Industry Roundup: July 30, 2021
P&C Insurers' Net Income Increased in Q1 2021According to a new report from Verisk and the American Property Casualty Insurance Association (APCIA), U.S. private property and casualty (P&C) insurers experienced growth in net income after taxes in the first quarter of 2021 when compared to the same period in 2020. However, insurers' combined ratio, which is a key measure of underwriting profitability, worsened.M&A Boom is Under Threat in D.C. As Aon-WTW Deal DissolvesWith a new appetite for stepped-up antitrust enforcement sweeping Washington, big deals are already getting harder to do. Aon's decision on Monday, July 26, to abandon a $30 billion takeover of insurance brokerage…