National
Under writer
THE LEADER IN PROPERTY & CASUALTY NEWS
SAvIoRS of JopLIn
Missouri Department of
Insurance’s director reflects
on carriers’ response, one year
after tornado devastation
Page 6
TOP STORIES OF THE WEEK
Lloyd’s of London’s Long-Term
Strategy: Emerging Markets
The specialist insurance market looks
ahead to 2025 and sees long-term
growth opportunities in emerging
markets through an expanding network
of brokers. E Page 8
Changes in procedures
Help Medical-Malpractice
Industry Thrive
The new president/CEO of the Physician
Insurers Association of America cites the
reasons this sector is now avoiding the
”peaks and valleys” of years past.
E Page 10
Bermuda carriers roar back to profitability in Q1; RMS 11, Solvency II,
disaster threats top-of-mind topics going forward See page 14
Reserve Releases Decline
Again in Q1
Insurers are less inclined to use
prior-year reserves to mask losses, says
a report by a Stifel Nicolaus financial
analyst. E Page 10
M&A Marketplace Hits Rare
State of Equilibrium
A new record may be set this year
for agency mergers-and-acquisitions
activity, as for the first time in years an
abundance of sellers has caught up with
heavy demand from buyers. E Page 26
WoRkERS’ CoMp
UpDATE: CoST-Con TRoL
STRATEgIES
Case study examines how one
risk manager reduced lost-work
days, saved millions Page 16