National
Under writer
Commercial Agency of the Year
Winners Share the Secrets of Their
Success at NU Exclusive Roundtable
Page 16
TOP STORIES OF THE WEEK
3Q Earnings: Catastrophes Continue to Plague Insurers’ Results
Third-quarter results are rolling in, and
the theme remains the same as it has been
throughout the year: Catastrophe losses are
dragging down profits. E Page 6
Rates ‘Improving,’ But Conditions
Not Quite Right for Market Turn
While executives on third-quarter-results
conference calls say they are seeing improvements in the rate environment, Insurance Information Institute President Robert
Hartwig says the stars are not quite aligned
yet for a market turn. E Page 7
Thailand Floods Could
Cost Insurers Billions
Officials in Thailand say insurance losses
from months of flooding could cost insur-
ers plenty, with some estimates running
as high as $13 billion as floods reached
industrial zones. E Page 7
Brokers Report Mixed 3Q Results
Insurance brokers are reporting varied
results so far for 2011’s third quarter,
with Willis Group Holdings posting an 8
percent decrease in net income, Arthur J.
Gallagher posting a 14 percent increase,
and Aon Corp. reporting a 38 percent
increase—but facing questions from financial analysts over the performance of its
consulting unit. E Page 8
The LexisNexis Insurance Exchange Continues to Offer Users a Digital Edge. So Why Isn't Everyone Using It? See page 24 DATA STAR
Illustration by Colin Anderson/Getty Images
WE WON'T GO:
The Private-Sector
Liability Questions of
‘Occupy Wall Street’
Page 12