National Underwriter - May 7, 2012

National Under writer

$6.00

831(B): smaLL Bu T mIGHTY (popuLar)

midsize Companies embrace
“mini-Captives” strategy
Page 18

TOP STORIES OF THE WEEK

Bermuda Companies see Dramatic Improvements in Q1 results Bermuda-based insurers and reinsurers including Aspen Insurance Holdings Inc. and Everest Re report strong first-quarter earnings compared to a year prior, with several swinging back into the black after reporting Q1 losses in 2011. E Page 6

Industries unite to push
for nFIp extension
Thirteen insurance, mortgage, bank-
ing and conservancy groups launch the
“Flood the Hill” effort to push for Senate
action on flood legislation before the cur-
rent National Flood Insurance Program
authorization expires May 31. E Page 7

ransom &
resCue
as older producers Try to adapt,
Younger agents step up
IIABA Chairman Mike Donohoe says
aging agents are challenged by new tech
tools, while their younger colleagues are
demanding more of a voice in the
profession’s future. E Page 10

report: Workers' Comp Insurers may Be pressured Into a Hard market With the current investment environment working against Workers’ Compensation insurers, carriers may be forced to raise rates in order to see profits. E Page 13