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
proliferation of Global Incidents Drives need for
Kidnap Coverage; mid-market and nonprofits Join
Fortune 1000 in purchasing policies See page 16
new Iso endorsement
addresses second-Tier
supply-Chain risk
Page 24