XML 106 R66.htm IDEA: XBRL DOCUMENT v2.4.0.8
RESERVES FOR LOSS AND LOSS SETTLEMENT EXPENSES (Details) (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Liability for Unpaid Claims and Claims Adjustment Expense [Roll Forward]        
Gross liability for losses and loss settlement expenses at beginning of year $ 971,911 $ 945,051 $ 603,090  
Ceded loss and loss settlement expenses 75,150 103,870 120,359 39,000
Net liability for losses and loss settlement expenses at beginning of year 868,041 824,692 564,090  
Reserves acquired in Mercer Insurance Group acquisition, net 0 0 252,598  
Beginning balance, as adjusted 868,041 824,692 816,688  
Losses and loss settlement expenses incurred for claims occurring during        
Current year 494,841 512,564 468,926  
Prior years (57,487) (73,427) (61,095)  
Total incurred 437,354 439,137 407,831  
Losses and loss settlement expenses incurred for claims occurring during        
Current year 203,868 201,632 253,175  
Prior years 216,026 194,156 146,653  
Total paid 419,894 395,788 399,828  
Net liability for losses and loss settlement expenses at end of year 885,501 868,041 824,692  
Ceded loss and loss settlement expenses (75,150) (103,870) (120,359) (39,000)
Gross liability for losses and loss settlement expenses at end of year $ 960,651 $ 971,911 $ 945,051