Reinsurance (Tables)

9 Months Ended

Sep. 30, 2012

Reinsurance Disclosures [Abstract]

Reinsurance Financial Information

The following is a summary of reinsurance financial information:

	For the Three Months Ended						For the Nine Months Ended
	September 30,						September 30,
(Dollars in thousands)	2012			2011			2012			2011
Written premiums:
Direct	$	1,267,882		$	1,114,494		$	3,718,477		$	3,286,220
Assumed	226,842			191,806			608,693			535,214
Ceded	(218,837		)	(180,161		)	(656,766		)	(554,577		)
Total net premiums written	$	1,275,887		$	1,126,139		$	3,670,404		$	3,266,857
Earned premiums:
Direct	$	1,208,257		$	1,070,279		$	3,475,375		$	3,063,410
Assumed	193,024			165,208			559,304			489,020
Ceded	(214,748		)	(179,664		)	(601,138		)	(496,866		)
Total net premiums earned	$	1,186,533		$	1,055,823		$	3,433,541		$	3,055,564
Ceded losses incurred	$	114,273		$	134,027		$	308,692		$	329,139