Investment Income (Loss) (Tables)

9 Months Ended

Sep. 30, 2012

The components of investment income (loss) are as follows:

	For the three months ended September 30,					For the nine months ended September 30,
($ in thousands)	2012		2011			2012			2011

Interest and dividend income	$	323	$	87		$	3,159		$	2,971
Investment gain		-		-			9,780			1,071
Equity earnings (loss)		-		(753	)		(522	)		(1,418	)
Total investment income (loss)	$	323	$	(666	)	$	12,417		$	2,624

- Definition

Tabular disclosure of investment income derived from investments in debt and equity securities consisting of interest income earned from investments in debt securities and on cash and cash equivalents, dividend income from investments in equity securities, and income or expense derived from the amortization of investment related discounts or premiums, respectively. This item does not include realized or unrealized gains or losses on the sale or holding of investments in debt and equity securities required to be included in earnings for the period or for other than temporary losses related to investments in debt and equity securities which are included in realized losses in the period recognized.

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