Consolidated Statements of Operations (Unaudited) (USD $) In Thousands, except Share data	3 Months Ended		6 Months Ended
	Jun. 30, 2011	Jun. 30, 2010	Jun. 30, 2011	Jun. 30, 2010
Revenues:
Direct earned premiums	$ 60,801	$ 60,976	$ 118,456	$ 116,718
Assumed earned premiums	13,851	9,270	25,135	18,290
Ceded earned premiums	(15,502)	(23,006)	(30,073)	(44,800)
Net earned premiums	59,150	47,240	113,518	90,208
Net investment income	8,050	7,929	15,486	15,834
Net realized gains	194	509	11,302	1,520
Fee income	786	1,155	1,651	2,248
Other income	12	10	23	30
Total revenues	68,192	56,843	141,980	109,840
Expenses:
Losses and loss adjustment expenses	39,869	29,251	82,129	54,652
Acquisition expenses	13,347	8,995	25,208	18,825
Other underwriting expenses	10,171	9,849	20,370	19,676
Interest expense	354	685	740	1,444
Corporate and other expenses	918	751	1,638	1,466
Total expenses	64,659	49,531	130,085	96,063
Earnings before income taxes	3,533	7,312	11,895	13,777
Income tax (benefit) expense	(549)	950	(581)	851
Net earnings	4,082	6,362	12,476	12,926
Less: Net earnings attributable to the non-controlling interest	30	199	523	256
Net earnings attributable to American Safety Insurance Holdings, Ltd.	$ 4,052	$ 6,163	$ 11,953	$ 12,670
Net earnings per share:
Basic	$ 0.39	$ 0.60	$ 1.15	$ 1.23
Diluted	$ 0.38	$ 0.58	$ 1.11	$ 1.19
Weighted average number of shares outstanding:
Basic	10,429,188	10,246,100	10,436,848	10,288,718
Diluted	10,764,542	10,589,708	10,776,398	10,616,956