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Consolidated Statements of Operations (USD $)
In Thousands, except Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Revenues:      
Direct earned premiums $ 249,810 $ 241,428 $ 231,419
Assumed earned premiums 60,756 51,047 40,872
Ceded earned premiums (56,700) (59,596) (71,558)
Net earned premiums 253,866 232,879 200,733
Net investment income 30,198 31,338 32,138
Net realized gains 9,693 10,966 2,251
Fee income 3,316 3,309 4,631
Other income (loss) 49 47 (443)
Total revenues 297,122 278,539 239,310
Expenses:      
Losses and loss adjustment expenses 171,698 169,367 120,295
Acquisition expenses 58,579 52,080 43,044
Other underwriting expenses 47,531 42,230 42,158
Interest expense 1,521 1,444 2,677
Corporate and other expenses 3,844 2,688 3,267
Total expenses 283,173 267,809 211,441
Earnings before income taxes 13,949 10,730 27,869
Income tax expense (benefit) 841 (3,394) (2,082)
Net earnings 13,108 14,124 29,951
Less: Net earnings (loss) attributable to the non-controlling interest 1,269 3,282 (557)
Net earnings attributable to American Safety Insurance Holdings, Ltd. $ 11,839 $ 10,842 $ 30,508
Net earnings per share:      
Basic $ 1.18 $ 1.04 $ 2.96
Diluted $ 1.14 $ 1.01 $ 2.87
Weighted average number of shares outstanding:      
Basic 10,073,304 10,393,766 10,302,525
Diluted 10,382,887 10,739,174 10,646,104