XML 28 R31.htm IDEA: XBRL DOCUMENT v2.4.0.6
Segment Information (Details) (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Financial data by segment    
Gross written premiums $ 81,199 $ 73,765
Net written premiums 64,069 60,852
Net earned premiums 61,924 61,413
Fee & other income 1,240 680
Losses & loss adjustment expenses 37,964 37,281
Acquisition & other underwriting expenses 26,893 25,496
Underwriting profit (loss) (1,693) (684)
Net investment income 7,632 7,811
Pre-tax operating income (loss) 5,939 7,127
Net realized gains 1,454 53
Interest and corporate expenses 1,135 1,673
Earnings before income taxes 6,258 5,507
Income tax expense 677 1,106
Net earnings 5,581 4,401
Less: Net earnings attributable to the non-controlling interest 88 345
Net earnings attributable to American Safety Insurance Holdings, Ltd. 5,493 4,056
Loss ratio 61.30% 60.70%
Expense ratio 41.40% 40.40%
Combined ratio 102.70% 101.10%
E & S [Member]
   
Financial data by segment    
Gross written premiums 47,953 38,611
Net written premiums 37,546 30,733
Net earned premiums 36,541 31,150
Fee & other income 332  
Losses & loss adjustment expenses 22,028 18,917
Acquisition & other underwriting expenses 16,595 13,916
Underwriting profit (loss) (1,750) (1,683)
Net investment income 4,598 4,625
Pre-tax operating income (loss) 2,848 2,942
Loss ratio 60.30% 60.70%
Expense ratio 44.50% 44.70%
Combined ratio 104.80% 105.40%
ART [Member]
   
Financial data by segment    
Gross written premiums 16,602 21,178
Net written premiums 9,879 16,143
Net earned premiums 11,162 16,344
Fee & other income 771 663
Losses & loss adjustment expenses 7,393 9,987
Acquisition & other underwriting expenses 4,830 6,388
Underwriting profit (loss) (290) 632
Net investment income 1,230 1,429
Pre-tax operating income (loss) 940 2,061
Loss ratio 66.20% 61.10%
Expense ratio 36.40% 35.00%
Combined ratio 102.60% 96.10%
Reinsurance [Member]
   
Financial data by segment    
Gross written premiums 16,644 13,976
Net written premiums 16,644 13,976
Net earned premiums 14,221 13,919
Fee & other income     
Losses & loss adjustment expenses 8,543 8,349
Acquisition & other underwriting expenses 4,648 4,330
Underwriting profit (loss) 1,030 1,240
Net investment income 1,670 1,621
Pre-tax operating income (loss) 2,700 2,861
Loss ratio 60.10% 60.00%
Expense ratio 32.70% 31.10%
Combined ratio 92.80% 91.10%
Other Run-off [Member]
   
Financial data by segment    
Gross written premiums     
Net written premiums     
Net earned premiums     
Fee & other income 137 17
Losses & loss adjustment expenses    28
Acquisition & other underwriting expenses 820 862
Underwriting profit (loss) (683) (873)
Net investment income 134 136
Pre-tax operating income (loss) $ (549) $ (737)