XML 24 R25.htm IDEA: XBRL DOCUMENT  v2.3.0.11
Financial Data by Segment (Detail) (USD $)
In Thousands, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
Dec. 31, 2010
Segment Reporting Information [Line Items]          
Gross written premiums $ 278,714 $ 253,568 $ 574,997 $ 523,713  
Net written premiums 183,363 165,005 376,439 354,322  
Net earned premiums 173,777 161,471 326,255 325,540  
Net losses and loss adjustment expenses (113,863) (99,863) (230,651) (203,670)  
Commission expenses (28,030) (25,677) (54,230) (50,993)  
Other operating expenses (35,777) (34,524) (72,352) (69,120)  
Other income (expense) 573 (888) 1,564 192  
Underwriting profit (loss) (3,320) 519 (29,414) 1,949  
Net investment income 17,429 17,853 34,813 35,825  
Net realized gains (losses) 2,474 10,865 844 16,897  
Interest expense (2,047) (2,044) (4,093) (4,088)  
Income (loss) before income taxes 14,536 27,193 2,150 50,583  
Income tax expense (benefit) 5,032 8,223 539 14,568  
Net income (loss) 9,504 18,970 1,611 36,015  
Identifiable assets 3,655,909 [1] 3,480,255 [1] 3,655,909 [1] 3,480,255 [1] 3,531,459
Losses and loss adjustment expenses ratio 65.50% 61.80% 70.70% 62.60%  
Commission expense ratio 16.10% 15.90% 16.60% 15.70%  
Other operating expense ratio 20.30% [2] 22.00% [2] 21.70% [2] 21.10% [2]  
Combined ratio 101.90% 99.70% 109.00% 99.40%  
Insurance Companies
         
Segment Reporting Information [Line Items]          
Gross written premiums 186,767 170,641 393,543 348,479  
Net written premiums 123,204 111,401 253,944 232,741  
Net earned premiums 114,987 110,425 213,807 221,636  
Net losses and loss adjustment expenses (77,330) (64,862) (152,127) (133,265)  
Commission expenses (16,402) (14,615) (28,742) (28,977)  
Other operating expenses (26,516) (25,907) (53,315) (53,260)  
Other income (expense) 626 (114) 2,317 (1,091)  
Underwriting profit (loss) (4,635) 4,927 (18,060) 5,043  
Net investment income 14,989 15,556 29,972 31,304  
Net realized gains (losses) 3,100 10,729 2,855 15,934  
Income (loss) before income taxes 13,454 31,212 14,767 52,281  
Income tax expense (benefit) 4,617 9,654 4,845 15,117  
Net income (loss) 8,837 21,558 9,922 37,164  
Identifiable assets 2,681,023 [1] 2,564,004 [1] 2,681,023 [1] 2,564,004 [1]  
Losses and loss adjustment expenses ratio 67.30% 58.70% 71.20% 60.10%  
Commission expense ratio 14.30% 13.20% 13.40% 13.10%  
Other operating expense ratio 22.40% [2] 23.60% [2] 23.80% [2] 24.50% [2]  
Combined ratio 104.00% 95.50% 108.40% 97.70%  
Lloyd's Operations
         
Segment Reporting Information [Line Items]          
Gross written premiums 91,947 82,927 181,454 175,234  
Net written premiums 60,159 53,604 122,495 121,581  
Net earned premiums 58,790 51,046 112,448 103,904  
Net losses and loss adjustment expenses (36,533) (35,001) (78,524) (70,405)  
Commission expenses (12,042) (11,402) (26,449) (22,368)  
Other operating expenses (9,261) (8,617) (19,037) (15,860)  
Other income (expense) 361 (434) 208 1,635  
Underwriting profit (loss) 1,315 (4,408) (11,354) (3,094)  
Net investment income 2,320 2,128 4,575 4,197  
Net realized gains (losses) (798) 19 (2,183) 732  
Income (loss) before income taxes 2,837 (2,261) (8,962) 1,835  
Income tax expense (benefit) 1,029 (815) (3,027) 688  
Net income (loss) 1,808 (1,446) (5,935) 1,147  
Identifiable assets 908,361 [1] 829,008 [1] 908,361 [1] 829,008 [1]  
Losses and loss adjustment expenses ratio 62.10% 68.60% 69.80% 67.80%  
Commission expense ratio 20.50% 22.30% 23.50% 21.50%  
Other operating expense ratio 15.20% [2] 17.70% [2] 16.80% [2] 13.70% [2]  
Combined ratio 97.80% 108.60% 110.10% 103.00%  
Corporate
         
Segment Reporting Information [Line Items]          
Commission expenses 414 [3] 340 [3] 961 [3] 352 [3]  
Other income (expense) (414) [3] (340) [3] (961) [3] (352) [3]  
Net investment income 120 [3] 169 [3] 266 [3] 324 [3]  
Net realized gains (losses) 172 [3] 117 [3] 172 [3] 231 [3]  
Interest expense (2,047) [3] (2,044) [3] (4,093) [3] (4,088) [3]  
Income (loss) before income taxes (1,755) [3] (1,758) [3] (3,655) [3] (3,533) [3]  
Income tax expense (benefit) (614) [3] (616) [3] (1,279) [3] (1,237) [3]  
Net income (loss) (1,141) [3] (1,142) [3] (2,376) [3] (2,296) [3]  
Identifiable assets $ 74,326 [1],[3] $ 70,742 [1],[3] $ 74,326 [1],[3] $ 70,742 [1],[3]  
[1] Includes inter-segment transactions causing the row not to cross foot.
[2] Includes Other operating expenses and Other income.
[3] Includes Corporate segment intercompany eliminations.