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Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2012
Accounting Policies [Abstract]  
Redeemable Noncontrolling Interest [Table Text Block]

Activity related to non-controlling interest for the years ended December 31, 2012 and 2011 is as follows (in thousands):

 

    2012     2011  
             
Beginning balance   $ 1,284     $ 1,360  
Accretion of redeemable non-controlling interest     392       31  
Net income attributable to non-controlling interest     324       58  
Distribution to non-controlling interest     (281 )     (165 )
Redemption of non-controlling interest     (1,700 )     -  
Other     (19 )     -  
                 
Ending balance   $ -     $ 1,284
Schedule of Profit Sharing Commission [Table Text Block]

The following table details the profit sharing commission provisional loss ratio compared to the estimated ultimate loss ratio for each effective quota share treaty between the Standard Commercial P&C business unit and Clarendon.

 

    Treaty Effective Dates  
    07/01/01     07/01/02     07/01/03     07/01/04  
                         
Provisional loss ratio     60.0 %     59.0 %     59.0 %     64.2 %
                                 
Estimated ultimate loss ratio recorded to at December 31, 2012           63.5   %           64.5   %           62.5   %           61.8   %

 

The following table details the profit sharing commission revenue provisional loss ratio compared to the estimated ultimate loss ratio for the effective quota share treaty between the E&S Commercial business unit and Republic.

 

    Treaty Effective Dates  
    01/01/06     01/01/07     01/01/08  
                   
Provisional loss ratio     65.0 %     65.0 %     65.0 %
                         
Ultimate loss ratio recorded to at December 31, 2012     58.3 %     62.4 %     58.8 %