SCHEDULE IV - REINSURANCE

12 Months Ended

Dec. 31, 2011

Supplemental Schedule of Reinsurance Premiums for Insurance Companies [Text Block]

SCHEDULE IV – REINSURANCE

For the Years Ended December 31, 2011, 2010 and 2009

(U.S. dollars in thousands)	Gross Amount		Ceded to Other Companies		Assumed from Other Companies		Net Amount		Percentage of Amount Assumed to Net
2011
Life reinsurance in force(1)	$	—	$	559,676	$	88,646,215	$	88,086,538		100.6	%
Premiums Earned:
Property and casualty operations	$	4,624,557	$	1,477,000	$	2,179,555	$	5,327,112		40.9	%
Life operations		—		32,308		395,326		363,018		108.9	%
Total premiums earned:	$	4,624,557	$	1,509,308	$	2,574,881	$	5,690,130		45.3	%
2010
Life reinsurance in force(1)	$	—	$	559,674	$	100,908,397	$	100,348,723		100.6	%
Premiums Earned:
Property and casualty operations	$	4,535,626	$	1,342,017	$	1,837,528	$	5,031,137		36.5	%
Life operations		—		32,226		415,150		382,924		108.4	%
Total premiums earned:	$	4,535,626	$	1,374,243	$	2,252,678	$	5,414,061		41.6	%
2009
Life reinsurance in force(1)	$	—	$	565,048	$	129,797,640	$	129,232,592		100.4	%
Premiums Earned:
Property and casualty operations	$	4,861,073	$	1,586,968	$	1,877,634	$	5,151,739		36.4	%
Life operations		—		41,275		596,376		555,101		107.4	%
Total premiums earned:	$	4,861,073	$	1,628,243	$	2,474,010	$	5,706,840		43.4	%

(1) Represents the sum face value outstanding of in force life reinsurance policies.