Schedule IV - Reinsurance

12 Months Ended

Dec. 31, 2012

Supplemental Schedule of Reinsurance Premiums for Insurance Companies [Abstract]

Schedule IV - Reinsurance

SCHEDULE IV - REINSURANCE

FOR THE YEARS ENDED DECEMBER 31, 2012, 2011 AND 2010

									Percentage
			Ceded		Assumed				of Amount
	Gross		to Other		from Other		Net		Assumed
(U.S. dollars in thousands)	Amount		Companies		Companies		Amount		to Net
2012
Life reinsurance in force (1)	$	-	$	443,798	$	82,099,647	$	81,655,849		100.5%
Premiums Earned:
Property and casualty operations	$	4,604,327	$	1,231,835	$	2,393,490	$	5,765,982		41.5%
Life operations		-		31,322		355,781		324,459		109.7%
Total premiums earned	$	4,604,327	$	1,263,157	$	2,749,271	$	6,090,441		45.1%
2011
Life reinsurance in force (1)	$	-	$	559,676	$	88,646,215	$	88,086,539		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%

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