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Segment Reporting (Tables)
9 Months Ended
Sep. 30, 2012
Segment Reporting Information [Line Items]  
Schedule Of Underwriting Results For Operating Segments To Income (Loss) Before Taxes
   
Three Months Ended
   
Nine Months Ended
 
   
September 30,
   
September 30,
 
(Dollars in thousands)
 
2012
   
2011
   
2012
   
2011
 
Underwriting gain (loss)
  $ 67,833     $ 7,213     $ 134,571     $ (193,438 )
Net investment income
    76,342       78,325       231,790       249,916  
Net realized capital gains (losses)
    95,943       (179,036 )     354,673       (206,744 )
Corporate expense
    (2,019 )     (1,143 )     (5,317 )     (3,498 )
Interest, fee and bond issue cost amortization expense
    (12,682 )     (12,706 )     (38,061 )     (38,083 )
Other income (expense)
    425       (8,865 )     19,599       (20,401 )
Income (loss) before taxes
  $ 225,842     $ (116,212 )   $ 697,255     $ (212,248 )
Schedule Of Gross Written Premium Derived From Largest Non-U.S. Market
   
Three Months Ended
   
Nine Months Ended
 
   
September 30,
   
September 30,
 
(Dollars in thousands)
 
2012
   
2011
   
2012
   
2011
 
Canada
  $ 33,891     $ 73,543     $ 109,166     $ 156,727  
U.S. Reinsurance [Member]
 
Segment Reporting Information [Line Items]  
Schedule Of Underwriting Results For Operating Segments
   
Three Months Ended
   
Nine Months Ended
 
U.S. Reinsurance
 
September 30,
   
September 30,
 
(Dollars in thousands)
 
2012
   
2011
   
2012
   
2011
 
Gross written premiums
  $ 433,494     $ 360,833     $ 938,444     $ 947,155  
Net written premiums
    219,884       167,469       475,271       486,032  
                                 
Premiums earned
  $ 181,396     $ 167,530     $ 529,409     $ 512,104  
Incurred losses and LAE
    108,153       97,197       321,397       371,638  
Commission and brokerage
    40,092       23,298       139,920       106,123  
Other underwriting expenses
    12,766       10,843       33,541       30,621  
Underwriting gain (loss)
  $ 20,385     $ 36,192     $ 34,551     $ 3,722  
International [Member]
 
Segment Reporting Information [Line Items]  
Schedule Of Underwriting Results For Operating Segments
   
Three Months Ended
   
Nine Months Ended
 
International
 
September 30,
   
September 30,
 
(Dollars in thousands)
 
2012
   
2011
   
2012
   
2011
 
Gross written premiums
  $ 248,459     $ 326,053     $ 878,637     $ 923,649  
Net written premiums
    105,550       158,038       402,078       457,663  
                                 
Premiums earned
  $ 121,611     $ 151,050     $ 426,419     $ 479,989  
Incurred losses and LAE
    29,309       104,570       191,837       514,260  
Commission and brokerage
    19,692       35,686       88,432       105,755  
Other underwriting expenses
    8,246       7,549       21,532       20,938  
Underwriting gain (loss)
  $ 64,364     $ 3,245     $ 124,618     $ (160,964 )
Insurance [Member]
 
Segment Reporting Information [Line Items]  
Schedule Of Underwriting Results For Operating Segments
   
Three Months Ended
   
Nine Months Ended
 
Insurance
 
September 30,
   
September 30,
 
(Dollars in thousands)
 
2012
   
2011
   
2012
   
2011
 
Gross written premiums
  $ 328,930     $ 236,294     $ 783,872     $ 750,283  
Net written premiums
    133,432       114,328       348,328       366,223  
                                 
Premiums earned
  $ 124,105     $ 124,282     $ 343,465     $ 362,212  
Incurred losses and LAE
    105,415       120,332       273,617       302,038  
Commission and brokerage
    10,680       11,858       22,968       27,781  
Other underwriting expenses
    24,926       24,316       71,478       68,589  
Underwriting gain (loss)
  $ (16,916 )   $ (32,224 )   $ (24,598 )   $ (36,196 )