Unaudited Quarterly Financial Data

12 Months Ended

Dec. 31, 2012

Unaudited Quarterly Financial Data [Abstract]

Unaudited Quarterly Financial Data

21. UNAUDITED QUARTERLY FINANCIAL DATA

Summarized quarterly financial data for the periods indicated:

	2012
(Dollars in thousands)	1st Quarter		2nd Quarter		3rd Quarter		4th Quarter
Operating data:
Gross written premiums	$	857,191	$	732,879	$	1,010,883	$	968,437
Net written premiums		427,379		339,432		458,866		465,924
Premiums earned		433,711		438,470		427,112		474,605
Net investment income		81,242		74,206		76,342		74,355
Net realized capital gains (losses)		176,141		82,589		95,943		37,029
Total claims and underwriting expenses		377,402		428,041		359,279		566,325
Net income (loss)		214,724		125,653		155,985		23,967

	2011
(Dollars in thousands)	1st Quarter			2nd Quarter			3rd Quarter			4th Quarter
Operating data:
Gross written premiums	$	886,399		$	811,508		$	923,180		$	937,431
Net written premiums		460,083			410,002			439,835			444,093
Premiums earned		459,393			452,050			442,862			439,550
Net investment income		87,132			84,459			78,325			63,017
Net realized capital gains (losses)		40,476			(68,184	)		(179,036	)		165,628
Total claims and underwriting expenses		679,757			432,337			435,649			822,846
Net income (loss)		(97,533	)		8,807			261			(114,356	)