SCHEDULE III SUPPLEMENTARY INSURANCE INFORMATION

12 Months Ended

Dec. 31, 2011

SCHEDULE III SUPPLEMENTARY INSURANCE INFORMATION [Abstract]

SCHEDULE III SUPPLEMENTARY INSURANCE INFORMATION

SCHEDULE III -- SUPPLEMENTARY INSURANCE INFORMATION
							Form 10-K
Baldwin & Lyons, Inc. and Subsidiaries
(Dollars in thousands)
Column A	Column B		Column C		Column D		Column E		Column F		Column G		Column H		Column I		Column J		Column K
	As of December 31								Year Ended December 31
			Reserves
			for Unpaid				Other						Benefits,		Amortization
	Deferred		Claims				Policy						Claims,		of Deferred
	Policy		and Claim				Claims and		Net		Net		Losses and		Policy		Other		Net
	Acquisition		Acquisition		Unearned		Benefits		Premium		Investment		Settlement		Acquisition		Operating		Premiums
Segment	Costs		Expenses		Premiums		Payable		Earned		Income		Expenses		Costs		Expenses		Written
											(A)		(A)				(A) (B)
Property/Casualty
Insurance
2011	$	4,578	$	421,556	$	39,919	$	---	$	244,570	$	10,729	$	215,555	$	40,712	$	13,786	$	248,483
2010		4,826		344,520		29,819		---		214,738		11,335		145,952		34,048		13,813		218,645
2009		4,905		359,031		25,912		---		181,300		13,971		99,351		28,827		18,442		190,028

(A)  Allocations of certain expenses have been made to investment income, settlement expenses and other operating expenses and are based on a number of assumptions and estimates.  Results among these categories would change if different methods were applied.

(B)  Commissions paid to the Parent Company have been eliminated for this presentation.  Commission allowances relating to reinsurance ceded are offset against other operating expenses.