SCHEDULE II - VALUATION AND QUALIFYING ACCOUNTS

12 Months Ended

Dec. 31, 2012

SCHEDULE II - VALUATION AND QUALIFYING ACCOUNTS

SCHEDULE II

STEWART INFORMATION SERVICES CORPORATION AND SUBSIDIARIES

VALUATION AND QUALIFYING ACCOUNTS

December 31, 2012

Col. A	Col. B		Col. C Additions					Col. D Deductions				Col. E
Description	Balance at beginning of period		Charged to costs and expenses			Charged to other accounts (describe)		(Describe)				Balance At end of period
	($000 omitted)
Stewart Information Services Corporation and subsidiaries:
Year ended December 31, 2010:
Estimated title losses		503,475		148,438			—		156,064	(A	)		495,849
Valuation allowance for deferred tax assets		93,080		(1,146	)		—		—				91,934
Allowance for uncollectible amounts		20,501		4,186			—		5,249	(B	)		19,438
Year ended December 31, 2011:
Estimated title losses		495,849		142,101			—		135,339	(A	)		502,611
Valuation allowance for deferred tax assets		91,934		(7,163	)		—		—				84,771
Allowance for uncollectible amounts		19,438		1,318			—		4,700	(B	)		16,056
Year ended December 31, 2012:
Estimated title losses		502,611		140,029			—		122,265	(A	)		520,375
Valuation allowance for deferred tax assets		84,771		(72,635	)		—		—				12,136
Allowance for uncollectible amounts		16,056		3,201			—		6,434	(B	)		12,823
Stewart Information Services Corporation – Parent Company:
Year ended December 31, 2010:
Allowance for uncollectible amounts		635		(96	)		—		462	(B	)		77
Year ended December 31, 2011:
Allowance for uncollectible amounts		77		—			—		62	(B	)		15
Year ended December 31, 2012:
Allowance for uncollectible amounts		15		1			—		2	(B	)		14

(A) Represents primarily payments of policy and escrow losses and loss adjustment expenses.

(B) Represents uncollectible accounts written off.