Segment Information

9 Months Ended

Sep. 30, 2012

Segment Information [Abstract]

Segment Information

3. SEGMENT INFORMATION

     AmerInst has two operating segments: (1) reinsurance activity, which also includes investments and other activities, and (2) insurance activity, which offers professional liability solutions to professional service firms under the Agency Agreement with C&F, as defined in the "Overview" section below.

The tables below summarize the results of our operating segments for the nine months ended September 30, 2012 and 2011.

		Nine Months Ended September 30, 2012
		Reinsurance		Insurance
		Segment		Segment			Total
Revenues	$	2,381,972	$	615,594		$	2,997,566
Total losses and expenses		1,811,075		1,856,864			3,667,939
Segment income (loss)	$	570,897	$	(1,241,270	)	$	(670,373	)
Identifiable assets	$	—	$	599,418		$	599,418

		Nine Months Ended September 30, 2011
		Reinsurance		Insurance
		Segment		Segment			Total
Revenues	$	1,931,448	$	236,015		$	2,167,463
Total losses and expenses		994,895		2,099,867			3,094,762
Segment income (loss)	$	936,553	$	(1,863,852	)	$	(927,299	)
Identifiable assets	$	—	$	794,573		$	794,573

The tables below summarize the results of our operating segments for the three months ended September 30, 2012 and 2011.

		Three Months Ended September 30, 2012
		Reinsurance		Insurance
		Segment		Segment			Total
Revenues	$	1,011,644	$	209,770		$	1,221,414
Total losses and expenses		684,625		588,015			1,272,640
Segment income (loss)	$	327,019	$	(378,245	)	$	(51,226	)
Identifiable assets	$	—	$	599,418		$	599,418

		Three Months Ended September 30, 2011
		Reinsurance		Insurance
		Segment		Segment			Total
Revenues	$	277,006	$	91,587		$	368,593
Total losses and expenses		86,370		615,432			701,802
Segment income (loss)	$	190,636	$	(523,845	)	$	(333,209	)
Identifiable assets	$	—	$	794,573		$	794,573