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Reserve for Losses and Loss Expenses (Schedule of Reconciliation of Unpaid Losses and Loss Expenses) (Details) (USD $)
In Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
Reserve for Losses and Loss Expenses        
Gross liability at beginning of period $ 5,100,643 $ 4,853,359 $ 4,879,188 $ 4,761,772
Reinsurance recoverable at beginning of period (975,523) (920,480) (927,588) (919,991)
Net liability at beginning of period 4,125,120 3,932,879 3,951,600 3,841,781
Commutation of variable-rated reinsurance contracts 11,529   11,529 8,864
Current year 279,513 252,816 628,315 550,062
Prior years (55,229) (64,094) (99,579) (138,050)
Total incurred 235,813 188,722 540,265 420,876
Current year 19,579 26,704 21,279 33,410
Prior years 109,238 102,690 243,596 231,990
Total paid 128,817 129,394 264,875 265,400
Foreign exchange revaluation 5,237 (4,207) 10,363 (9,257)
Net liability at end of period 4,237,353 3,988,000 4,237,353 3,988,000
Reinsurance recoverable at end of period 1,013,951 932,435 1,013,951 932,435
Gross liability at end of period 5,251,304 4,920,435 5,251,304 4,920,435
Net Gains Incurred Related To Commutation Of Variable Rated Reinsurance Contracts $ 865   $ 865