7. Reinsurance (Tables)

12 Months Ended

Dec. 31, 2012

Insurance [Abstract]

Schedule of approximate reinsurance recoverables

Approximate reinsurance recoverables on unpaid and paid losses by reinsurer are as follows:

	Unpaid		Paid
($ in thousands)	Losses		Losses		Total		Security
December 31, 2012
Maiden Reinsurace Company	$	8,173	$	2,989	$	11,162	$	6,503	(1)
SCOR Reinsurance Company		4,437		1,495		5,932		-
Motors Insurance Corporation		1,550		49		1,599		1,214	(1)
Sirius American Insurance Company		1,406		18		1,424		-
Swiss Reinsurance America Corporation		1,705		756		2,461		-
Allied World Assurance Company		808		372		1,180		-
Others		341		113		454		91	(2)
Total	$	18,420	$	5,792	$	24,212	$	7,808
December 31, 2011
Maiden Reinsurace Company	$	3,534	$	514	$	4,048	$	8,156	(1)
SCOR Reinsurance Company		2,046		272		2,318		-
Motors Insurance Corporation		1,730		228		1,958		1,923	(1)
Sirius American Insurance Company		993		67		1,060		-
Others		1,657		536		2,193		360	(2)
Total	$	9,960	$	1,617	$	11,577	$	10,439

Schedule of Ceding commissions earned

Ceding commissions earned consists of the following:

	Years ended
	December 31,
	2012		2011
Provisional ceding commissions earned	$	8,516,240	$	6,916,027
Contingent ceding commissions earned		1,173,915		3,708,687
	$	9,690,155	$	10,624,714