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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details 7) (USD $)
In Millions, unless otherwise specified
12 Months Ended
Dec. 31, 2012
California earthquake
 
Catastrophe Exposures  
Catastrophe reinsurance $ 300
First-dollar retention 25
Non-California earthquake
 
Catastrophe Exposures  
Catastrophe reinsurance 330
First-dollar retention 20
Hurricane
 
Catastrophe Exposures  
Catastrophe reinsurance 230
First-dollar retention $ 20