XML 16 R33.htm IDEA: XBRL DOCUMENT v2.4.0.6
Reinsurance (Details 5) (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2012
Dec. 31, 2011
Calculation of net reserves, net unearned premium and net deferred policy acquisition costs    
Loss and loss adjustment expense payable $ 3,755,699 $ 3,658,317
Reinsurance recoverable on outstanding losses (518,288) (477,760)
Reinsurance recoverable on incurred but not reported losses (488,416) (497,074)
Net reserves 2,748,995 2,683,483
Unearned premium 1,147,121 1,031,034
Ceded unearned premium (255,078) (222,300)
Net unearned premium 892,043 808,734
Deferred policy acquisition costs 204,387 189,633
Deferred ceding commissions (71,767) (62,364)
Net deferred policy acquisition costs $ 132,620 $ 127,269