SCHEDULE IV -REINSURANCE

12 Months Ended

Dec. 31, 2011

SCHEDULE IV -- REINSURANCE [Abstract]

SCHEDULE IV -- REINSURANCE

SCHEDULE IV -- REINSURANCE
Form 10-K
Baldwin & Lyons, Inc. and Subsidiaries
(Dollars in thousands)
Column A	Column B		Column C		Column D		Column E		Column F
									% of
			Ceded		Assumed				Amount
	Direct		to Other		from Other		Net		Assumed to
	Premiums		Companies		Companies		Amount		Net
Premiums Earned -
Property/casualty insurance:
Years Ended December 31:
2011	$	270,002	$	85,493	$	60,061	$	244,570		23.8
2010		245,912		73,119		41,945		214,738		19.0
2009		200,341		60,818		41,777		181,300		22.2

Note:  Included in Ceded to Other Companies is $1,913, $1,250 and $1,488 for 2011, 2010 and 2009, respectively, relating to retrocessions associated with premiums assumed from other companies.  Amount Assumed to Net percentage above considers the impact of this retrocession.