SCHEDULE III SUPPLEMENTARY INSURANCE INFORMATION

12 Months Ended

Dec. 31, 2015

SCHEDULE III SUPPLEMENTARY INSURANCE INFORMATION [Abstract]

SCHEDULE III SUPPLEMENTARY INSURANCE INFORMATION

SCHEDULE III -- SUPPLEMENTARY INSURANCE INFORMATION

Form 10-K

Baldwin & Lyons, Inc. and Subsidiaries

(Dollars in thousands)


Column A	Column B		Column C		Column D		Column E		Column F		Column G		Column H		Column I		Column J		Column K


	As of December 31								Year Ended December 31
			Reserves
			for Unpaid				Other						Benefits,		Amortization
	Deferred		Claims				Policy						Claims,		of Deferred
	Policy		and Claim				Claims and		Net		Net		Losses and		Policy		Other		Net
	Acquisition		Acquisition		Unearned		Benefits		Premium		Investment		Settlement		Acquisition		Operating		Premiums
Segment	Costs		Expenses		Premiums		Payable		Earned		Income		Expenses		Costs		Expenses		Written
											(C)		(A)				(B) (C)
Property/Casualty
Insurance

2015	$	1,443	$	464,305	$	18,579		---	$	242,364	$	12,498	$	142,258	$	50,270	$	13,682	$	238,330

2014		2,263		449,133		23,659		---		224,683		9,055		139,308		48,872		14,033		224,258

2013		2,319		408,469		26,303		---		202,785		8,770		133,005		47,414		14,459		201,817

Reinsurance

2015		---	$	49,291	$	6,712		---	$	20,971	$	12,498	$	13,492		---	$	13,682	$	16,323

2014		---		56,969		11,360		---		36,944		9,055		20,288		---		14,033		37,913

2013		---		66,001		10,390		---		49,958		8,770		17,696		---		14,459		51,867

(A) Allocations of certain expenses have been made to investment income, settlement expenses and other operating expenses and are based on a number of assumptions and estimates. Results among these categories would change if different methods were applied.

(B) Commission allowances relating to reinsurance ceded are offset against other operating expenses.