STATUTORY FINANCIAL INFORMATION (TABLES)

12 Months Ended

Dec. 31, 2013

STATUTORY FINANCIAL INFORMATION [Abstract]

STATUTORY CAPITAL AND SURPLUS BY JURISDICTION [Table Text Block]




	Bermuda				Ireland				United States
At December 31,	2013		2012		2013		2012		2013		2012

Required statutory capital and surplus	$	1,996,794	$	2,048,329	$	315,258	$	279,078	$	385,651	$	358,674
Actual statutory capital and surplus	$	3,839,840	$	4,091,437	$	906,932	$	904,237	$	1,348,861	$	1,295,679

- Definition

Tabular disclosure of how the entity's reporting under GAAP as of the balance sheet date differs from the results based on prescribed and permitted accounting practices of the state or country of domicile in which a relevant statutory filing is made, or differences in results based on the National Association of Insurance Commissioners (NAIC) prescribed practices, or a combination thereof. Describes the accounting practices used and the related monetary effect on statutory surplus, net income, and risk-based capital. If an insurance enterprise's risk-based capital would have triggered a regulatory event had it not used a permitted practice, that fact is disclosed in the financial statements. Permitted statutory accounting practices include practices not prescribed but allowed by the domiciliary state insurance department regulatory authority.

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