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Reinsurance (Tables)
 6 Months Ended
Jun. 30, 2012
Reinsurance [Abstract]  
Impact of catastrophe excess of loss reinsurance treaties on premiums written and earned

The impact of the catastrophe excess of loss reinsurance treaties on premiums written and earned is as follows (in thousands):

 

                                 
    Three Months Ended
June 30,		     Six Months Ended
June 30,		  
    2012     2011     2012     2011  
         

Premiums Written

                                

Direct

   $ 83,669       54,838       121,842       69,961  

Assumed

     (342 )      (157 )      (1,620 )      (2,351 ) 
   

 

 

    

 

 

    

 

 

    

 

 

  

Gross written

     83,327       54,681       120,222       67,610  

Ceded

     (17,497 )      (14,174 )      (31,826 )      (28,396 ) 
   

 

 

    

 

 

    

 

 

    

 

 

  

Net premiums written

   $ 65,830       40,507       88,396       39,214  
   

 

 

    

 

 

    

 

 

    

 

 

  
         

Premiums Earned

                                

Direct

   $ 39,873       29,160       73,171       57,147  

Assumed

     13,899       2,058       35,299       4,967  
   

 

 

    

 

 

    

 

 

    

 

 

  

Gross earned

     53,772       31,218       108,470       62,114  

Ceded

     (17,497 )      (14,174 )      (31,826 )      (28,396 ) 
   

 

 

    

 

 

    

 

 

    

 

 

  

Net premiums earned

   $ 36,275       17,044       76,644       33,718