|
Results of Operations of Business Segments (Detail) (USD $) In Thousands, unless otherwise specified
|
3 Months Ended |
9 Months Ended |
|
Sep. 30, 2012
|
Sep. 30, 2011
|
Sep. 30, 2012
|
Sep. 30, 2011
|
| Segment Reporting Information [Line Items] |
|
|
|
|
| Gross written premium |
$ 736,556 |
$ 561,222 |
$ 1,975,681 |
$ 1,563,711 |
| Net written premium |
483,659 |
321,903 |
1,235,025 |
931,603 |
| Change in unearned premium |
(96,212) |
(33,055) |
(199,560) |
(194,135) |
| Net earned premium |
387,447 |
288,848 |
1,035,465 |
737,468 |
| Ceding commission - primarily related party |
49,860 |
40,732 |
140,684 |
111,830 |
| Loss and loss adjustment expense |
(255,646) |
(185,352) |
(667,362) |
(484,056) |
| Acquisition costs and other underwriting expenses |
(143,736) |
(113,270) |
(397,474) |
(284,084) |
| Operating Expenses |
(399,382) |
(298,622) |
(1,064,836) |
(768,140) |
| Underwriting income |
37,925 |
30,958 |
111,313 |
81,158 |
| Service and fee income |
44,561 |
28,815 |
118,110 |
78,546 |
| Investment income and realized gain (loss) |
20,642 |
15,006 |
53,059 |
43,396 |
| Other expenses |
(42,337) |
(24,045) |
(110,296) |
(62,805) |
| Interest expense |
(7,218) |
(3,946) |
(21,303) |
(12,034) |
| Foreign currency gain (loss) |
(951) |
(4,063) |
(2,985) |
(1,827) |
| Life Settlement Contracts, Fair Value Method, Unrealized Gain (Loss) |
|
|
5,302 |
48,346 |
| Gain on Purchase of Business |
0 |
5,850 |
0 |
5,850 |
| Gain on life settlement contracts |
3,251 |
6,822 |
5,302 |
48,346 |
| Provision for income taxes |
(13,187) |
(14,297) |
(36,106) |
(30,623) |
| Equity in earnings (loss) of unconsolidated subsidiary - related party |
3,207 |
(918) |
8,659 |
3,415 |
| Non-controlling interest |
(2,663) |
(3,016) |
(3,079) |
(20,911) |
| Net income attributable to Am Trust Financial Services, Inc. |
43,230 |
37,166 |
122,674 |
132,511 |
|
Small Commercial Business
|
|
|
|
|
| Segment Reporting Information [Line Items] |
|
|
|
|
| Gross written premium |
243,603 |
145,418 |
690,081 |
460,741 |
| Net written premium |
133,492 |
79,070 |
356,652 |
269,942 |
| Change in unearned premium |
(9,686) |
10,807 |
(46,950) |
(44,170) |
| Net earned premium |
123,806 |
89,877 |
309,702 |
225,772 |
| Ceding commission - primarily related party |
17,845 |
16,312 |
50,435 |
48,207 |
| Loss and loss adjustment expense |
(81,727) |
(55,721) |
(201,256) |
(142,411) |
| Acquisition costs and other underwriting expenses |
(48,317) |
(42,074) |
(133,412) |
(108,483) |
| Operating Expenses |
(130,044) |
(97,795) |
(334,668) |
(250,894) |
| Underwriting income |
11,607 |
8,394 |
25,469 |
23,085 |
| Service and fee income |
12,403 |
6,347 |
38,383 |
16,765 |
| Investment income and realized gain (loss) |
6,803 |
6,590 |
19,055 |
19,399 |
| Other expenses |
(13,660) |
(7,432) |
(38,525) |
(19,457) |
| Interest expense |
(2,288) |
(1,219) |
(7,441) |
(3,728) |
| Foreign currency gain (loss) |
0 |
0 |
0 |
0 |
| Life Settlement Contracts, Fair Value Method, Unrealized Gain (Loss) |
|
|
1,851 |
14,978 |
| Gain on Purchase of Business |
|
5,850 |
|
5,850 |
| Gain on life settlement contracts |
1,100 |
2,096 |
|
|
| Provision for income taxes |
(3,563) |
(4,918) |
(8,653) |
(9,645) |
| Equity in earnings (loss) of unconsolidated subsidiary - related party |
0 |
0 |
0 |
0 |
| Non-controlling interest |
(922) |
(928) |
(1,075) |
(6,479) |
| Net income attributable to Am Trust Financial Services, Inc. |
11,480 |
14,780 |
29,064 |
40,768 |
|
Specialty Risk and Extended Warranty
|
|
|
|
|
| Segment Reporting Information [Line Items] |
|
|
|
|
| Gross written premium |
260,415 |
256,493 |
767,114 |
749,743 |
| Net written premium |
137,106 |
149,238 |
450,526 |
438,963 |
| Change in unearned premium |
(21,371) |
(22,454) |
(57,611) |
(117,971) |
| Net earned premium |
115,735 |
126,784 |
392,915 |
320,992 |
| Ceding commission - primarily related party |
13,226 |
14,928 |
46,594 |
41,614 |
| Loss and loss adjustment expense |
(72,812) |
(83,102) |
(241,883) |
(216,579) |
| Acquisition costs and other underwriting expenses |
(36,126) |
(39,187) |
(123,249) |
(97,493) |
| Operating Expenses |
(108,938) |
(122,289) |
(365,132) |
(314,072) |
| Underwriting income |
20,023 |
19,423 |
74,377 |
48,534 |
| Service and fee income |
23,605 |
18,413 |
57,252 |
49,823 |
| Investment income and realized gain (loss) |
7,519 |
4,956 |
20,683 |
14,962 |
| Other expenses |
(14,713) |
(9,857) |
(42,826) |
(29,366) |
| Interest expense |
(2,444) |
(1,556) |
(8,271) |
(5,627) |
| Foreign currency gain (loss) |
(951) |
(4,063) |
(2,985) |
(1,827) |
| Life Settlement Contracts, Fair Value Method, Unrealized Gain (Loss) |
|
|
2,059 |
22,605 |
| Gain on Purchase of Business |
|
0 |
|
0 |
| Gain on life settlement contracts |
1,211 |
1,705 |
|
|
| Provision for income taxes |
(7,646) |
(7,666) |
(22,372) |
(16,802) |
| Equity in earnings (loss) of unconsolidated subsidiary - related party |
0 |
0 |
0 |
0 |
| Non-controlling interest |
(1,024) |
(770) |
(1,196) |
(9,777) |
| Net income attributable to Am Trust Financial Services, Inc. |
25,580 |
20,585 |
76,721 |
72,525 |
|
Specialty Program
|
|
|
|
|
| Segment Reporting Information [Line Items] |
|
|
|
|
| Gross written premium |
202,280 |
132,621 |
428,796 |
275,951 |
| Net written premium |
182,803 |
66,905 |
338,157 |
145,422 |
| Change in unearned premium |
(63,560) |
(19,958) |
(88,385) |
(27,567) |
| Net earned premium |
119,243 |
46,947 |
249,772 |
117,855 |
| Ceding commission - primarily related party |
18,789 |
9,492 |
43,655 |
22,009 |
| Loss and loss adjustment expense |
(82,619) |
(30,376) |
(170,639) |
(78,443) |
| Acquisition costs and other underwriting expenses |
(50,551) |
(23,806) |
(115,475) |
(54,432) |
| Operating Expenses |
(133,170) |
(54,182) |
(286,114) |
(132,875) |
| Underwriting income |
4,862 |
2,257 |
7,313 |
6,989 |
| Service and fee income |
1,294 |
5 |
1,313 |
10 |
| Investment income and realized gain (loss) |
5,624 |
2,997 |
11,432 |
7,502 |
| Other expenses |
(11,771) |
(6,386) |
(23,938) |
(11,549) |
| Interest expense |
(2,102) |
(1,136) |
(4,624) |
(2,213) |
| Foreign currency gain (loss) |
0 |
0 |
0 |
0 |
| Life Settlement Contracts, Fair Value Method, Unrealized Gain (Loss) |
|
|
1,151 |
8,890 |
| Gain on Purchase of Business |
|
0 |
|
0 |
| Gain on life settlement contracts |
784 |
3,358 |
|
|
| Provision for income taxes |
292 |
(519) |
1,640 |
(1,632) |
| Equity in earnings (loss) of unconsolidated subsidiary - related party |
0 |
0 |
0 |
0 |
| Non-controlling interest |
(594) |
(1,461) |
(668) |
(3,845) |
| Net income attributable to Am Trust Financial Services, Inc. |
(1,611) |
(885) |
(6,381) |
4,152 |
|
Personal Lines Reinsurance
|
|
|
|
|
| Segment Reporting Information [Line Items] |
|
|
|
|
| Gross written premium |
30,258 |
26,690 |
89,690 |
77,276 |
| Net written premium |
30,258 |
26,690 |
89,690 |
77,276 |
| Change in unearned premium |
(1,595) |
(1,450) |
(6,614) |
(4,427) |
| Net earned premium |
28,663 |
25,240 |
83,076 |
72,849 |
| Ceding commission - primarily related party |
0 |
0 |
0 |
0 |
| Loss and loss adjustment expense |
(18,488) |
(16,153) |
(53,584) |
(46,623) |
| Acquisition costs and other underwriting expenses |
(8,742) |
(8,203) |
(25,338) |
(23,676) |
| Operating Expenses |
(27,230) |
(24,356) |
(78,922) |
(70,299) |
| Underwriting income |
1,433 |
884 |
4,154 |
2,550 |
| Service and fee income |
0 |
0 |
0 |
0 |
| Investment income and realized gain (loss) |
696 |
463 |
1,889 |
1,533 |
| Other expenses |
(2,193) |
(370) |
(5,007) |
(2,433) |
| Interest expense |
(384) |
(35) |
(967) |
(466) |
| Foreign currency gain (loss) |
0 |
0 |
0 |
0 |
| Life Settlement Contracts, Fair Value Method, Unrealized Gain (Loss) |
|
|
241 |
1,873 |
| Gain on Purchase of Business |
|
0 |
|
0 |
| Gain on life settlement contracts |
156 |
(337) |
|
|
| Provision for income taxes |
66 |
(198) |
(69) |
(518) |
| Equity in earnings (loss) of unconsolidated subsidiary - related party |
0 |
0 |
0 |
0 |
| Non-controlling interest |
(123) |
143 |
(140) |
(810) |
| Net income attributable to Am Trust Financial Services, Inc. |
(349) |
550 |
101 |
1,729 |
|
Corporate and Other
|
|
|
|
|
| Segment Reporting Information [Line Items] |
|
|
|
|
| Underwriting income |
0 |
0 |
0 |
0 |
| Service and fee income |
7,259 |
4,050 |
21,162 |
11,948 |
| Investment income and realized gain (loss) |
0 |
0 |
0 |
0 |
| Other expenses |
0 |
0 |
0 |
0 |
| Interest expense |
0 |
0 |
0 |
0 |
| Foreign currency gain (loss) |
0 |
0 |
0 |
0 |
| Life Settlement Contracts, Fair Value Method, Unrealized Gain (Loss) |
|
|
0 |
0 |
| Gain on Purchase of Business |
|
0 |
|
0 |
| Gain on life settlement contracts |
0 |
0 |
|
|
| Provision for income taxes |
(2,336) |
(996) |
(6,652) |
(2,026) |
| Equity in earnings (loss) of unconsolidated subsidiary - related party |
3,207 |
(918) |
8,659 |
3,415 |
| Non-controlling interest |
0 |
0 |
0 |
0 |
| Net income attributable to Am Trust Financial Services, Inc. |
$ 8,130 |
$ 2,136 |
$ 23,169 |
$ 13,337 |