$GBLI
Global Indemnity Group, LLC Stock $gbli

$gbli Overview Financials Valuation SEC Filings Company Website

2012 Q2 Form 10-Q Financial Statement

#000119312512346428 Filed on August 09, 2012

Income Statement

Concept	2012 Q2	2011 Q2
Revenue	$70.83M	$100.7M
YoY Change	-29.69%	6.16%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$500.0K	$500.0K
YoY Change	0.0%	-28.57%
% of Gross Profit
Operating Expenses	$62.30M	$96.70M
YoY Change	-35.57%	44.98%
Operating Profit
YoY Change
Interest Expense	$1.470M	$1.743M
YoY Change	-15.66%	-196.83%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income	$7.107M	$2.262M
YoY Change	214.19%	-91.3%
Income Tax	-$2.497M	-$2.022M
% Of Pretax Income	-35.13%	-89.39%
Net Earnings	$9.604M	$4.284M
YoY Change	124.18%	-82.51%
Net Earnings / Revenue	13.56%	4.25%
Basic Earnings Per Share	$0.35	$0.14
Diluted Earnings Per Share	$0.35	$0.14
COMMON SHARES
Basic Shares Outstanding	27.83M shares	30.32M shares
Diluted Shares Outstanding	27.84M shares	30.37M shares

Balance Sheet

Concept	2012 Q2	2011 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents	$77.12M	$106.3M
Short-Term Investments
Other Short-Term Assets	$6.600M	$8.800M
YoY Change	-25.0%	-24.79%
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets	$16.40M	$8.800M
YoY Change	86.36%	-43.23%
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill	$4.820M
YoY Change
Intangibles	$18.52M
YoY Change
Long-Term Investments	$1.496B	$1.628B
YoY Change	-8.13%	3.14%
Other Assets	$9.900M	$9.400M
YoY Change	5.32%	-41.61%
Total Long-Term Assets	$1.975B	$2.226B
YoY Change	-11.28%	-4.89%
TOTAL ASSETS
Total Short-Term Assets	$16.40M	$8.800M
Total Long-Term Assets	$1.975B	$2.226B
Total Assets	$1.992B	$2.235B
YoY Change	-10.89%	-5.14%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$9.600M	$6.100M
YoY Change	57.38%	-32.22%
LONG-TERM LIABILITIES
Long-Term Debt	$102.9M	$121.1M
YoY Change	-15.03%	-0.25%
Other Long-Term Liabilities	$31.80M	$37.80M
YoY Change	-15.87%	0.27%
Total Long-Term Liabilities	$134.7M	$158.9M
YoY Change	-15.23%	-0.13%
TOTAL LIABILITIES
Total Short-Term Liabilities	$9.600M	$6.100M
Total Long-Term Liabilities	$134.7M	$158.9M
Total Liabilities	$1.196B	$1.295B
YoY Change	-7.64%	-12.7%
SHAREHOLDERS EQUITY
Retained Earnings	$327.9M
YoY Change
Common Stock	$519.1M
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)	$101.2M
YoY Change
Treasury Stock Shares
Shareholders Equity	$795.2M	$943.2M
YoY Change
Total Liabilities & Shareholders Equity	$1.992B	$2.239B
YoY Change	-11.03%	-4.99%

Cashflow Statement

Concept	2012 Q2	2011 Q2
OPERATING ACTIVITIES
Net Income	$9.604M	$4.284M
YoY Change	124.18%	-82.51%
Depreciation, Depletion And Amortization	$500.0K	$500.0K
YoY Change	0.0%	-28.57%
Cash From Operating Activities	-$4.600M	-$700.0K
YoY Change	557.14%	-83.33%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities	$47.30M	-$900.0K
YoY Change	-5355.56%	-47.06%
Cash From Investing Activities	$47.30M	-$900.0K
YoY Change	-5355.56%	-47.06%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-66.00M	-100.0K
YoY Change	65900.0%	0.0%
NET CHANGE
Cash From Operating Activities	-4.600M	-700.0K
Cash From Investing Activities	47.30M	-900.0K
Cash From Financing Activities	-66.00M	-100.0K
Net Change In Cash	-23.30M	-1.700M
YoY Change	1270.59%	-71.67%
FREE CASH FLOW
Cash From Operating Activities	-$4.600M	-$700.0K
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2012Q2	gbli	Stock Repurchase Program Number Of Shares Purchased StockRepurchaseProgramNumberOfSharesPurchased	2913464	shares
CY2011Q1	us-gaap	Liability For Unpaid Claims And Claims Adjustment Expense Net LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseNet	659242000
CY2011Q1	us-gaap	Other Than Temporary Impairment Credit Losses Recognized In Earnings Credit Losses On Debt Securities Held OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld	86000
CY2011Q1	gbli	Ceded Reinsurance Receivables CededReinsuranceReceivables	375846000
CY2011Q2	us-gaap	Assets Assets	2235099000
CY2011Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	106344000
CY2011Q2	us-gaap	Liability For Claims And Claims Adjustment Expense Property Casualty Liability LiabilityForClaimsAndClaimsAdjustmentExpensePropertyCasualtyLiability	975196000
CY2011Q2	us-gaap	Liability For Unpaid Claims And Claims Adjustment Expense Net LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseNet	655067000
CY2011Q2	us-gaap	Other Than Temporary Impairment Credit Losses Recognized In Earnings Credit Losses On Debt Securities Held OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld	86000
CY2011Q2	gbli	Total Number Of Shares Repurchased TotalNumberOfSharesRepurchased	1565	shares
CY2011Q2	gbli	Ceded Reinsurance Receivables CededReinsuranceReceivables	320129000
CY2011Q2	gbli	Realized Gain Liquidation Of Partnership RealizedGainLiquidationOfPartnership	50000
CY2012Q1	us-gaap	Liability For Unpaid Claims And Claims Adjustment Expense Net LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseNet	681583000
CY2012Q1	us-gaap	Other Than Temporary Impairment Credit Losses Recognized In Earnings Credit Losses On Debt Securities Held OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld	141000
CY2012Q1	gbli	Ceded Reinsurance Receivables CededReinsuranceReceivables	279341000
CY2012Q2	us-gaap	Other Assets OtherAssets	18227000
CY2012Q2	us-gaap	Availableforsale Securities Continuous Unrealized Loss Position Aggregate Losses2 AvailableforsaleSecuritiesContinuousUnrealizedLossPositionAggregateLosses2	6779000
CY2012Q2	us-gaap	Restructuring Reserve RestructuringReserve	1562000
CY2012Q2	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	900000000	shares
CY2012Q2	us-gaap	Real Estate Write Down Or Reserve Amount RealEstateWriteDownOrReserveAmount	0
CY2012Q2	us-gaap	Unrecognized Tax Benefits UnrecognizedTaxBenefits	300000
CY2012Q2	us-gaap	Payables To Broker Dealers And Clearing Organizations PayablesToBrokerDealersAndClearingOrganizations	9608000
CY2012Q2	us-gaap	Available For Sale Securities Gross Unrealized Losses1 AvailableForSaleSecuritiesGrossUnrealizedLosses1	6779000
CY2012Q2	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	49441000
CY2012Q2	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	327879000
CY2012Q2	us-gaap	Assets Assets	1991623000
CY2012Q2	us-gaap	Availableforsale Securities Gross Unrealized Gain AvailableforsaleSecuritiesGrossUnrealizedGain	72403000
CY2012Q2	us-gaap	Available For Sale Securities Continuous Unrealized Loss Position Twelve Months Or Longer Fair Value AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue	24600000
CY2012Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	77124000
CY2012Q2	us-gaap	Income Tax Receivable IncomeTaxReceivable	9762000
CY2012Q2	us-gaap	Other Long Term Investments OtherLongTermInvestments	8590000
CY2012Q2	us-gaap	Availableforsale Securities Continuous Unrealized Loss Position12 Months Or Longer Aggregate Losses2 AvailableforsaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLosses2	1713000
CY2012Q2	us-gaap	Deferred Tax Assets Net DeferredTaxAssetsNet	9923000
CY2012Q2	us-gaap	Premiums Receivable At Carrying Value PremiumsReceivableAtCarryingValue	52696000
CY2012Q2	us-gaap	Reinsurance Recoverables ReinsuranceRecoverables	278095000
CY2012Q2	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	1991623000
CY2012Q2	us-gaap	Deferred Policy Acquisition Costs DeferredPolicyAcquisitionCosts	20187000
CY2012Q2	us-gaap	Common Stock Value CommonStockValue	3000
CY2012Q2	us-gaap	Goodwill Goodwill	4820000
CY2012Q2	us-gaap	Available For Sale Securities Amortized Cost AvailableForSaleSecuritiesAmortizedCost	1430024000
CY2012Q2	us-gaap	Liability For Claims And Claims Adjustment Expense Property Casualty Liability LiabilityForClaimsAndClaimsAdjustmentExpensePropertyCasualtyLiability	941283000
CY2012Q2	us-gaap	Liabilities Liabilities	1196434000
CY2012Q2	us-gaap	Investments Investments	1495648000
CY2012Q2	us-gaap	Long Term Debt LongTermDebt	102929000
CY2012Q2	us-gaap	Other Liabilities OtherLiabilities	25546000
CY2012Q2	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	18520000
CY2012Q2	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Two LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo	18000000
CY2012Q2	us-gaap	Liability For Unpaid Claims And Claims Adjustment Expense Net LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseNet	667105000
CY2012Q2	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Three LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree	18000000
CY2012Q2	us-gaap	Availableforsale Securities Continuous Unrealized Loss Position Less Than12 Months Aggregate Losses2 AvailableforsaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLosses2	5066000
CY2012Q2	us-gaap	Income Tax Examination Penalties And Interest Accrued IncomeTaxExaminationPenaltiesAndInterestAccrued	30000
CY2012Q2	us-gaap	Available For Sale Securities Continuous Unrealized Loss Position Fair Value AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue	203540000
CY2012Q2	us-gaap	Treasury Stock Value TreasuryStockValue	101199000
CY2012Q2	us-gaap	Unearned Premiums UnearnedPremiums	103194000
CY2012Q2	us-gaap	Available For Sale Securities Fair Value Disclosure AvailableForSaleSecuritiesFairValueDisclosure	1495648000
CY2012Q2	us-gaap	Available For Sale Securities Continuous Unrealized Loss Position Less Than Twelve Months Fair Value AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue	178940000
CY2012Q2	us-gaap	Long Term Debt Maturities Repayments Of Principal In Next Twelve Months LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths	18000000
CY2012Q2	us-gaap	Available For Sale Equity Securities Amortized Cost Basis AvailableForSaleEquitySecuritiesAmortizedCostBasis	160262000
CY2012Q2	us-gaap	Junior Subordinated Debenture Owed To Unconsolidated Subsidiary Trust JuniorSubordinatedDebentureOwedToUnconsolidatedSubsidiaryTrust	30900000
CY2012Q2	us-gaap	Reinsurance Payable ReinsurancePayable	7643000
CY2012Q2	us-gaap	Tax Credit Carryforward Amount TaxCreditCarryforwardAmount	6000000
CY2012Q2	us-gaap	Commitments And Contingencies CommitmentsAndContingencies
CY2012Q2	us-gaap	Available For Sale Securities Debt Maturities Amortized Cost AvailableForSaleSecuritiesDebtMaturitiesAmortizedCost	1265606000
CY2012Q2	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Four LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour	18000000
CY2012Q2	us-gaap	Available For Sale Securities Debt Securities AvailableForSaleSecuritiesDebtSecurities	1306788000
CY2012Q2	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.0001
CY2012Q2	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	519065000
CY2012Q2	us-gaap	Stockholders Equity StockholdersEquity	795189000
CY2012Q2	us-gaap	Prepaid Reinsurance Premiums PrepaidReinsurancePremiums	6621000
CY2012Q2	us-gaap	Other Than Temporary Impairment Credit Losses Recognized In Earnings Credit Losses On Debt Securities Held OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld	86000
CY2012Q2	us-gaap	Available For Sale Securities Equity Securities AvailableForSaleSecuritiesEquitySecurities	180270000
CY2012Q2	gbli	Fair Value Of Securities On Deposit With Various Regulatory Authorities FairValueOfSecuritiesOnDepositWithVariousRegulatoryAuthorities	688727000
CY2012Q2	gbli	Total Number Of Shares Repurchased TotalNumberOfSharesRepurchased	2968378	shares
CY2012Q2	gbli	Municipal Bonds Ratings Without Insurance MunicipalBondsRatingsWithoutInsurance	20582000
CY2012Q2	gbli	Municipal Bonds Ratings With Insurance MunicipalBondsRatingsWithInsurance	20582000
CY2012Q2	gbli	Investment In Insurance Enhanced Municipal Bonds InvestmentInInsuranceEnhancedMunicipalBonds	68428000
CY2012Q2	gbli	Reinsurance Receivable Net Of Collateral ReinsuranceReceivableNetOfCollateral	114089000
CY2012Q2	gbli	Collateral Securing Reinsurance Receivables CollateralSecuringReinsuranceReceivables	164006000
CY2012Q2	gbli	Contingent Commission ContingentCommission	6231000
CY2012Q2	gbli	Other Long Term Investments At Cost OtherLongTermInvestmentsAtCost	4156000
CY2012Q2	gbli	Floating Rate Capital Securities Issued FloatingRateCapitalSecuritiesIssued	30000000
CY2012Q2	gbli	Floating Rate Common Stock Issued FloatingRateCommonStockIssued	900000
CY2012Q2	gbli	Debt Or Equity Investment In Single Issuer As Percentage Of Shareholders Equity DebtOrEquityInvestmentInSingleIssuerAsPercentageOfShareholdersEquity	0.04	pure
CY2012Q2	gbli	Deferred Federal Income Taxes On Available For Sale Securities DeferredFederalIncomeTaxesOnAvailableForSaleSecurities	16183000
CY2012Q2	gbli	Ceded Reinsurance Receivables CededReinsuranceReceivables	274178000
CY2012Q2	gbli	Principle Amount Of Guaranteed Senior Notes PrincipleAmountOfGuaranteedSeniorNotes	90000000
CY2012Q2	gbli	Accumulated Other Comprehensive Income Loss Other Than Temporary Impairment Not Credit Loss Before Tax Available For Sale Debt Securities AccumulatedOtherComprehensiveIncomeLossOtherThanTemporaryImpairmentNotCreditLossBeforeTaxAvailableForSaleDebtSecurities	-37000
CY2010Q4	us-gaap	Restructuring Reserve RestructuringReserve	3153000
CY2010Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	119888000
CY2010Q4	us-gaap	Equity Method Investments Fair Value Disclosure EquityMethodInvestmentsFairValueDisclosure	1100000
CY2010Q4	us-gaap	Liability For Unpaid Claims And Claims Adjustment Expense Net LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseNet	645548000
CY2010Q4	us-gaap	Other Than Temporary Impairment Credit Losses Recognized In Earnings Credit Losses On Debt Securities Held OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld	115000
CY2010Q4	gbli	Ceded Reinsurance Receivables CededReinsuranceReceivables	407195000
CY2011Q4	us-gaap	Other Assets OtherAssets	19371000
CY2011Q4	us-gaap	Availableforsale Securities Continuous Unrealized Loss Position Aggregate Losses2 AvailableforsaleSecuritiesContinuousUnrealizedLossPositionAggregateLosses2	10727000
CY2011Q4	us-gaap	Restructuring Reserve RestructuringReserve	2613000
CY2011Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	900000000	shares
CY2011Q4	us-gaap	Unrecognized Tax Benefits UnrecognizedTaxBenefits	300000
CY2011Q4	us-gaap	Available For Sale Securities Gross Unrealized Losses1 AvailableForSaleSecuritiesGrossUnrealizedLosses1	10727000
CY2011Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	40174000
CY2011Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	307413000
CY2011Q4	us-gaap	Assets Assets	2072916000
CY2011Q4	us-gaap	Availableforsale Securities Gross Unrealized Gain AvailableforsaleSecuritiesGrossUnrealizedGain	64517000
CY2011Q4	us-gaap	Available For Sale Securities Continuous Unrealized Loss Position Twelve Months Or Longer Fair Value AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue	25859000
CY2011Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	175860000
CY2011Q4	us-gaap	Income Tax Receivable IncomeTaxReceivable	2223000
CY2011Q4	us-gaap	Other Long Term Investments OtherLongTermInvestments	6617000
CY2011Q4	us-gaap	Availableforsale Securities Continuous Unrealized Loss Position12 Months Or Longer Aggregate Losses2 AvailableforsaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLosses2	603000
CY2011Q4	us-gaap	Deferred Tax Assets Net DeferredTaxAssetsNet	14642000
CY2011Q4	us-gaap	Premiums Receivable At Carrying Value PremiumsReceivableAtCarryingValue	47844000
CY2011Q4	us-gaap	Reinsurance Recoverables ReinsuranceRecoverables	287986000
CY2011Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	2072916000
CY2011Q4	us-gaap	Deferred Policy Acquisition Costs DeferredPolicyAcquisitionCosts	21564000
CY2011Q4	us-gaap	Common Stock Value CommonStockValue	3000
CY2011Q4	us-gaap	Goodwill Goodwill	4820000
CY2011Q4	us-gaap	Available For Sale Securities Amortized Cost AvailableForSaleSecuritiesAmortizedCost	1418073000
CY2011Q4	us-gaap	Liability For Claims And Claims Adjustment Expense Property Casualty Liability LiabilityForClaimsAndClaimsAdjustmentExpensePropertyCasualtyLiability	971377000
CY2011Q4	us-gaap	Liabilities Liabilities	1233853000
CY2011Q4	us-gaap	Investments Investments	1471863000
CY2011Q4	us-gaap	Long Term Debt LongTermDebt	103000000
CY2011Q4	us-gaap	Other Liabilities OtherLiabilities	29075000
CY2011Q4	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	18704000
CY2011Q4	us-gaap	Liability For Unpaid Claims And Claims Adjustment Expense Net LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseNet	687725000
CY2011Q4	us-gaap	Availableforsale Securities Continuous Unrealized Loss Position Less Than12 Months Aggregate Losses2 AvailableforsaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLosses2	10124000
CY2011Q4	us-gaap	Available For Sale Securities Continuous Unrealized Loss Position Fair Value AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue	220455000
CY2011Q4	us-gaap	Treasury Stock Value TreasuryStockValue	130444000
CY2011Q4	us-gaap	Available For Sale Equity Securities Amortized Cost Basis AvailableForSaleEquitySecuritiesAmortizedCostBasis	155390000
CY2011Q4	us-gaap	Reinsurance Payable ReinsurancePayable	8887000
CY2011Q4	us-gaap	Tax Credit Carryforward Amount TaxCreditCarryforwardAmount	6000000
CY2011Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies
CY2011Q4	us-gaap	Available For Sale Securities Debt Maturities Amortized Cost AvailableForSaleSecuritiesDebtMaturitiesAmortizedCost	1258533000
CY2011Q4	us-gaap	Available For Sale Securities Debt Securities AvailableForSaleSecuritiesDebtSecurities	1296885000
CY2011Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.0001
CY2011Q4	us-gaap	Unearned Premiums UnearnedPremiums	114041000
CY2011Q4	us-gaap	Available For Sale Securities Fair Value Disclosure AvailableForSaleSecuritiesFairValueDisclosure	1471863000
CY2011Q4	us-gaap	Available For Sale Securities Continuous Unrealized Loss Position Less Than Twelve Months Fair Value AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue	194596000
CY2011Q4	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	621917000
CY2011Q4	us-gaap	Stockholders Equity StockholdersEquity	839063000
CY2011Q4	us-gaap	Prepaid Reinsurance Premiums PrepaidReinsurancePremiums	6555000
CY2011Q4	us-gaap	Other Than Temporary Impairment Credit Losses Recognized In Earnings Credit Losses On Debt Securities Held OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld	86000
CY2011Q4	us-gaap	Available For Sale Securities Equity Securities AvailableForSaleSecuritiesEquitySecurities	168361000
CY2011Q4	gbli	Fair Value Of Securities On Deposit With Various Regulatory Authorities FairValueOfSecuritiesOnDepositWithVariousRegulatoryAuthorities	677762000
CY2011Q4	gbli	Receivable For Securities Sold ReceivableForSecuritiesSold	1484000
CY2011Q4	gbli	Reinsurance Receivable Net Of Collateral ReinsuranceReceivableNetOfCollateral	118984000
CY2011Q4	gbli	Collateral Securing Reinsurance Receivables CollateralSecuringReinsuranceReceivables	169002000
CY2011Q4	gbli	Contingent Commission ContingentCommission	7473000
CY2011Q4	gbli	Other Long Term Investments At Cost OtherLongTermInvestmentsAtCost	4150000
CY2011Q4	gbli	Deferred Federal Income Taxes On Available For Sale Securities DeferredFederalIncomeTaxesOnAvailableForSaleSecurities	13616000
CY2011Q4	gbli	Ceded Reinsurance Receivables CededReinsuranceReceivables	283652000
CY2011Q4	gbli	Accumulated Other Comprehensive Income Loss Other Than Temporary Impairment Not Credit Loss Before Tax Available For Sale Debt Securities AccumulatedOtherComprehensiveIncomeLossOtherThanTemporaryImpairmentNotCreditLossBeforeTaxAvailableForSaleDebtSecurities	-179000
	us-gaap	Liability For Unpaid Claims And Claims Adjustment Expense Claims Paid Prior Years LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseClaimsPaidPriorYears	83555000
	us-gaap	Increase Decrease In Premiums Receivable IncreaseDecreaseInPremiumsReceivable	11824000
	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	143000
	us-gaap	Payments To Acquire Available For Sale Securities Debt PaymentsToAcquireAvailableForSaleSecuritiesDebt	504088000
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-19600000
	us-gaap	Investment Income Interest And Dividend InvestmentIncomeInterestAndDividend	30655000
	us-gaap	Premiums Written Net PremiumsWrittenNet	169515000
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	30311658	shares
	us-gaap	Other Than Temporary Impairment Losses Investments Portion Recognized In Earnings Net Availableforsale Securities OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNetAvailableforsaleSecurities	-1906000
	us-gaap	Increase Decrease In Reinsurance Recoverable IncreaseDecreaseInReinsuranceRecoverable	-90602000
	us-gaap	Liability For Unpaid Claims And Claims Adjustment Expense Claims Paid Current Year LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseClaimsPaidCurrentYear	27021000
	us-gaap	Increase Decrease In Unearned Premiums IncreaseDecreaseInUnearnedPremiums	13232000
	us-gaap	Increase Decrease In Other Operating Capital Net IncreaseDecreaseInOtherOperatingCapitalNet	-214000
	us-gaap	Other Income OtherIncome	12167000
	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.229	pure
	us-gaap	Increase Decrease In Prepaid Reinsurance Premiums IncreaseDecreaseInPrepaidReinsurancePremiums	-2262000
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	24043000
	us-gaap	Premiums Earned Net PremiumsEarnedNet	154024000
	us-gaap	Marketable Securities Realized Gain Loss Other Than Temporary Impairments Amount MarketableSecuritiesRealizedGainLossOtherThanTemporaryImpairmentsAmount	1906000
	us-gaap	Share Based Compensation ShareBasedCompensation	1132000
	us-gaap	Depreciation And Amortization DepreciationAndAmortization	1041000
	us-gaap	Increase Decrease In Deferred Policy Acquisition Costs IncreaseDecreaseInDeferredPolicyAcquisitionCosts	3990000
	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	-13544000
	us-gaap	Other Than Temporary Impairment Credit Losses Recognized In Earnings Reductions Securities Sold OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsSecuritiesSold	29000
	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-4572000
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.61
	us-gaap	Payments To Acquire Available For Sale Securities Equity PaymentsToAcquireAvailableForSaleSecuritiesEquity	47923000
	us-gaap	Accretion Amortization Of Discounts And Premiums Investments AccretionAmortizationOfDiscountsAndPremiumsInvestments	-2321000
	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	-101000
	us-gaap	Net Income Loss NetIncomeLoss	18594000
	us-gaap	Net Investment Income NetInvestmentIncome	28344000
	us-gaap	Liability For Unpaid Claims And Claims Adjustment Expense Claims Paid LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseClaimsPaid	110576000
	us-gaap	Investment Income Investment Expense InvestmentIncomeInvestmentExpense	2311000
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.61
	us-gaap	Liability For Unpaid Claims And Claims Adjustment Expense Incurred Claims Prior Years LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseIncurredClaimsPriorYears	10643000
	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	167000
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	30349985	shares
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-416000
	us-gaap	Marketable Securities Realized Gain Loss MarketableSecuritiesRealizedGainLoss	20383000
	us-gaap	Other Than Temporary Impairment Losses Investments Portion In Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	10000
	us-gaap	Gain Loss On Sale Of Securities Net GainLossOnSaleOfSecuritiesNet	22289000
	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	14022000
	us-gaap	Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities	31670000
	us-gaap	Segment Reporting Information Revenue SegmentReportingInformationRevenue	166191000
	us-gaap	Revenues Revenues	214918000
	us-gaap	Proceeds From Sale Of Available For Sale Securities Equity ProceedsFromSaleOfAvailableForSaleSecuritiesEquity	50055000
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	5502000
	us-gaap	Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax	10403000
	us-gaap	Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable	1505000
	us-gaap	Increase Decrease In Reinsurance Payables IncreaseDecreaseInReinsurancePayables	-6258000
	us-gaap	Other Than Temporary Impairment Credit Losses Recognized In Earnings Reductions Cash Flows OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsCashFlows
	us-gaap	Excess Tax Benefit From Share Based Compensation Financing Activities ExcessTaxBenefitFromShareBasedCompensationFinancingActivities	-106000
	us-gaap	Increase Decrease In Property And Casualty Insurance Liabilities IncreaseDecreaseInPropertyAndCasualtyInsuranceLiabilities	-77547000
	us-gaap	Proceeds From Sale Of Other Assets ProceedsFromSaleOfOtherAssets	1348000
	us-gaap	Proceeds From Sale Of Available For Sale Securities Debt ProceedsFromSaleOfAvailableForSaleSecuritiesDebt	459364000
	us-gaap	Payments To Acquire Other Investments PaymentsToAcquireOtherInvestments	10026000
	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	308139	shares
	us-gaap	Incurred Claims Property Casualty And Liability IncurredClaimsPropertyCasualtyAndLiability	120095000
	us-gaap	Interest Expense InterestExpense	3495000
	us-gaap	Other Than Temporary Impairment Credit Losses Recognized In Earnings Additions Additional Credit Losses OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsAdditionsAdditionalCreditLosses
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	6472000
	us-gaap	Other Than Temporary Impairment Credit Losses Recognized In Earnings Reductions Change In Status OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsChangeInStatus
	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment For Sale Of Securities Included In Net Income Net Of Tax OtherComprehensiveIncomeLossReclassificationAdjustmentForSaleOfSecuritiesIncludedInNetIncomeNetOfTax	-14965000
	us-gaap	Liability For Unpaid Claims And Claims Adjustment Expense Incurred Claims Current Year LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseIncurredClaimsCurrentYear	-130738000
	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	41000
	gbli	Fair Value Transfers Between Level1 And Level2 Amount FairValueTransfersBetweenLevel1AndLevel2Amount	0
	gbli	Corporate And Other Operating Expenses CorporateAndOtherOperatingExpenses	7802000
	gbli	Average Investment Portfolio AverageInvestmentPortfolio	1721125000
	gbli	Acquisition Costs And Other Underwriting Expenses AcquisitionCostsAndOtherUnderwritingExpenses	59483000
	gbli	Gross Written Premiums GrossWrittenPremiums	182628000
	gbli	Income Before Equity In Net Income Loss Of Partnerships IncomeBeforeEquityInNetIncomeLossOfPartnerships	18541000
	gbli	Equity In Net Income Loss Of Partnerships Net Of Taxes EquityInNetIncomeLossOfPartnershipsNetOfTaxes	53000
	gbli	Other Than Temporary Impairments On Common Stock OtherThanTemporaryImpairmentsOnCommonStock	-1906000
	gbli	Net Change In Unrealized Gains Losses On Investments NetChangeInUnrealizedGainsLossesOnInvestments	-6794000
	gbli	Total Unrealized And Realized Investment Gains Losses TotalUnrealizedAndRealizedInvestmentGainsLosses	13642000
	gbli	Total Return On Investments TotalReturnOnInvestments	41986000
	gbli	Percentage Of Investment Return PercentageOfInvestmentReturn	0.024	pure
	gbli	Income Tax Reconciliation Income Tax Expense Benefit At Weighted Average Tax Rate IncomeTaxReconciliationIncomeTaxExpenseBenefitAtWeightedAverageTaxRate	6834000
	gbli	Effective Income Tax Rate Reconciliation Apb28 Adjustment EffectiveIncomeTaxRateReconciliationAPB28Adjustment		pure
	gbli	Effective Income Tax Rate Reconciliation At Weighted Average Tax Rate EffectiveIncomeTaxRateReconciliationAtWeightedAverageTaxRate	0.284	pure
	gbli	Equity In Net Income Loss Of Partnerships EquityInNetIncomeLossOfPartnerships	53000
	gbli	Income Tax Reconciliation Deductions Dividends Based On Weighted Average IncomeTaxReconciliationDeductionsDividendsBasedOnWeightedAverage	367000
	gbli	Income Tax Reconciliation Other Adjustments Based On Weighted Average IncomeTaxReconciliationOtherAdjustmentsBasedOnWeightedAverage	55000
	gbli	Adjustments To Prior Accident Year Loss Reserves AdjustmentsToPriorAccidentYearLossReserves	-10600000
	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q2
	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2012
	dei	Document Type DocumentType	10-Q
	gbli	Changes In Contingent Commissions ChangesInContingentCommissions	-4316000
	gbli	Income Loss From Segments IncomeLossFromSegments	-13387000
	gbli	Liability For Claims And Claims Adjustments Expense Property Casualty Liability LiabilityForClaimsAndClaimsAdjustmentsExpensePropertyCasualtyLiability	1052743000
	gbli	Income Tax Reconciliation Tax Exempt Income Based On Weighted Average IncomeTaxReconciliationTaxExemptIncomeBasedOnWeightedAverage	1020000
	gbli	Effective Income Tax Rate Reconciliation Tax Exempt Income Based On Weighted Average EffectiveIncomeTaxRateReconciliationTaxExemptIncomeBasedOnWeightedAverage	-0.042	pure
	gbli	Effective Income Tax Rate Reconciliation Deductions Dividends Based On Weighted Average EffectiveIncomeTaxRateReconciliationDeductionsDividendsBasedOnWeightedAverage	-0.015	pure
	gbli	Effective Income Tax Rate Reconciliation Other Adjustments Based On Weighted Average EffectiveIncomeTaxRateReconciliationOtherAdjustmentsBasedOnWeightedAverage	0.002	pure
	dei	Entity Incorporation State Country Name EntityIncorporationStateCountryName	Ireland
	dei	Document Period End Date DocumentPeriodEndDate	2012-06-30
	dei	Entity Incorporation Date Of Incorporation EntityIncorporationDateOfIncorporation	2010-03-09
	dei	Entity Central Index Key EntityCentralIndexKey	0001494904
	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
	dei	Trading Symbol TradingSymbol	gbli
	dei	Entity Accounting Standard EntityAccountingStandard	The interim consolidated financial statements are unaudited, but have been prepared in conformity with accounting principles generally accepted in the United States of America ("GAAP")
	dei	Entity Registrant Name EntityRegistrantName	Global Indemnity plc
	dei	Amendment Flag AmendmentFlag	false
	dei	Entity Filer Category EntityFilerCategory	Accelerated Filer
	dei	Entity Listing Description EntityListingDescription	A ordinary shares
	us-gaap	Liability For Unpaid Claims And Claims Adjustment Expense Claims Paid Prior Years LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseClaimsPaidPriorYears	79534000
	us-gaap	Increase Decrease In Premiums Receivable IncreaseDecreaseInPremiumsReceivable	4852000
	us-gaap	Other Than Temporary Impairment Losses Investments Portion In Other Comprehensive Income Loss Before Tax Including Portion Attributable To Noncontrolling Interest Availableforsale Securities OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxIncludingPortionAttributableToNoncontrollingInterestAvailableforsaleSecurities	541000
	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	71000
	us-gaap	Payments To Acquire Available For Sale Securities Debt PaymentsToAcquireAvailableForSaleSecuritiesDebt	294711000
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-719000
	us-gaap	Investment Income Interest And Dividend InvestmentIncomeInterestAndDividend	24779000
	us-gaap	Premiums Written Net PremiumsWrittenNet	111416000
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	28223321	shares
	us-gaap	Other Than Temporary Impairment Losses Investments Portion Recognized In Earnings Net Availableforsale Securities OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNetAvailableforsaleSecurities	-3078000
	us-gaap	Increase Decrease In Reinsurance Recoverable IncreaseDecreaseInReinsuranceRecoverable	-9891000
	us-gaap	Liability For Unpaid Claims And Claims Adjustment Expense Claims Paid Current Year LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseClaimsPaidCurrentYear	19252000
	us-gaap	Increase Decrease In Unearned Premiums IncreaseDecreaseInUnearnedPremiums	-10847000
	us-gaap	Increase Decrease In Other Operating Capital Net IncreaseDecreaseInOtherOperatingCapitalNet	3165000
	us-gaap	Other Income OtherIncome	-392000
	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	-0.341	pure
	us-gaap	Increase Decrease In Prepaid Reinsurance Premiums IncreaseDecreaseInPrepaidReinsurancePremiums	66000
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	15261000
	us-gaap	Premiums Earned Net PremiumsEarnedNet	122329000
	us-gaap	Other Than Temporary Impairment Credit Losses Recognized In Earnings Additions No Previous Impairment OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsAdditionsNoPreviousImpairment	55000
	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment For Sale Of Securities Included In Net Income Net Of Tax OtherComprehensiveIncomeLossReclassificationAdjustmentForSaleOfSecuritiesIncludedInNetIncomeNetOfTax	3231000
	us-gaap	Liability For Unpaid Claims And Claims Adjustment Expense Incurred Claims Current Year LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseIncurredClaimsCurrentYear	-80285000
	us-gaap	Marketable Securities Realized Gain Loss Other Than Temporary Impairments Amount MarketableSecuritiesRealizedGainLossOtherThanTemporaryImpairmentsAmount	3619000
	us-gaap	Share Based Compensation ShareBasedCompensation	1287000
	us-gaap	Depreciation And Amortization DepreciationAndAmortization	941000
	us-gaap	Increase Decrease In Deferred Policy Acquisition Costs IncreaseDecreaseInDeferredPolicyAcquisitionCosts	-1377000
	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	-98736000
	us-gaap	Other Than Temporary Impairment Credit Losses Recognized In Earnings Reductions Securities Sold OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsSecuritiesSold	55000
	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	9267000
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.73
	us-gaap	Payments To Acquire Available For Sale Securities Equity PaymentsToAcquireAvailableForSaleSecuritiesEquity	27494000
	us-gaap	Accretion Amortization Of Discounts And Premiums Investments AccretionAmortizationOfDiscountsAndPremiumsInvestments	-3549000
	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	2111000
	us-gaap	Net Income Loss NetIncomeLoss	20466000
	us-gaap	Net Investment Income NetInvestmentIncome	22488000
	us-gaap	Liability For Unpaid Claims And Claims Adjustment Expense Claims Paid LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseClaimsPaid	98786000
	us-gaap	Investment Income Investment Expense InvestmentIncomeInvestmentExpense	2291000
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.72
	us-gaap	Liability For Unpaid Claims And Claims Adjustment Expense Incurred Claims Prior Years LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseIncurredClaimsPriorYears	2118000
	us-gaap	Schedule Of Liability For Unpaid Claims And Claims Adjustment Expense ScheduleOfLiabilityForUnpaidClaimsAndClaimsAdjustmentExpense	<div> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Times New Roman" size="2">Activity in the liability for unpaid losses and loss adjustment expenses is summarized as follows:</font></p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; FONT-SIZE: 12px">  </p> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="92%" align="center"> <tr> <td width="62%"></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="3%"></td> <td></td> <td></td> <td></td> </tr> <tr> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font size="1">  </font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" colspan="6" align="center"><font style="FONT-FAMILY: Times New Roman" size="1"><b>Quarters Ended June 30,</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" colspan="6" align="center"><font style="FONT-FAMILY: Times New Roman" size="1"><b>Six Months Ended June 30,</b></font></td> <td valign="bottom"><font size="1"> </font></td> </tr> <tr> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="1"><b>(Dollars in thousands)</b></font></td> <td valign="bottom"><font size="1">  </font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" colspan="2" align="center"><font style="FONT-FAMILY: Times New Roman" size="1"><b>2012</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" colspan="2" align="center"><font style="FONT-FAMILY: Times New Roman" size="1"><b>2011</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" colspan="2" align="center"><font style="FONT-FAMILY: Times New Roman" size="1"><b>2012</b></font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font size="1"> </font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" colspan="2" align="center"><font style="FONT-FAMILY: Times New Roman" size="1"><b>2011</b></font></td> <td valign="bottom"><font size="1"> </font></td> </tr> <tr> <td height="8"></td> <td height="8" colspan="4"></td> <td height="8" colspan="4"></td> <td height="8" colspan="4"></td> <td height="8" colspan="4"></td> </tr> <tr bgcolor="#CCEEFF"> <td valign="top"> <p style="TEXT-INDENT: -1em; MARGIN-LEFT: 1em"><font style="FONT-FAMILY: Times New Roman" size="2">Balance at beginning of period</font></p> </td> <td valign="bottom"><font size="1">  </font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">960,924</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">  </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">1,035,088</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">  </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">971,377</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">  </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">1,052,743</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">  </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1em; MARGIN-LEFT: 1em"><font style="FONT-FAMILY: Times New Roman" size="2">Less: Ceded reinsurance receivables</font></p> </td> <td valign="bottom"><font size="1">  </font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">279,341</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">  </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">375,846</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">  </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">283,652</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">  </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">407,195</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">  </font></td> </tr> <tr style="FONT-SIZE: 1px"> <td valign="bottom"></td> <td valign="bottom">  </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid"> </p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid"> </p> </td> <td> </td> <td valign="bottom"> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid"> </p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid"> </p> </td> <td> </td> <td valign="bottom"> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid"> </p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid"> </p> </td> <td> </td> <td valign="bottom"> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid"> </p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid"> </p> </td> <td> </td> </tr> <tr bgcolor="#CCEEFF"> <td valign="top"> <p style="TEXT-INDENT: -1em; MARGIN-LEFT: 3em"><font style="FONT-FAMILY: Times New Roman" size="2">Net balance at beginning of period</font></p> </td> <td valign="bottom"><font size="1">  </font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">681,583</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">  </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">659,242</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">  </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">687,725</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">  </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">645,548</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">  </font></td> </tr> <tr> <td height="8"></td> <td height="8" colspan="4"></td> <td height="8" colspan="4"></td> <td height="8" colspan="4"></td> <td height="8" colspan="4"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1em; MARGIN-LEFT: 1em"><font style="FONT-FAMILY: Times New Roman" size="2">Incurred losses and loss adjustment expenses related to:</font></p> </td> <td valign="bottom"><font size="1">  </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr bgcolor="#CCEEFF"> <td valign="top"> <p style="TEXT-INDENT: -1em; MARGIN-LEFT: 3em"><font style="FONT-FAMILY: Times New Roman" size="2">Current year</font></p> </td> <td valign="bottom"><font size="1">  </font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">36,776</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">  </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">67,097</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">  </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">80,285</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">  </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">130,738</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">  </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1em; MARGIN-LEFT: 3em"><font style="FONT-FAMILY: Times New Roman" size="2">Prior years</font></p> </td> <td valign="bottom"><font size="1">  </font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">(618</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">(5,344</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">(2,118</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">) </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">(10,643</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">) </font></td> </tr> <tr style="FONT-SIZE: 1px"> <td valign="bottom"></td> <td valign="bottom">  </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid"> </p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid"> </p> </td> <td> </td> <td valign="bottom"> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid"> </p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid"> </p> </td> <td> </td> <td valign="bottom"> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid"> </p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid"> </p> </td> <td> </td> <td valign="bottom"> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid"> </p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid"> </p> </td> <td> </td> </tr> <tr bgcolor="#CCEEFF"> <td valign="top"> <p style="TEXT-INDENT: -1em; MARGIN-LEFT: 5em"><font style="FONT-FAMILY: Times New Roman" size="2">Total incurred losses and loss adjustment expenses</font></p> </td> <td valign="bottom"><font size="1">  </font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">36,158</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">  </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">61,753</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">  </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">78,167</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">  </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">120,095</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">  </font></td> </tr> <tr style="FONT-SIZE: 1px"> <td valign="bottom"></td> <td valign="bottom">  </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid"> </p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid"> </p> </td> <td> </td> <td valign="bottom"> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid"> </p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid"> </p> </td> <td> </td> <td valign="bottom"> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid"> </p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid"> </p> </td> <td> </td> <td valign="bottom"> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid"> </p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid"> </p> </td> <td> </td> </tr> <tr> <td height="8"></td> <td height="8" colspan="4"></td> <td height="8" colspan="4"></td> <td height="8" colspan="4"></td> <td height="8" colspan="4"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1em; MARGIN-LEFT: 1em"><font style="FONT-FAMILY: Times New Roman" size="2">Paid losses and loss adjustment expenses related to:</font></p> </td> <td valign="bottom"><font size="1">  </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr bgcolor="#CCEEFF"> <td valign="top"> <p style="TEXT-INDENT: -1em; MARGIN-LEFT: 3em"><font style="FONT-FAMILY: Times New Roman" size="2">Current year</font></p> </td> <td valign="bottom"><font size="1">  </font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">12,936</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">  </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">21,898</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">  </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">19,252</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">  </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">27,021</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">  </font></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1em; MARGIN-LEFT: 3em"><font style="FONT-FAMILY: Times New Roman" size="2">Prior years</font></p> </td> <td valign="bottom"><font size="1">  </font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">37,700</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">  </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">44,030</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">  </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">79,534</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">  </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">83,555</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">  </font></td> </tr> <tr style="FONT-SIZE: 1px"> <td valign="bottom"></td> <td valign="bottom">  </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid"> </p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid"> </p> </td> <td> </td> <td valign="bottom"> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid"> </p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid"> </p> </td> <td> </td> <td valign="bottom"> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid"> </p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid"> </p> </td> <td> </td> <td valign="bottom"> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid"> </p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid"> </p> </td> <td> </td> </tr> <tr bgcolor="#CCEEFF"> <td valign="top"> <p style="TEXT-INDENT: -1em; MARGIN-LEFT: 5em"><font style="FONT-FAMILY: Times New Roman" size="2">Total paid losses and loss adjustment expenses</font></p> </td> <td valign="bottom"><font size="1">  </font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">50,636</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">  </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">65,928</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">  </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">98,786</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">  </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">110,576</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">  </font></td> </tr> <tr style="FONT-SIZE: 1px"> <td valign="bottom"></td> <td valign="bottom">  </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid"> </p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid"> </p> </td> <td> </td> <td valign="bottom"> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid"> </p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid"> </p> </td> <td> </td> <td valign="bottom"> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid"> </p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid"> </p> </td> <td> </td> <td valign="bottom"> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid"> </p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid"> </p> </td> <td> </td> </tr> <tr> <td height="8"></td> <td height="8" colspan="4"></td> <td height="8" colspan="4"></td> <td height="8" colspan="4"></td> <td height="8" colspan="4"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1em; MARGIN-LEFT: 1em"><font style="FONT-FAMILY: Times New Roman" size="2">Net balance at end of period</font></p> </td> <td valign="bottom"><font size="1">  </font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">667,105</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">  </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">655,067</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">  </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">667,105</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">  </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">655,067</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">  </font></td> </tr> <tr bgcolor="#CCEEFF"> <td valign="top"> <p style="TEXT-INDENT: -1em; MARGIN-LEFT: 1em"><font style="FONT-FAMILY: Times New Roman" size="2">Plus: Ceded reinsurance receivables</font></p> </td> <td valign="bottom"><font size="1">  </font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">274,178</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">  </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">320,129</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">  </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">274,178</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">  </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2"> </font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">320,129</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">  </font></td> </tr> <tr style="FONT-SIZE: 1px"> <td valign="bottom"></td> <td valign="bottom">  </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid"> </p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid"> </p> </td> <td> </td> <td valign="bottom"> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid"> </p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid"> </p> </td> <td> </td> <td valign="bottom"> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid"> </p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid"> </p> </td> <td> </td> <td valign="bottom"> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid"> </p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid"> </p> </td> <td> </td> </tr> <tr> <td height="8"></td> <td height="8" colspan="4"></td> <td height="8" colspan="4"></td> <td height="8" colspan="4"></td> <td height="8" colspan="4"></td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1em; MARGIN-LEFT: 1em"><font style="FONT-FAMILY: Times New Roman" size="2">Balance at end of period</font></p> </td> <td valign="bottom"><font size="1">  </font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">941,283</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">  </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">975,196</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">  </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">941,283</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">  </font></td> <td valign="bottom"><font size="1"> </font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">975,196</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">  </font></td> </tr> <tr style="FONT-SIZE: 1px"> <td valign="bottom"></td> <td valign="bottom">  </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 3px double"> </p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 3px double"> </p> </td> <td> </td> <td valign="bottom"> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 3px double"> </p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 3px double"> </p> </td> <td> </td> <td valign="bottom"> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 3px double"> </p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 3px double"> </p> </td> <td> </td> <td valign="bottom"> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 3px double"> </p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 3px double"> </p> </td> <td> </td> </tr> </table> </div>
	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	74850000
	us-gaap	Debt Instrument Issuer DebtInstrumentIssuer	The Company's wholly owned business trust subsidiaries, United National Group Capital Trust I and United National Group Capital Statutory Trust II
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	28236562	shares
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-74921000
	us-gaap	Marketable Securities Realized Gain Loss MarketableSecuritiesRealizedGainLoss	3702000
	us-gaap	Other Than Temporary Impairment Losses Investments Portion In Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	539000
	us-gaap	Gain Loss On Sale Of Securities Net GainLossOnSaleOfSecuritiesNet	6780000
	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	29733000
	us-gaap	Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities	25460000
	us-gaap	Segment Reporting Information Revenue SegmentReportingInformationRevenue	121937000
	us-gaap	Revenues Revenues	148127000
	us-gaap	Proceeds From Sale Of Available For Sale Securities Equity ProceedsFromSaleOfAvailableForSaleSecuritiesEquity	25159000
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-5205000
	us-gaap	Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax	6575000
	us-gaap	Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable	-7539000
	us-gaap	Increase Decrease In Reinsurance Payables IncreaseDecreaseInReinsurancePayables	-1244000
	us-gaap	Other Than Temporary Impairment Credit Losses Recognized In Earnings Reductions Cash Flows OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsCashFlows
	us-gaap	Increase Decrease In Property And Casualty Insurance Liabilities IncreaseDecreaseInPropertyAndCasualtyInsuranceLiabilities	-30094000
	us-gaap	Proceeds From Sale Of Available For Sale Securities Debt ProceedsFromSaleOfAvailableForSaleSecuritiesDebt	270873000
	us-gaap	Payments To Acquire Other Investments PaymentsToAcquireOtherInvestments	6000
	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	565775	shares
	us-gaap	Incurred Claims Property Casualty And Liability IncurredClaimsPropertyCasualtyAndLiability	78167000
	us-gaap	Interest Expense InterestExpense	2948000
	us-gaap	Other Than Temporary Impairment Credit Losses Recognized In Earnings Additions Additional Credit Losses OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsAdditionsAdditionalCreditLosses
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-23096000
	us-gaap	Other Than Temporary Impairment Credit Losses Recognized In Earnings Reductions Change In Status OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsChangeInStatus
	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	33000
	gbli	Allowance For Uncollectible Reinsurance Receivables AllowanceForUncollectibleReinsuranceReceivables	9460000
	gbli	Fair Value Transfers Between Level1 And Level2 Amount FairValueTransfersBetweenLevel1AndLevel2Amount	0
	gbli	Corporate And Other Operating Expenses CorporateAndOtherOperatingExpenses	4824000
	gbli	Average Investment Portfolio AverageInvestmentPortfolio	1606186000
	gbli	Acquisition Costs And Other Underwriting Expenses AcquisitionCostsAndOtherUnderwritingExpenses	46927000
	gbli	Income Tax Reconciliation Income Tax Expense Benefit At Weighted Average Tax Rate IncomeTaxReconciliationIncomeTaxExpenseBenefitAtWeightedAverageTaxRate	279000
	gbli	Gross Written Premiums GrossWrittenPremiums	125390000
	gbli	Other Than Temporary Impairment Losses On Investments Recognized In Other Comprehensive Income OtherThanTemporaryImpairmentLossesOnInvestmentsRecognizedInOtherComprehensiveIncome	541000
	gbli	Income Before Equity In Net Income Loss Of Partnerships IncomeBeforeEquityInNetIncomeLossOfPartnerships	20466000
	gbli	Change In Trading Symbol ChangeInTradingSymbol	"INDM" to "GBLI."
	gbli	Date Of Change In Trading Symbol DateOfChangeInTradingSymbol	2010-07-06
	gbli	Insurance Enhanced Municipal Bonds Not Prerefunded InsuranceEnhancedMunicipalBondsNotPrerefunded	45400000
	gbli	Other Than Temporary Impairment Losses Gross OtherThanTemporaryImpairmentLossesGross	-1059000
	gbli	Other Than Temporary Impairments On Fixed Maturities OtherThanTemporaryImpairmentsOnFixedMaturities	-518000
	gbli	Other Than Temporary Impairments On Common Stock OtherThanTemporaryImpairmentsOnCommonStock	-2560000
	gbli	Net Change In Unrealized Gains Losses On Investments NetChangeInUnrealizedGainsLossesOnInvestments	11834000
	gbli	Total Unrealized And Realized Investment Gains Losses TotalUnrealizedAndRealizedInvestmentGainsLosses	15536000
	gbli	Total Return On Investments TotalReturnOnInvestments	38024000
	gbli	Percentage Of Investment Return PercentageOfInvestmentReturn	0.024	pure
	gbli	Income Tax Reconciliation Apb28 Adjustment IncomeTaxReconciliationAPB28Adjustment	-4175000
	gbli	Effective Income Tax Rate Reconciliation Apb28 Adjustment EffectiveIncomeTaxRateReconciliationAPB28Adjustment	-0.273	pure
	gbli	Effective Income Tax Rate Reconciliation At Weighted Average Tax Rate EffectiveIncomeTaxRateReconciliationAtWeightedAverageTaxRate	0.018	pure
	gbli	Changes In Contingent Commissions ChangesInContingentCommissions	-1242000
	gbli	Income Loss From Segments IncomeLossFromSegments	-3157000
	gbli	Liability For Claims And Claims Adjustments Expense Property Casualty Liability LiabilityForClaimsAndClaimsAdjustmentsExpensePropertyCasualtyLiability	971377000
	gbli	Effective Income Tax Rate Reconciliation Other Adjustments Based On Weighted Average EffectiveIncomeTaxRateReconciliationOtherAdjustmentsBasedOnWeightedAverage		pure
	gbli	Income Tax Reconciliation Deductions Dividends Based On Weighted Average IncomeTaxReconciliationDeductionsDividendsBasedOnWeightedAverage	532000
	gbli	Income Tax Reconciliation Tax Exempt Income Based On Weighted Average IncomeTaxReconciliationTaxExemptIncomeBasedOnWeightedAverage	779000
	gbli	Effective Income Tax Rate Reconciliation Tax Exempt Income Based On Weighted Average EffectiveIncomeTaxRateReconciliationTaxExemptIncomeBasedOnWeightedAverage	-0.051	pure
	gbli	Effective Income Tax Rate Reconciliation Deductions Dividends Based On Weighted Average EffectiveIncomeTaxRateReconciliationDeductionsDividendsBasedOnWeightedAverage	-0.035	pure
CY2011Q2	us-gaap	Liability For Unpaid Claims And Claims Adjustment Expense Incurred Claims Prior Years LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseIncurredClaimsPriorYears	5344000
CY2011Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	30367556	shares
CY2011Q2	us-gaap	Marketable Securities Realized Gain Loss MarketableSecuritiesRealizedGainLoss	8386000
CY2011Q2	us-gaap	Other Than Temporary Impairment Losses Investments Portion In Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	6000
CY2011Q2	us-gaap	Gain Loss On Sale Of Securities Net GainLossOnSaleOfSecuritiesNet	9739000
CY2011Q2	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	1136000
CY2011Q2	us-gaap	Investment Income Interest And Dividend InvestmentIncomeInterestAndDividend	15178000
CY2011Q2	us-gaap	Premiums Written Net PremiumsWrittenNet	86407000
CY2011Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	30321909	shares
CY2011Q2	us-gaap	Other Than Temporary Impairment Losses Investments Portion Recognized In Earnings Net Availableforsale Securities OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNetAvailableforsaleSecurities	-1353000
CY2011Q2	us-gaap	Liability For Unpaid Claims And Claims Adjustment Expense Claims Paid Current Year LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseClaimsPaidCurrentYear	21898000
CY2011Q2	us-gaap	Other Income OtherIncome	375000
CY2011Q2	us-gaap	Segment Reporting Information Revenue SegmentReportingInformationRevenue	78430000
CY2011Q2	us-gaap	Revenues Revenues	100746000
CY2011Q2	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-2022000
CY2011Q2	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	-0.894	pure
CY2011Q2	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	2262000
CY2011Q2	us-gaap	Treasury Stock Acquired Average Cost Per Share TreasuryStockAcquiredAverageCostPerShare	22.29
CY2011Q2	us-gaap	Premiums Earned Net PremiumsEarnedNet	78055000
CY2011Q2	us-gaap	Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax	3068000
	gbli	Income Tax Reconciliation Other Adjustments Based On Weighted Average IncomeTaxReconciliationOtherAdjustmentsBasedOnWeightedAverage	2000
	gbli	Adjustments To Prior Accident Year Loss Reserves AdjustmentsToPriorAccidentYearLossReserves	-2100000
CY2011Q3	us-gaap	Stock Repurchase Program Authorized Amount StockRepurchaseProgramAuthorizedAmount	100000000
CY2012Q2	us-gaap	Treasury Stock Value Acquired Cost Method TreasuryStockValueAcquiredCostMethod	63367842
CY2012Q2	us-gaap	Treasury Stock Acquired Average Cost Per Share TreasuryStockAcquiredAverageCostPerShare	21.75
CY2012Q2	gbli	Shares Repurchased Pursuant To Tender Offer Option SharesRepurchasedPursuantToTenderOfferOption	122578	shares
CY2012Q2	gbli	Percentage Of Outstanding Common Stock Repurchased Pursuant To Tender Offer Option PercentageOfOutstandingCommonStockRepurchasedPursuantToTenderOfferOption	0.020	pure
CY2011	gbli	Allowance For Uncollectible Reinsurance Receivables AllowanceForUncollectibleReinsuranceReceivables	10021000
CY2012Q2	gbli	Shares Repurchased Pursuant To Tender Offer Option SharesRepurchasedPursuantToTenderOfferOption	61000000	shares
CY2011Q2	us-gaap	Liability For Unpaid Claims And Claims Adjustment Expense Claims Paid Prior Years LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseClaimsPaidPriorYears	44030000
CY2011Q2	us-gaap	Marketable Securities Realized Gain Loss Other Than Temporary Impairments Amount MarketableSecuritiesRealizedGainLossOtherThanTemporaryImpairmentsAmount	1353000
CY2011Q2	us-gaap	Stock Repurchase Program Remaining Authorized Repurchase Amount StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount
CY2011Q2	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-3148000
CY2011Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.14
CY2011Q2	us-gaap	Net Income Loss NetIncomeLoss	4284000
CY2011Q2	us-gaap	Net Investment Income NetInvestmentIncome	13930000
CY2011Q2	us-gaap	Liability For Unpaid Claims And Claims Adjustment Expense Claims Paid LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseClaimsPaid	65928000
CY2011Q2	us-gaap	Investment Income Investment Expense InvestmentIncomeInvestmentExpense	1248000
CY2011Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.14
CY2011Q2	us-gaap	Other Than Temporary Impairment Credit Losses Recognized In Earnings Reductions Cash Flows OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsCashFlows
CY2011Q2	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	306118	shares
CY2011Q2	us-gaap	Incurred Claims Property Casualty And Liability IncurredClaimsPropertyCasualtyAndLiability	61753000
CY2011Q2	us-gaap	Liability For Unpaid Claims And Claims Adjustment Expense Incurred Claims Current Year LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseIncurredClaimsCurrentYear	-67097000
CY2011Q2	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment For Sale Of Securities Included In Net Income Net Of Tax OtherComprehensiveIncomeLossReclassificationAdjustmentForSaleOfSecuritiesIncludedInNetIncomeNetOfTax	-6210000
CY2011Q2	us-gaap	Interest Expense InterestExpense	1743000
CY2011Q2	us-gaap	Other Than Temporary Impairment Credit Losses Recognized In Earnings Additions Additional Credit Losses OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsAdditionsAdditionalCreditLosses
CY2011Q2	us-gaap	Other Than Temporary Impairment Credit Losses Recognized In Earnings Reductions Change In Status OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsChangeInStatus
CY2011Q2	gbli	Total Number Of Shares Purchased As Part Of Publicly Announced Plan TotalNumberOfSharesPurchasedAsPartOfPubliclyAnnouncedPlan		shares
CY2011Q2	gbli	Fair Value Transfers Between Level1 And Level2 Amount FairValueTransfersBetweenLevel1AndLevel2Amount	0
CY2011Q2	gbli	Corporate And Other Operating Expenses CorporateAndOtherOperatingExpenses	4899000
CY2011Q2	gbli	Average Investment Portfolio AverageInvestmentPortfolio	1729099000
CY2011Q2	gbli	Acquisition Costs And Other Underwriting Expenses AcquisitionCostsAndOtherUnderwritingExpenses	30089000
CY2011Q2	gbli	Gross Written Premiums GrossWrittenPremiums	94962000
CY2011Q2	gbli	Income Before Equity In Net Income Loss Of Partnerships IncomeBeforeEquityInNetIncomeLossOfPartnerships	4284000
CY2011Q2	gbli	Other Than Temporary Impairments On Common Stock OtherThanTemporaryImpairmentsOnCommonStock	-1353000
CY2011Q2	gbli	Net Change In Unrealized Gains Losses On Investments NetChangeInUnrealizedGainsLossesOnInvestments	-4651000
CY2011Q2	gbli	Total Unrealized And Realized Investment Gains Losses TotalUnrealizedAndRealizedInvestmentGainsLosses	3735000
CY2011Q2	gbli	Total Return On Investments TotalReturnOnInvestments	17665000
CY2011Q2	gbli	Percentage Of Investment Return PercentageOfInvestmentReturn	0.010	pure
CY2011Q2	gbli	Income Tax Reconciliation Income Tax Expense Benefit At Weighted Average Tax Rate IncomeTaxReconciliationIncomeTaxExpenseBenefitAtWeightedAverageTaxRate	121000
CY2011Q2	gbli	Income Tax Reconciliation Apb28 Adjustment IncomeTaxReconciliationAPB28Adjustment	-1471000
CY2011Q2	gbli	Effective Income Tax Rate Reconciliation Apb28 Adjustment EffectiveIncomeTaxRateReconciliationAPB28Adjustment	-0.650	pure
CY2011Q2	gbli	Effective Income Tax Rate Reconciliation At Weighted Average Tax Rate EffectiveIncomeTaxRateReconciliationAtWeightedAverageTaxRate	0.053	pure
CY2011Q2	gbli	Income Loss From Segments IncomeLossFromSegments	-13412000
CY2011Q2	gbli	Liability For Claims And Claims Adjustments Expense Property Casualty Liability LiabilityForClaimsAndClaimsAdjustmentsExpensePropertyCasualtyLiability	1035088000
CY2011Q2	gbli	Income Tax Reconciliation Tax Exempt Income Based On Weighted Average IncomeTaxReconciliationTaxExemptIncomeBasedOnWeightedAverage	496000
CY2011Q2	gbli	Effective Income Tax Rate Reconciliation Tax Exempt Income Based On Weighted Average EffectiveIncomeTaxRateReconciliationTaxExemptIncomeBasedOnWeightedAverage	-0.219	pure
CY2011Q2	gbli	Effective Income Tax Rate Reconciliation Deductions Dividends Based On Weighted Average EffectiveIncomeTaxRateReconciliationDeductionsDividendsBasedOnWeightedAverage	-0.093	pure
CY2011Q2	gbli	Effective Income Tax Rate Reconciliation Other Adjustments Based On Weighted Average EffectiveIncomeTaxRateReconciliationOtherAdjustmentsBasedOnWeightedAverage	0.015	pure
CY2011Q2	gbli	Income Tax Reconciliation Deductions Dividends Based On Weighted Average IncomeTaxReconciliationDeductionsDividendsBasedOnWeightedAverage	210000
CY2011Q2	gbli	Income Tax Reconciliation Other Adjustments Based On Weighted Average IncomeTaxReconciliationOtherAdjustmentsBasedOnWeightedAverage	34000
CY2011Q2	gbli	Adjustments To Prior Accident Year Loss Reserves AdjustmentsToPriorAccidentYearLossReserves	-5300000
CY2012Q2	us-gaap	Liability For Unpaid Claims And Claims Adjustment Expense Claims Paid Prior Years LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseClaimsPaidPriorYears	37700000
CY2012Q2	us-gaap	Investment Income Interest And Dividend InvestmentIncomeInterestAndDividend	12138000
CY2012Q2	us-gaap	Premiums Written Net PremiumsWrittenNet	61135000
CY2012Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	27829555	shares
CY2012Q2	us-gaap	Other Than Temporary Impairment Losses Investments Portion Recognized In Earnings Net Availableforsale Securities OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNetAvailableforsaleSecurities	-1326000
CY2012Q2	us-gaap	Liability For Unpaid Claims And Claims Adjustment Expense Claims Paid Current Year LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseClaimsPaidCurrentYear	12936000
CY2012Q2	us-gaap	Other Income OtherIncome	-40000
CY2012Q2	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	-0.351	pure
CY2012Q2	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	7107000
CY2012Q2	us-gaap	Treasury Stock Acquired Average Cost Per Share TreasuryStockAcquiredAverageCostPerShare	21.70
CY2012Q2	us-gaap	Premiums Earned Net PremiumsEarnedNet	57859000
CY2012Q2	us-gaap	Marketable Securities Realized Gain Loss Other Than Temporary Impairments Amount MarketableSecuritiesRealizedGainLossOtherThanTemporaryImpairmentsAmount	1326000
CY2012Q2	us-gaap	Other Than Temporary Impairment Credit Losses Recognized In Earnings Reductions Securities Sold OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsSecuritiesSold	55000
CY2012Q2	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-8420000
CY2012Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.35
CY2012Q2	us-gaap	Net Income Loss NetIncomeLoss	9604000
CY2012Q2	us-gaap	Net Investment Income NetInvestmentIncome	11071000
CY2012Q2	us-gaap	Investment Income Investment Expense InvestmentIncomeInvestmentExpense	1067000
CY2012Q2	us-gaap	Liability For Unpaid Claims And Claims Adjustment Expense Claims Paid LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseClaimsPaid	50636000
CY2012Q2	gbli	Effective Income Tax Rate Reconciliation At Weighted Average Tax Rate EffectiveIncomeTaxRateReconciliationAtWeightedAverageTaxRate	-0.036	pure
CY2012Q2	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment For Sale Of Securities Included In Net Income Net Of Tax OtherComprehensiveIncomeLossReclassificationAdjustmentForSaleOfSecuritiesIncludedInNetIncomeNetOfTax	1450000
CY2012Q2	us-gaap	Liability For Unpaid Claims And Claims Adjustment Expense Incurred Claims Current Year LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseIncurredClaimsCurrentYear	-36776000
CY2012Q2	gbli	Total Number Of Shares Purchased As Part Of Publicly Announced Plan TotalNumberOfSharesPurchasedAsPartOfPubliclyAnnouncedPlan	2967798	shares
CY2012Q2	gbli	Fair Value Transfers Between Level1 And Level2 Amount FairValueTransfersBetweenLevel1AndLevel2Amount	0
CY2012Q2	gbli	Income Loss From Segments IncomeLossFromSegments	-2099000
CY2012Q2	gbli	Liability For Claims And Claims Adjustments Expense Property Casualty Liability LiabilityForClaimsAndClaimsAdjustmentsExpensePropertyCasualtyLiability	960924000
CY2012Q2	gbli	Income Tax Reconciliation Tax Exempt Income Based On Weighted Average IncomeTaxReconciliationTaxExemptIncomeBasedOnWeightedAverage	372000
CY2012Q2	gbli	Effective Income Tax Rate Reconciliation Tax Exempt Income Based On Weighted Average EffectiveIncomeTaxRateReconciliationTaxExemptIncomeBasedOnWeightedAverage	-0.052	pure
CY2012Q2	gbli	Effective Income Tax Rate Reconciliation Deductions Dividends Based On Weighted Average EffectiveIncomeTaxRateReconciliationDeductionsDividendsBasedOnWeightedAverage	-0.042	pure
CY2012Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.35
CY2012Q2	us-gaap	Liability For Unpaid Claims And Claims Adjustment Expense Incurred Claims Prior Years LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseIncurredClaimsPriorYears	618000
CY2012Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	27836453	shares
CY2012Q2	us-gaap	Marketable Securities Realized Gain Loss MarketableSecuritiesRealizedGainLoss	1941000
CY2012Q2	us-gaap	Other Than Temporary Impairment Losses Investments Portion In Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	4000
CY2012Q2	us-gaap	Gain Loss On Sale Of Securities Net GainLossOnSaleOfSecuritiesNet	3267000
CY2012Q2	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	1184000
CY2012Q2	us-gaap	Segment Reporting Information Revenue SegmentReportingInformationRevenue	57819000
CY2012Q2	us-gaap	Revenues Revenues	70831000
CY2012Q2	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-2497000
CY2012Q2	us-gaap	Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax	-9866000
CY2012Q2	us-gaap	Other Than Temporary Impairment Credit Losses Recognized In Earnings Reductions Cash Flows OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsCashFlows
CY2012Q2	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	565775	shares
CY2012Q2	us-gaap	Incurred Claims Property Casualty And Liability IncurredClaimsPropertyCasualtyAndLiability	36158000
CY2012Q2	us-gaap	Interest Expense InterestExpense	1470000
CY2012Q2	us-gaap	Other Than Temporary Impairment Credit Losses Recognized In Earnings Additions Additional Credit Losses OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsAdditionsAdditionalCreditLosses
CY2012Q2	us-gaap	Other Than Temporary Impairment Credit Losses Recognized In Earnings Reductions Change In Status OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsChangeInStatus
CY2012Q2	gbli	Corporate And Other Operating Expenses CorporateAndOtherOperatingExpenses	2336000
CY2012Q2	gbli	Average Investment Portfolio AverageInvestmentPortfolio	1604406000
CY2012Q2	gbli	Acquisition Costs And Other Underwriting Expenses AcquisitionCostsAndOtherUnderwritingExpenses	23760000
CY2012Q2	gbli	Gross Written Premiums GrossWrittenPremiums	67632000
CY2012Q2	gbli	Income Before Equity In Net Income Loss Of Partnerships IncomeBeforeEquityInNetIncomeLossOfPartnerships	9604000
CY2012Q2	gbli	Other Than Temporary Impairment Losses Gross OtherThanTemporaryImpairmentLossesGross	-164000
CY2012Q2	gbli	Other Than Temporary Impairments On Fixed Maturities OtherThanTemporaryImpairmentsOnFixedMaturities	-164000
CY2012Q2	gbli	Other Than Temporary Impairments On Common Stock OtherThanTemporaryImpairmentsOnCommonStock	-1162000
CY2012Q2	gbli	Net Change In Unrealized Gains Losses On Investments NetChangeInUnrealizedGainsLossesOnInvestments	-11951000
CY2012Q2	gbli	Total Unrealized And Realized Investment Gains Losses TotalUnrealizedAndRealizedInvestmentGainsLosses	-10010000
CY2012Q2	gbli	Total Return On Investments TotalReturnOnInvestments	1061000
CY2012Q2	gbli	Percentage Of Investment Return PercentageOfInvestmentReturn	0.001	pure
CY2012Q2	gbli	Income Tax Reconciliation Income Tax Expense Benefit At Weighted Average Tax Rate IncomeTaxReconciliationIncomeTaxExpenseBenefitAtWeightedAverageTaxRate	-256000
CY2012Q2	gbli	Income Tax Reconciliation Apb28 Adjustment IncomeTaxReconciliationAPB28Adjustment	-1588000
CY2012Q2	gbli	Effective Income Tax Rate Reconciliation Apb28 Adjustment EffectiveIncomeTaxRateReconciliationAPB28Adjustment	-0.223	pure
CY2012Q2	gbli	Effective Income Tax Rate Reconciliation Other Adjustments Based On Weighted Average EffectiveIncomeTaxRateReconciliationOtherAdjustmentsBasedOnWeightedAverage	0.002	pure
CY2012Q2	gbli	Income Tax Reconciliation Deductions Dividends Based On Weighted Average IncomeTaxReconciliationDeductionsDividendsBasedOnWeightedAverage	297000
CY2012Q2	gbli	Income Tax Reconciliation Other Adjustments Based On Weighted Average IncomeTaxReconciliationOtherAdjustmentsBasedOnWeightedAverage	16000
CY2012Q2	gbli	Adjustments To Prior Accident Year Loss Reserves AdjustmentsToPriorAccidentYearLossReserves	-600000
CY2010Q4	us-gaap	Restructuring And Related Cost Number Of Positions Eliminated Period Percent RestructuringAndRelatedCostNumberOfPositionsEliminatedPeriodPercent	0.25	pure
CY2011Q4	us-gaap	Impairment Of Leasehold ImpairmentOfLeasehold	1170000
CY2011Q4	us-gaap	Restructuring Reserve Period Increase Decrease RestructuringReservePeriodIncreaseDecrease	2790000
CY2011Q4	us-gaap	Severance Costs SeveranceCosts	790000
CY2011Q4	gbli	Discontinuing Use Of Leased Property Net Of Sub Lease Income DiscontinuingUseOfLeasedPropertyNetOfSubLeaseIncome	840000

Files In Submission

Name	View Source	Status
0001193125-12-346428-index-headers.html	Edgar Link	pending
0001193125-12-346428-index.html	Edgar Link	pending
0001193125-12-346428.txt	Edgar Link	pending
0001193125-12-346428-xbrl.zip	Edgar Link	pending
d359229d10q.htm	Edgar Link	pending
d359229dex311.htm	Edgar Link	pending
d359229dex312.htm	Edgar Link	pending
d359229dex321.htm	Edgar Link	pending
d359229dex322.htm	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xls	Edgar Link	pending
gbli-20120630.xml	Edgar Link	completed
gbli-20120630.xsd	Edgar Link	pending
gbli-20120630_cal.xml	Edgar Link	unprocessable
gbli-20120630_def.xml	Edgar Link	unprocessable
gbli-20120630_lab.xml	Edgar Link	unprocessable
gbli-20120630_pre.xml	Edgar Link	unprocessable
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
R11.htm	Edgar Link	pending
R12.htm	Edgar Link	pending
R13.htm	Edgar Link	pending
R14.htm	Edgar Link	pending
R15.htm	Edgar Link	pending
R16.htm	Edgar Link	pending
R17.htm	Edgar Link	pending
R18.htm	Edgar Link	pending
R19.htm	Edgar Link	pending
R2.htm	Edgar Link	pending
R20.htm	Edgar Link	pending
R21.htm	Edgar Link	pending
R22.htm	Edgar Link	pending
R23.htm	Edgar Link	pending
R24.htm	Edgar Link	pending
R25.htm	Edgar Link	pending
R26.htm	Edgar Link	pending
R27.htm	Edgar Link	pending
R28.htm	Edgar Link	pending
R29.htm	Edgar Link	pending
R3.htm	Edgar Link	pending
R30.htm	Edgar Link	pending
R31.htm	Edgar Link	pending
R32.htm	Edgar Link	pending
R33.htm	Edgar Link	pending
R34.htm	Edgar Link	pending
R35.htm	Edgar Link	pending
R36.htm	Edgar Link	pending
R37.htm	Edgar Link	pending
R38.htm	Edgar Link	pending
R39.htm	Edgar Link	pending
R4.htm	Edgar Link	pending
R40.htm	Edgar Link	pending
R41.htm	Edgar Link	pending
R42.htm	Edgar Link	pending
R43.htm	Edgar Link	pending
R44.htm	Edgar Link	pending
R45.htm	Edgar Link	pending
R46.htm	Edgar Link	pending
R47.htm	Edgar Link	pending
R48.htm	Edgar Link	pending
R49.htm	Edgar Link	pending
R5.htm	Edgar Link	pending
R50.htm	Edgar Link	pending
R51.htm	Edgar Link	pending
R52.htm	Edgar Link	pending
R53.htm	Edgar Link	pending
R54.htm	Edgar Link	pending
R55.htm	Edgar Link	pending
R56.htm	Edgar Link	pending
R57.htm	Edgar Link	pending
R58.htm	Edgar Link	pending
R59.htm	Edgar Link	pending
R6.htm	Edgar Link	pending
R60.htm	Edgar Link	pending
R61.htm	Edgar Link	pending
R62.htm	Edgar Link	pending
R63.htm	Edgar Link	pending
R64.htm	Edgar Link	pending
R65.htm	Edgar Link	pending
R66.htm	Edgar Link	pending
R67.htm	Edgar Link	pending
R68.htm	Edgar Link	pending
R69.htm	Edgar Link	pending
R7.htm	Edgar Link	pending
R70.htm	Edgar Link	pending
R71.htm	Edgar Link	pending
R72.htm	Edgar Link	pending
R73.htm	Edgar Link	pending
R74.htm	Edgar Link	pending
R75.htm	Edgar Link	pending
R76.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending

Create your account

Find Stocks Worth Researching

Deeply Understand Businesses

Value Businesses Intelligently

$GBLI
Global Indemnity Group, LLC Stock $gbli

2012 Q2 Form 10-Q Financial Statement

#000119312512346428 Filed on August 09, 2012

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$GBLI Global Indemnity Group, LLC Stock $gbli

2012 Q2 Form 10-Q Financial Statement

#000119312512346428 Filed on August 09, 2012

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$GBLI
Global Indemnity Group, LLC Stock $gbli