$GBLI
Global Indemnity Group, LLC

2011 Q4 Form 10-K Financial Statement

#000119312513109940 Filed on March 15, 2013

View on sec.gov

Income Statement

Concept 2011 Q4 2011 Q3 2011 Q2
Revenue $11.89M $91.63M $100.7M
YoY Change -86.82% 6.3% 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 $600.0K $600.0K $500.0K
YoY Change -77.78% 0.0% -28.57%
% of Gross Profit
Operating Expenses $104.1M $122.7M $96.70M
YoY Change 66.29% 93.23% 44.98%
Operating Profit
YoY Change
Interest Expense -$1.500M $1.525M $1.743M
YoY Change -6.25% -184.72% -196.83%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income -$27.12M -$32.52M $2.262M
YoY Change -204.73% -255.61% -91.3%
Income Tax -$3.600M $899.0K -$2.022M
% Of Pretax Income -89.39%
Net Earnings -$23.51M -$33.42M $4.284M
YoY Change -208.34% -268.8% -82.51%
Net Earnings / Revenue -197.76% -36.47% 4.25%
Basic Earnings Per Share -$1.10 $0.14
Diluted Earnings Per Share -$0.78 -$1.10 $0.14
COMMON SHARES
Basic Shares Outstanding 30.34M shares 30.32M shares
Diluted Shares Outstanding 30.35M shares 30.37M shares

Balance Sheet

Concept 2011 Q4 2011 Q3 2011 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $175.9M $93.28M $106.3M
Short-Term Investments
Other Short-Term Assets $6.600M $7.800M $8.800M
YoY Change -40.54% -35.54% -24.79%
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $10.30M $12.20M $8.800M
YoY Change -7.21% -38.69% -43.23%
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill $4.820M
YoY Change
Intangibles $18.70M
YoY Change
Long-Term Investments $1.472B $1.569B $1.628B
YoY Change -7.85% -2.89% 3.14%
Other Assets $14.60M $20.20M $9.400M
YoY Change 111.59% 192.75% -41.61%
Total Long-Term Assets $2.063B $2.118B $2.226B
YoY Change -9.52% -9.22% -4.89%
TOTAL ASSETS
Total Short-Term Assets $10.30M $12.20M $8.800M
Total Long-Term Assets $2.063B $2.118B $2.226B
Total Assets $2.073B $2.130B $2.235B
YoY Change -9.51% -9.47% -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 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $2.000M $6.100M
YoY Change -81.65% -32.22%
LONG-TERM LIABILITIES
Long-Term Debt $103.0M $103.1M $121.1M
YoY Change -15.09% -15.07% -0.25%
Other Long-Term Liabilities $36.50M $34.70M $37.80M
YoY Change -6.17% -9.16% 0.27%
Total Long-Term Liabilities $139.5M $137.8M $158.9M
YoY Change -12.92% -13.66% -0.13%
TOTAL LIABILITIES
Total Short-Term Liabilities $2.000M $6.100M
Total Long-Term Liabilities $139.5M $137.8M $158.9M
Total Liabilities $1.234B $1.255B $1.295B
YoY Change -9.67% -12.93% -12.7%
SHAREHOLDERS EQUITY
Retained Earnings $307.4M
YoY Change
Common Stock $621.9M
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost) $130.4M
YoY Change
Treasury Stock Shares
Shareholders Equity $839.1M $877.5M $943.2M
YoY Change
Total Liabilities & Shareholders Equity $2.073B $2.133B $2.239B
YoY Change -9.67% -9.35% -4.99%

Cashflow Statement

Concept 2011 Q4 2011 Q3 2011 Q2
OPERATING ACTIVITIES
Net Income -$23.51M -$33.42M $4.284M
YoY Change -208.34% -268.8% -82.51%
Depreciation, Depletion And Amortization $600.0K $600.0K $500.0K
YoY Change -77.78% 0.0% -28.57%
Cash From Operating Activities -$9.100M -$5.100M -$700.0K
YoY Change -161.07% 466.67% -83.33%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities $121.3M $10.00M -$900.0K
YoY Change 1023.15% -201.01% -47.06%
Cash From Investing Activities $121.3M $10.00M -$900.0K
YoY Change 1023.15% -201.01% -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 -29.40M -18.10M -100.0K
YoY Change 29300.0% 18000.0% 0.0%
NET CHANGE
Cash From Operating Activities -9.100M -5.100M -700.0K
Cash From Investing Activities 121.3M 10.00M -900.0K
Cash From Financing Activities -29.40M -18.10M -100.0K
Net Change In Cash 82.80M -13.20M -1.700M
YoY Change 223.44% 21.1% -71.67%
FREE CASH FLOW
Cash From Operating Activities -$9.100M -$5.100M -$700.0K
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2010Q2 us-gaap Business Acquisition Purchase Price Allocation Goodwill Amount
BusinessAcquisitionPurchasePriceAllocationGoodwillAmount
4800000
CY2010Q2 us-gaap Business Acquisition Purchase Price Allocation Intangible Assets Other Than Goodwill
BusinessAcquisitionPurchasePriceAllocationIntangibleAssetsOtherThanGoodwill
10200000
CY2010Q2 us-gaap Business Acquisition Cost Of Acquired Entity Cash Paid
BusinessAcquisitionCostOfAcquiredEntityCashPaid
15000000
CY2012Q2 dei Entity Public Float
EntityPublicFloat
237029875
CY2009Q4 us-gaap Liability For Unpaid Claims And Claims Adjustment Expense Net
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseNet
743275000
CY2009Q4 us-gaap Liability For Claims And Claims Adjustment Expense Property Casualty Liability
LiabilityForClaimsAndClaimsAdjustmentExpensePropertyCasualtyLiability
1257741000
CY2009Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
25.65
CY2009Q4 us-gaap Other Than Temporary Impairment Credit Losses Recognized In Earnings Credit Losses On Debt Securities Held
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld
50000
CY2009Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
186087000
CY2009Q4 us-gaap Liability For Asbestos And Environmental Claims Net
LiabilityForAsbestosAndEnvironmentalClaimsNet
31677000
CY2009Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
334018 shares
CY2009Q4 us-gaap Liability For Asbestos And Environmental Claims Gross
LiabilityForAsbestosAndEnvironmentalClaimsGross
51170000
CY2009Q4 gbli Ceded Reinsurance Receivables
CededReinsuranceReceivables
514466000
CY2010Q4 us-gaap Supplemental Information For Property Casualty Insurance Underwriters Unearned Premiums
SupplementalInformationForPropertyCasualtyInsuranceUnderwritersUnearnedPremiums
135872000
CY2010Q4 us-gaap Liability For Unpaid Claims And Claims Adjustment Expense Net
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseNet
645548000
CY2010Q4 us-gaap Restructuring Reserve
RestructuringReserve
3153000
CY2010Q4 us-gaap Stockholders Equity
StockholdersEquity
924769000
CY2010Q4 us-gaap Liability For Claims And Claims Adjustment Expense Property Casualty Liability
LiabilityForClaimsAndClaimsAdjustmentExpensePropertyCasualtyLiability
1052743000
CY2010Q4 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Outstanding Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfOutstandingOptions
330018 shares
CY2010Q4 us-gaap Supplemental Information For Property Casualty Insurance Underwriters Discount Deducted From Reserves
SupplementalInformationForPropertyCasualtyInsuranceUnderwritersDiscountDeductedFromReserves
12000000
CY2010Q4 us-gaap Equity Method Investments Fair Value Disclosure
EquityMethodInvestmentsFairValueDisclosure
1100000
CY2010Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
691000
CY2010Q4 us-gaap Assets
Assets
2290783000
CY2010Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
25.55
CY2010Q4 us-gaap Other Than Temporary Impairment Credit Losses Recognized In Earnings Credit Losses On Debt Securities Held
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld
115000
CY2010Q4 us-gaap Supplemental Information For Property Casualty Insurance Underwriters Deferred Policy Acquisition Costs
SupplementalInformationForPropertyCasualtyInsuranceUnderwritersDeferredPolicyAcquisitionCosts
29344000
CY2010Q4 us-gaap Supplemental Information For Property Casualty Insurance Underwriters Reserves For Unpaid Claims And Claims Adjustment Expense
SupplementalInformationForPropertyCasualtyInsuranceUnderwritersReservesForUnpaidClaimsAndClaimsAdjustmentExpense
1052743000
CY2010Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
119888000
CY2010Q4 us-gaap Liability For Asbestos And Environmental Claims Net
LiabilityForAsbestosAndEnvironmentalClaimsNet
30333000
CY2010Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
330018 shares
CY2010Q4 us-gaap Liability For Asbestos And Environmental Claims Gross
LiabilityForAsbestosAndEnvironmentalClaimsGross
49151000
CY2010Q4 us-gaap Statutory Accounting Practices Statutory Capital And Surplus Balance
StatutoryAccountingPracticesStatutoryCapitalAndSurplusBalance
467526000
CY2010Q4 gbli Ceded Reinsurance Receivables
CededReinsuranceReceivables
407195000
CY2011Q4 us-gaap Goodwill
Goodwill
4820000
CY2011Q4 us-gaap Supplemental Information For Property Casualty Insurance Underwriters Unearned Premiums
SupplementalInformationForPropertyCasualtyInsuranceUnderwritersUnearnedPremiums
114041000
CY2011Q4 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Less Than Twelve Months Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue
194596000
CY2011Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
14642000
CY2011Q4 us-gaap Liability For Unpaid Claims And Claims Adjustment Expense Net
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseNet
687725000
CY2011Q4 us-gaap Other Investments
OtherInvestments
6617000
CY2011Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
621917000
CY2011Q4 us-gaap Restructuring Reserve
RestructuringReserve
2613000
CY2011Q4 us-gaap Premiums Receivable At Carrying Value
PremiumsReceivableAtCarryingValue
47844000
CY2011Q4 us-gaap Stockholders Equity
StockholdersEquity
839063000
CY2011Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
4700000
CY2011Q4 us-gaap Other Assets
OtherAssets
19371000
CY2011Q4 us-gaap Available For Sale Securities Amortized Cost
AvailableForSaleSecuritiesAmortizedCost
1418073000
CY2011Q4 us-gaap Availableforsale Securities Continuous Unrealized Loss Position Less Than12 Months Aggregate Losses2
AvailableforsaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLosses2
10124000
CY2011Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2011Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
18417000
CY2011Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
900000000 shares
CY2011Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards Alternative Minimum Tax
DeferredTaxAssetsTaxCreditCarryforwardsAlternativeMinimumTax
5998000
CY2011Q4 us-gaap Liability For Claims And Claims Adjustment Expense Property Casualty Liability
LiabilityForClaimsAndClaimsAdjustmentExpensePropertyCasualtyLiability
971377000
CY2011Q4 us-gaap Reinsurance Recoverables
ReinsuranceRecoverables
287986000
CY2011Q4 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Outstanding Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfOutstandingOptions
565981 shares
CY2011Q4 us-gaap Supplemental Information For Property Casualty Insurance Underwriters Discount Deducted From Reserves
SupplementalInformationForPropertyCasualtyInsuranceUnderwritersDiscountDeductedFromReserves
10000000
CY2011Q4 us-gaap Availableforsale Securities Continuous Unrealized Loss Position Aggregate Losses2
AvailableforsaleSecuritiesContinuousUnrealizedLossPositionAggregateLosses2
10727000
CY2011Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
1209000
CY2011Q4 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue
220455000
CY2011Q4 us-gaap Prepaid Reinsurance Premiums
PrepaidReinsurancePremiums
6555000
CY2011Q4 us-gaap Other Investments And Securities At Cost
OtherInvestmentsAndSecuritiesAtCost
4150000
CY2011Q4 us-gaap Available For Sale Securities Equity Securities
AvailableForSaleSecuritiesEquitySecurities
168361000
CY2011Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Impairment Losses
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsImpairmentLosses
1713000
CY2011Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
3220000
CY2011Q4 us-gaap Liabilities
Liabilities
1233853000
CY2011Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
277000
CY2011Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
2229000
CY2011Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Unearned Premiums Reserve
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsUnearnedPremiumsReserve
2783000
CY2011Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
307413000
CY2011Q4 us-gaap Assets
Assets
2072916000
CY2011Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
20.59
CY2011Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Loss Reserves
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsLossReserves
12092000
CY2011Q4 us-gaap Investments
Investments
1471863000
CY2011Q4 us-gaap Availableforsale Securities Gross Unrealized Gain
AvailableforsaleSecuritiesGrossUnrealizedGain
64517000
CY2011Q4 us-gaap Other Than Temporary Impairment Credit Losses Recognized In Earnings Credit Losses On Debt Securities Held
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld
86000
CY2011Q4 us-gaap Supplemental Information For Property Casualty Insurance Underwriters Deferred Policy Acquisition Costs
SupplementalInformationForPropertyCasualtyInsuranceUnderwritersDeferredPolicyAcquisitionCosts
21564000
CY2011Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2072916000
CY2011Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
1296885000
CY2011Q4 us-gaap Long Term Debt
LongTermDebt
103000000
CY2011Q4 us-gaap Other Liabilities
OtherLiabilities
29075000
CY2011Q4 us-gaap Supplemental Information For Property Casualty Insurance Underwriters Reserves For Unpaid Claims And Claims Adjustment Expense
SupplementalInformationForPropertyCasualtyInsuranceUnderwritersReservesForUnpaidClaimsAndClaimsAdjustmentExpense
971377000
CY2011Q4 us-gaap Treasury Stock Value
TreasuryStockValue
130444000
CY2011Q4 us-gaap Available For Sale Equity Securities Amortized Cost Basis
AvailableForSaleEquitySecuritiesAmortizedCostBasis
155390000
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 Available For Sale Securities Gross Unrealized Losses1
AvailableForSaleSecuritiesGrossUnrealizedLosses1
10727000
CY2011Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
18704000
CY2011Q4 us-gaap Income Tax Receivable
IncomeTaxReceivable
2223000
CY2011Q4 us-gaap Liability For Asbestos And Environmental Claims Net
LiabilityForAsbestosAndEnvironmentalClaimsNet
25285000
CY2011Q4 us-gaap Available For Sale Securities Debt Maturities Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAmortizedCost
1258533000
CY2011Q4 us-gaap Deferred Tax Liabilities Investments
DeferredTaxLiabilitiesInvestments
347000
CY2011Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
40174000
CY2011Q4 us-gaap Deferred Policy Acquisition Costs
DeferredPolicyAcquisitionCosts
21564000
CY2011Q4 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
14000000
CY2011Q4 us-gaap Availableforsale Securities Continuous Unrealized Loss Position12 Months Or Longer Aggregate Losses2
AvailableforsaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLosses2
603000
CY2011Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
565981 shares
CY2011Q4 us-gaap Common Stock Value
CommonStockValue
3000
CY2011Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2011Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
646000
CY2011Q4 us-gaap Reinsurance Payable
ReinsurancePayable
8887000
CY2011Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
33059000
CY2011Q4 us-gaap Liability For Asbestos And Environmental Claims Gross
LiabilityForAsbestosAndEnvironmentalClaimsGross
50601000
CY2011Q4 us-gaap Tax Credit Carryforward Amount
TaxCreditCarryforwardAmount
6000000
CY2011Q4 us-gaap Premiums Receivable Allowance For Doubtful Accounts
PremiumsReceivableAllowanceForDoubtfulAccounts
1500000
CY2011Q4 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
1012000
CY2011Q4 us-gaap Unearned Premiums
UnearnedPremiums
114041000
CY2011Q4 us-gaap Statutory Accounting Practices Statutory Capital And Surplus Balance
StatutoryAccountingPracticesStatutoryCapitalAndSurplusBalance
434767000
CY2011Q4 us-gaap Available For Sale Securities Fair Value Disclosure
AvailableForSaleSecuritiesFairValueDisclosure
1471863000
CY2011Q4 gbli Deferred Tax Liabilities Deferred Acquisition Costs
DeferredTaxLiabilitiesDeferredAcquisitionCosts
738000
CY2011Q4 gbli Deferred Tax Liabilities Depreciation And Amortization
DeferredTaxLiabilitiesDepreciationAndAmortization
222000
CY2011Q4 gbli Accumulated Other Comprehensive Income Unrealized Gains Losses On Securities Deferred Taxes
AccumulatedOtherComprehensiveIncomeUnrealizedGainsLossesOnSecuritiesDeferredTaxes
13616000
CY2011Q4 gbli Accumulated Other Comprehensive Income Loss Other Than Temporary Impairment Not Credit Loss Before Tax Available For Sale Debt Securities
AccumulatedOtherComprehensiveIncomeLossOtherThanTemporaryImpairmentNotCreditLossBeforeTaxAvailableForSaleDebtSecurities
-179000
CY2011Q4 gbli Ceded Reinsurance Receivables
CededReinsuranceReceivables
283652000
CY2011Q4 gbli Contingent Commission
ContingentCommission
7473000
CY2011Q4 gbli Collateral Securing Reinsurance Receivables
CollateralSecuringReinsuranceReceivables
169002000
CY2011Q4 gbli Fair Value Of Securities On Deposit With Various Regulatory Authorities
FairValueOfSecuritiesOnDepositWithVariousRegulatoryAuthorities
677762000
CY2011Q4 gbli Future Funding Commitments
FutureFundingCommitments
2520000
CY2011Q4 gbli Receivable For Securities Sold
ReceivableForSecuritiesSold
1484000
CY2011Q4 gbli Reinsurance Receivable Net Of Collateral
ReinsuranceReceivableNetOfCollateral
118984000
CY2011Q4 gbli Deferred Tax Liabilities Unrealized Gains Losses On Available For Sale Securities And Other Comprehensive Income
DeferredTaxLiabilitiesUnrealizedGainsLossesOnAvailableForSaleSecuritiesAndOtherComprehensiveIncome
13616000
CY2011Q4 gbli Deferred Tax Assets Partnership K One Basis Differences
DeferredTaxAssetsPartnershipKOneBasisDifferences
884000
CY2011Q4 gbli Deferred Tax Liabilities Partnership K One Basis Differences
DeferredTaxLiabilitiesPartnershipKOneBasisDifferences
CY2011Q4 gbli Deferred Tax Assets Premium Deficiency Reserve
DeferredTaxAssetsPremiumDeficiencyReserve
1190000
CY2011Q4 gbli Deferred Tax Assets Stat To Gaap Reinsurance Reserve
DeferredTaxAssetsStatToGaapReinsuranceReserve
2485000
CY2011Q4 gbli Deferred Tax Assets Intercompany Transfer
DeferredTaxAssetsIntercompanyTransfer
1738000
CY2011Q4 gbli Premium Deficiency Reserves Included In Loss Reserves
PremiumDeficiencyReservesIncludedInLossReserves
4100000
CY2011Q4 gbli Intangible Assets Cost
IntangibleAssetsCost
19350000
CY2012Q4 us-gaap Goodwill
Goodwill
4820000
CY2012Q4 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
3371000
CY2012Q4 us-gaap Supplemental Information For Property Casualty Insurance Underwriters Unearned Premiums
SupplementalInformationForPropertyCasualtyInsuranceUnderwritersUnearnedPremiums
94114000
CY2012Q4 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Less Than Twelve Months Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue
115757000
CY2012Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
10824000
CY2012Q4 us-gaap Liability For Unpaid Claims And Claims Adjustment Expense Net
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseNet
638548000
CY2012Q4 us-gaap Summary Of Investments Other Than Investments In Related Parties Fair Value
SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesFairValue
1426397000
CY2012Q4 us-gaap Other Investments
OtherInvestments
3132000
CY2012Q4 us-gaap Available For Sale Securities Debt Maturities Within One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
87816000
CY2012Q4 us-gaap Share Price
SharePrice
22.13
CY2012Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
512304000
CY2012Q4 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue
152588000
CY2012Q4 us-gaap Restructuring Reserve
RestructuringReserve
883000
CY2012Q4 us-gaap Premiums Receivable At Carrying Value
PremiumsReceivableAtCarryingValue
45162000
CY2012Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
353000
CY2012Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
1046000
CY2012Q4 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue
128418000
CY2012Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
2172000
CY2012Q4 us-gaap Prepaid Reinsurance Premiums
PrepaidReinsurancePremiums
5945000
CY2012Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
189743 shares
CY2012Q4 us-gaap Stockholders Equity
StockholdersEquity
806618000
CY2012Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
4300000
CY2012Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
353000
CY2012Q4 us-gaap Liability For Claims And Claims Adjustment Expense Property Casualty Liability
LiabilityForClaimsAndClaimsAdjustmentExpensePropertyCasualtyLiability
879114000
CY2012Q4 us-gaap Other Investments And Securities At Cost
OtherInvestmentsAndSecuritiesAtCost
3049000
CY2012Q4 us-gaap Payables To Broker Dealers And Clearing Organizations
PayablesToBrokerDealersAndClearingOrganizations
2634000
CY2012Q4 us-gaap Available For Sale Securities Equity Securities
AvailableForSaleSecuritiesEquitySecurities
197075000
CY2012Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Impairment Losses
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsImpairmentLosses
2926000
CY2012Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
3220000
CY2012Q4 us-gaap Liabilities
Liabilities
1097085000
CY2012Q4 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsAmortizedCost
540891000
CY2012Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
1781000
CY2012Q4 us-gaap Other Assets
OtherAssets
17684000
CY2012Q4 us-gaap Available For Sale Securities Amortized Cost
AvailableForSaleSecuritiesAmortizedCost
1357322000
CY2012Q4 us-gaap Availableforsale Securities Continuous Unrealized Loss Position Less Than12 Months Aggregate Losses2
AvailableforsaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLosses2
2879000
CY2012Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2012Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
23734000
CY2012Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
500000
CY2012Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
900000000 shares
CY2012Q4 us-gaap Real Estate Write Down Or Reserve Amount
RealEstateWriteDownOrReserveAmount
0
CY2012Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards Alternative Minimum Tax
DeferredTaxAssetsTaxCreditCarryforwardsAlternativeMinimumTax
9185000
CY2012Q4 us-gaap Reinsurance Recoverables
ReinsuranceRecoverables
241827000
CY2012Q4 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Outstanding Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfOutstandingOptions
464743 shares
CY2012Q4 us-gaap Supplemental Information For Property Casualty Insurance Underwriters Discount Deducted From Reserves
SupplementalInformationForPropertyCasualtyInsuranceUnderwritersDiscountDeductedFromReserves
8000000
CY2012Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
22.52
CY2012Q4 us-gaap Availableforsale Securities Continuous Unrealized Loss Position Aggregate Losses2
AvailableforsaleSecuritiesContinuousUnrealizedLossPositionAggregateLosses2
3723000
CY2012Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
1700000
CY2012Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
1915000
CY2012Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
353000
CY2012Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
2548000
CY2012Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Unearned Premiums Reserve
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsUnearnedPremiumsReserve
2737000
CY2012Q4 us-gaap Available For Sale Securities Debt Maturities Within One Year Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAmortizedCost
86732000
CY2012Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
342171000
CY2012Q4 us-gaap Assets
Assets
1903703000
CY2012Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
19.87
CY2012Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Loss Reserves
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsLossReserves
10375000
CY2012Q4 us-gaap Investments
Investments
1429529000
CY2012Q4 us-gaap Availableforsale Securities Gross Unrealized Gain
AvailableforsaleSecuritiesGrossUnrealizedGain
75930000
CY2012Q4 us-gaap Other Than Temporary Impairment Credit Losses Recognized In Earnings Credit Losses On Debt Securities Held
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld
86000
CY2012Q4 us-gaap Supplemental Information For Property Casualty Insurance Underwriters Deferred Policy Acquisition Costs
SupplementalInformationForPropertyCasualtyInsuranceUnderwritersDeferredPolicyAcquisitionCosts
18265000
CY2012Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1903703000
CY2012Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
1229322000
CY2012Q4 us-gaap Long Term Debt
LongTermDebt
84929000
CY2012Q4 us-gaap Other Liabilities
OtherLiabilities
22182000
CY2012Q4 us-gaap Supplemental Information For Property Casualty Insurance Underwriters Reserves For Unpaid Claims And Claims Adjustment Expense
SupplementalInformationForPropertyCasualtyInsuranceUnderwritersReservesForUnpaidClaimsAndClaimsAdjustmentExpense
879114000
CY2012Q4 us-gaap Treasury Stock Value
TreasuryStockValue
101210000
CY2012Q4 us-gaap Available For Sale Equity Securities Amortized Cost Basis
AvailableForSaleEquitySecuritiesAmortizedCostBasis
167179000
CY2012Q4 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Twelve Months Or Longer Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue
12661000
CY2012Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
104460000
CY2012Q4 us-gaap Available For Sale Securities Gross Unrealized Losses1
AvailableForSaleSecuritiesGrossUnrealizedLosses1
3723000
CY2012Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
18343000
CY2012Q4 us-gaap Income Tax Receivable
IncomeTaxReceivable
6844000
CY2012Q4 us-gaap Liability For Asbestos And Environmental Claims Net
LiabilityForAsbestosAndEnvironmentalClaimsNet
20134000
CY2012Q4 us-gaap Available For Sale Securities Debt Maturities Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAmortizedCost
1187094000
CY2012Q4 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
5431000
CY2012Q4 us-gaap Deferred Tax Liabilities Investments
DeferredTaxLiabilitiesInvestments
398000
CY2012Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
53350000
CY2012Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
353000
CY2012Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
353000
CY2012Q4 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
565413000
CY2012Q4 us-gaap Deferred Policy Acquisition Costs
DeferredPolicyAcquisitionCosts
18265000
CY2012Q4 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
14000000
CY2012Q4 us-gaap Availableforsale Securities Continuous Unrealized Loss Position12 Months Or Longer Aggregate Losses2
AvailableforsaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLosses2
844000
CY2012Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
464743 shares
CY2012Q4 us-gaap Common Stock Value
CommonStockValue
3000
CY2012Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2012Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
1007000
CY2012Q4 us-gaap Reinsurance Payable
ReinsurancePayable
4201000
CY2012Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
34558000
CY2012Q4 us-gaap Liability For Asbestos And Environmental Claims Gross
LiabilityForAsbestosAndEnvironmentalClaimsGross
44767000
CY2012Q4 us-gaap Tax Credit Carryforward Amount
TaxCreditCarryforwardAmount
9200000
CY2012Q4 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsAmortizedCost
148007000
CY2012Q4 us-gaap Premiums Receivable Allowance For Doubtful Accounts
PremiumsReceivableAllowanceForDoubtfulAccounts
1300000
CY2012Q4 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
14670000
CY2012Q4 us-gaap Summary Of Investments Other Than Investments In Related Parties Cost
SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCost
1354273000
CY2012Q4 us-gaap Summary Of Investments Other Than Investments In Related Parties Carrying Amount
SummaryOfInvestmentsOtherThanInvestmentsInRelatedPartiesCarryingAmount
1426397000
CY2012Q4 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
990000
CY2012Q4 us-gaap Unearned Premiums
UnearnedPremiums
94114000
CY2012Q4 us-gaap Statutory Accounting Practices Statutory Capital And Surplus Balance
StatutoryAccountingPracticesStatutoryCapitalAndSurplusBalance
413303000
CY2012Q4 us-gaap Available For Sale Securities Fair Value Disclosure
AvailableForSaleSecuritiesFairValueDisclosure
1429529000
CY2012Q4 gbli Deferred Tax Liabilities Deferred Acquisition Costs
DeferredTaxLiabilitiesDeferredAcquisitionCosts
722000
CY2012Q4 gbli Deferred Tax Liabilities Depreciation And Amortization
DeferredTaxLiabilitiesDepreciationAndAmortization
269000
CY2012Q4 gbli Accumulated Other Comprehensive Income Unrealized Gains Losses On Securities Deferred Taxes
AccumulatedOtherComprehensiveIncomeUnrealizedGainsLossesOnSecuritiesDeferredTaxes
18857000
CY2012Q4 gbli Collateral Securing Reinsurance Receivables
CollateralSecuringReinsuranceReceivables
155082000
CY2012Q4 gbli Fair Value Of Securities On Deposit With Various Regulatory Authorities
FairValueOfSecuritiesOnDepositWithVariousRegulatoryAuthorities
735437000
CY2012Q4 gbli Future Funding Commitments
FutureFundingCommitments
2507000
CY2012Q4 gbli Insurance Enhanced Asset Backed And Credit Securities As Percentage Of Cash And Invested Assets
InsuranceEnhancedAssetBackedAndCreditSecuritiesAsPercentageOfCashAndInvestedAssets
0.014 pure
CY2012Q4 gbli Investment In Insurance Enhanced Municipal Bonds
InvestmentInInsuranceEnhancedMunicipalBonds
42070000
CY2012Q4 gbli Investment In Insurance Enhanced Asset Back And Credit Securities
InvestmentInInsuranceEnhancedAssetBackAndCreditSecurities
21100000
CY2012Q4 gbli Municipal Bonds Ratings With Insurance
MunicipalBondsRatingsWithInsurance
19145000
CY2012Q4 gbli Municipal Bonds Ratings Without Insurance
MunicipalBondsRatingsWithoutInsurance
19145000
CY2012Q4 gbli Reinsurance Receivable Net Of Collateral
ReinsuranceReceivableNetOfCollateral
86745000
CY2012Q4 gbli Accumulated Other Comprehensive Income Loss Other Than Temporary Impairment Not Credit Loss Before Tax Available For Sale Debt Securities
AccumulatedOtherComprehensiveIncomeLossOtherThanTemporaryImpairmentNotCreditLossBeforeTaxAvailableForSaleDebtSecurities
-32000
CY2012Q4 gbli Available For Sale Securities Debt Maturities Due After Fifteen Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesDueAfterFifteenYearsFairValue
35102000
CY2012Q4 gbli Available For Sale Securities Debt Maturities After Ten Through Fifteen Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterTenThroughFifteenYearsFairValue
10993000
CY2012Q4 gbli Available For Sale Securities Debt Maturities Due After Fifteen Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesDueAfterFifteenYearsAmortizedCost
34865000
CY2012Q4 gbli Available For Sale Securities Debt Maturities After Ten Through Fifteen Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterTenThroughFifteenYearsAmortizedCost
9601000
CY2012Q4 gbli Ceded Reinsurance Receivables
CededReinsuranceReceivables
240566000
CY2012Q4 gbli Contingent Commission
ContingentCommission
9911000
CY2012Q4 gbli Deferred Tax Liabilities Unrealized Gains Losses On Available For Sale Securities And Other Comprehensive Income
DeferredTaxLiabilitiesUnrealizedGainsLossesOnAvailableForSaleSecuritiesAndOtherComprehensiveIncome
18857000
CY2012Q4 gbli Deferred Tax Assets Partnership K One Basis Differences
DeferredTaxAssetsPartnershipKOneBasisDifferences
678000
CY2012Q4 gbli Deferred Tax Liabilities Partnership K One Basis Differences
DeferredTaxLiabilitiesPartnershipKOneBasisDifferences
CY2012Q4 gbli Deferred Tax Assets Stat To Gaap Reinsurance Reserve
DeferredTaxAssetsStatToGaapReinsuranceReserve
2361000
CY2012Q4 gbli Deferred Tax Assets Intercompany Transfer
DeferredTaxAssetsIntercompanyTransfer
1980000
CY2012Q4 gbli Intangible Assets Cost
IntangibleAssetsCost
19350000
CY2010Q3 us-gaap Stockholders Equity Note Stock Split Conversion Ratio
StockholdersEquityNoteStockSplitConversionRatio
0.5 pure
CY2012Q2 gbli Percentage Of Outstanding Common Stock Repurchased Pursuant To Tender Offer Option
PercentageOfOutstandingCommonStockRepurchasedPursuantToTenderOfferOption
0.020 pure
CY2010 us-gaap Other Than Temporary Impairment Losses Investments Portion Recognized In Earnings Net Availableforsale Securities
OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNetAvailableforsaleSecurities
468000
CY2010 us-gaap Liability For Unpaid Claims And Claims Adjustment Expense Claims Paid
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseClaimsPaid
228086000
CY2010 us-gaap Increase Decrease In Reinsurance Payables
IncreaseDecreaseInReinsurancePayables
-3633000
CY2010 us-gaap Supplemental Information For Property Casualty Insurance Underwriters Earned Premiums
SupplementalInformationForPropertyCasualtyInsuranceUnderwritersEarnedPremiums
286774000
CY2010 us-gaap Supplemental Information For Property Casualty Insurance Underwriters Current Year Claims And Claims Adjustment Expense
SupplementalInformationForPropertyCasualtyInsuranceUnderwritersCurrentYearClaimsAndClaimsAdjustmentExpense
184460000
CY2010 us-gaap Liability For Asbestos And Environmental Claims Gross Claims Paid
LiabilityForAsbestosAndEnvironmentalClaimsGrossClaimsPaid
1267000
CY2010 us-gaap Investment Income Investment Expense
InvestmentIncomeInvestmentExpense
5981000
CY2010 us-gaap Liability For Asbestos And Environmental Claims Net Claims Paid
LiabilityForAsbestosAndEnvironmentalClaimsNetClaimsPaid
206000
CY2010 us-gaap Increase Decrease In Reinsurance Recoverable
IncreaseDecreaseInReinsuranceRecoverable
-120507000
CY2010 us-gaap Liability For Unpaid Claims And Claims Adjustment Expense Claims Paid Current Year
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseClaimsPaidCurrentYear
49863000
CY2010 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
14970000
CY2010 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
284000
CY2010 us-gaap Marketable Securities Realized Gain Loss Other Than Temporary Impairments Amount
MarketableSecuritiesRealizedGainLossOtherThanTemporaryImpairmentsAmount
511000
CY2010 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
93601000
CY2010 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
45020000
CY2010 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
5408000
CY2010 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
34.00
CY2010 us-gaap Increase Decrease In Unearned Premiums
IncreaseDecreaseInUnearnedPremiums
4290000
CY2010 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
8676000
CY2010 us-gaap Share Based Compensation
ShareBasedCompensation
3510000
CY2010 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.80
CY2010 us-gaap Liability For Unpaid Claims And Claims Adjustment Expense Incurred Claims Prior Years
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseIncurredClaimsPriorYears
-54101000
CY2010 us-gaap Ceded Premiums Earned Property And Casualty
CededPremiumsEarnedPropertyAndCasualty
54699000
CY2010 us-gaap Statutory Accounting Practices Statutory Net Income Amount
StatutoryAccountingPracticesStatutoryNetIncomeAmount
55526000
CY2010 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
3466000
CY2010 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
192000
CY2010 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
4000 shares
CY2010 us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
684635000
CY2010 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
-43000
CY2010 us-gaap Assumed Premiums Earned Property And Casualty
AssumedPremiumsEarnedPropertyAndCasualty
92478000
CY2010 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
5224000
CY2010 us-gaap Direct Premiums Written
DirectPremiumsWritten
245482000
CY2010 us-gaap Depreciation And Amortization
DepreciationAndAmortization
4466000
CY2010 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.095 pure
CY2010 us-gaap Assumed Premiums Written
AssumedPremiumsWritten
100281000
CY2010 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
0
CY2010 us-gaap Liability For Unpaid Claims And Claims Adjustment Expense Claims Paid Prior Years
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseClaimsPaidPriorYears
178223000
CY2010 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-1026000
CY2010 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-64396000
CY2010 us-gaap Investment Income Interest And Dividend
InvestmentIncomeInterestAndDividend
62604000
CY2010 us-gaap Liability For Unpaid Claims And Claims Adjustment Expense Incurred Claims
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseIncurredClaims
130359000
CY2010 us-gaap Increase Decrease In Premiums Receivable
IncreaseDecreaseInPremiumsReceivable
-13054000
CY2010 us-gaap Supplemental Information For Property Casualty Insurance Underwriters Premiums Written
SupplementalInformationForPropertyCasualtyInsuranceUnderwritersPremiumsWritten
296504000
CY2010 us-gaap Deferred Policy Acquisition Cost Amortization Expense
DeferredPolicyAcquisitionCostAmortizationExpense
72100000
CY2010 us-gaap Supplemental Information For Property Casualty Insurance Underwriters Prior Year Claims And Claims Adjustment Expense
SupplementalInformationForPropertyCasualtyInsuranceUnderwritersPriorYearClaimsAndClaimsAdjustmentExpense
-54101000
CY2010 us-gaap Segment Reporting Information Revenue
SegmentReportingInformationRevenue
287067000
CY2010 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
83000
CY2010 us-gaap Stock Option Plan Expense
StockOptionPlanExpense
1200000
CY2010 us-gaap Increase Decrease In Deferred Policy Acquisition Costs
IncreaseDecreaseInDeferredPolicyAcquisitionCosts
-2110000
CY2010 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-66199000
CY2010 us-gaap Ceded Premiums Written
CededPremiumsWritten
49259000
CY2010 us-gaap Increase Decrease In Prepaid Reinsurance Premiums
IncreaseDecreaseInPrepaidReinsurancePremiums
-5442000
CY2010 us-gaap Other Than Temporary Impairment Credit Losses Recognized In Earnings Reductions Change In Status
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsChangeInStatus
CY2010 us-gaap Restricted Stock Expense
RestrictedStockExpense
2300000
CY2010 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
30274259 shares
CY2010 us-gaap Premiums Written Net
PremiumsWrittenNet
296504000
CY2010 us-gaap Supplementary Insurance Information Net Investment Income
SupplementaryInsuranceInformationNetInvestmentIncome
56623000
CY2010 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
93767000
CY2010 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
8730000
CY2010 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.81
CY2010 us-gaap Other Comprehensive Income Loss Reclassification Adjustment For Sale Of Securities Included In Net Income Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentForSaleOfSecuritiesIncludedInNetIncomeNetOfTax
-19400000
CY2010 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
-43000
CY2010 us-gaap Supplemental Information For Property Casualty Insurance Underwriters Net Investment Income
SupplementalInformationForPropertyCasualtyInsuranceUnderwritersNetInvestmentIncome
56623000
CY2010 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-734000
CY2010 us-gaap Liability For Unpaid Claims And Claims Adjustment Expense Incurred Claims Current Year
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseIncurredClaimsCurrentYear
184460000
CY2010 us-gaap Gain Loss On Sale Of Securities Net
GainLossOnSaleOfSecuritiesNet
26905000
CY2010 us-gaap Premiums Earned Net
PremiumsEarnedNet
286774000
CY2010 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-22000
CY2010 us-gaap Other Than Temporary Impairment Credit Losses Recognized In Earnings Reductions Cash Flows
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsCashFlows
CY2010 us-gaap Supplemental Information For Property Casualty Insurance Underwriters Amortization Of Deferred Policy Acquisition Costs
SupplementalInformationForPropertyCasualtyInsuranceUnderwritersAmortizationOfDeferredPolicyAcquisitionCosts
72148000
CY2010 us-gaap Supplementary Insurance Information Benefits Claims Losses And Settlement Expense
SupplementaryInsuranceInformationBenefitsClaimsLossesAndSettlementExpense
130359000
CY2010 us-gaap Revenues
Revenues
370127000
CY2010 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
184000
CY2010 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
1829000
CY2010 us-gaap Proceeds From Sale Of Other Assets
ProceedsFromSaleOfOtherAssets
68000
CY2010 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
8874000
CY2010 us-gaap Payments To Acquire Available For Sale Securities Equity
PaymentsToAcquireAvailableForSaleSecuritiesEquity
109802000
CY2010 us-gaap Supplementary Insurance Information Premiums Written
SupplementaryInsuranceInformationPremiumsWritten
296504000
CY2010 us-gaap Marketable Securities Realized Gain Loss
MarketableSecuritiesRealizedGainLoss
26437000
CY2010 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
30237787 shares
CY2010 us-gaap Supplementary Insurance Information Amortization Of Deferred Policy Acquisition Costs
SupplementaryInsuranceInformationAmortizationOfDeferredPolicyAcquisitionCosts
72148000
CY2010 us-gaap Supplementary Insurance Information Other Operating Expense
SupplementaryInsuranceInformationOtherOperatingExpense
20767000
CY2010 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
5200000
CY2010 us-gaap Other Than Temporary Impairment Losses Investments Portion In Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-88000
CY2010 us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
650386000
CY2010 us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
-3450000
CY2010 us-gaap Supplemental Information For Property Casualty Insurance Underwriters Paid Claims And Claims Adjustment Expense
SupplementalInformationForPropertyCasualtyInsuranceUnderwritersPaidClaimsAndClaimsAdjustmentExpense
235587000
CY2010 us-gaap Other Than Temporary Impairment Credit Losses Recognized In Earnings Additions No Previous Impairment
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsAdditionsNoPreviousImpairment
63000
CY2010 us-gaap Interest Paid
InterestPaid
6962000
CY2010 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
1600000
CY2010 us-gaap Other Than Temporary Impairment Credit Losses Recognized In Earnings Reductions Securities Sold
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsSecuritiesSold
13000
CY2010 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
3466000
CY2010 us-gaap Proceeds From Sale Of Available For Sale Securities Equity
ProceedsFromSaleOfAvailableForSaleSecuritiesEquity
49537000
CY2010 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
350059 shares
CY2010 us-gaap Net Income Loss
NetIncomeLoss
84871000
CY2010 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
-258000
CY2010 us-gaap Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
-400000
CY2010 us-gaap Net Investment Income
NetInvestmentIncome
56623000
CY2010 us-gaap Direct Premiums Earned Property And Casualty
DirectPremiumsEarnedPropertyAndCasualty
248995000
CY2010 us-gaap Supplementary Insurance Information Premium Revenue
SupplementaryInsuranceInformationPremiumRevenue
286774000
CY2010 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-43000
CY2010 us-gaap Increase Decrease In Property And Casualty Insurance Liabilities
IncreaseDecreaseInPropertyAndCasualtyInsuranceLiabilities
-204998000
CY2010 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
28085000
CY2010 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
300000
CY2010 us-gaap Incurred Claims Property Casualty And Liability
IncurredClaimsPropertyCasualtyAndLiability
130359000
CY2010 us-gaap Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable
3576000
CY2010 us-gaap Interest Expense
InterestExpense
7020000
CY2010 gbli Income Tax Reconciliation Other Adjustments Based On Weighted Average
IncomeTaxReconciliationOtherAdjustmentsBasedOnWeightedAverage
-676000
CY2010 gbli Income Tax Reconciliation Deductions Dividends Based On Weighted Average
IncomeTaxReconciliationDeductionsDividendsBasedOnWeightedAverage
436000
CY2010 gbli Income Tax Reconciliation Tax Exempt Income Based On Weighted Average
IncomeTaxReconciliationTaxExemptIncomeBasedOnWeightedAverage
1988000
CY2010 gbli Net Change In Unrealized Gains Losses On Investments
NetChangeInUnrealizedGainsLossesOnInvestments
12138000
CY2011 us-gaap Supplemental Information For Property Casualty Insurance Underwriters Current Year Claims And Claims Adjustment Expense
SupplementalInformationForPropertyCasualtyInsuranceUnderwritersCurrentYearClaimsAndClaimsAdjustmentExpense
275284000
CY2011 us-gaap Liability For Asbestos And Environmental Claims Gross Claims Paid
LiabilityForAsbestosAndEnvironmentalClaimsGrossClaimsPaid
2950000
CY2011 us-gaap Investment Income Investment Expense
InvestmentIncomeInvestmentExpense
4722000
CY2011 us-gaap Liability For Asbestos And Environmental Claims Net Claims Paid
LiabilityForAsbestosAndEnvironmentalClaimsNetClaimsPaid
1995000
CY2010 us-gaap Other Than Temporary Impairment Credit Losses Recognized In Earnings Additions Additional Credit Losses
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsAdditionsAdditionalCreditLosses
15000
CY2010 gbli Other Income Expense
OtherIncomeExpense
293000
CY2010 gbli Acquisition Costs And Other Underwriting Expenses
AcquisitionCostsAndOtherUnderwritingExpenses
118214000
CY2010 gbli Average Investment Portfolio
AverageInvestmentPortfolio
1703237000
CY2010 gbli Changes In Contingent Commissions
ChangesInContingentCommissions
-1909000
CY2010 gbli Corporate And Other Operating Expenses
CorporateAndOtherOperatingExpenses
20767000
CY2010 gbli Effective Income Tax Rate Reconciliation At Weighted Average Tax Rate
EffectiveIncomeTaxRateReconciliationAtWeightedAverageTaxRate
0.128 pure
CY2010 gbli Effective Income Tax Rate Reconciliation Tax Exempt Income Based On Weighted Average
EffectiveIncomeTaxRateReconciliationTaxExemptIncomeBasedOnWeightedAverage
-0.021 pure
CY2010 gbli Effective Income Tax Rate Reconciliation Other Adjustments Based On Weighted Average
EffectiveIncomeTaxRateReconciliationOtherAdjustmentsBasedOnWeightedAverage
-0.007 pure
CY2010 gbli Effective Income Tax Rate Reconciliation Deductions Dividends Based On Weighted Average
EffectiveIncomeTaxRateReconciliationDeductionsDividendsBasedOnWeightedAverage
-0.005 pure
CY2010 gbli Equity In Net Income Loss Of Partnerships Net Of Taxes
EquityInNetIncomeLossOfPartnershipsNetOfTaxes
-33000
CY2010 gbli Income Before Equity In Net Income Loss Of Partnerships
IncomeBeforeEquityInNetIncomeLossOfPartnerships
84893000
CY2010 gbli Gross Written Premiums
GrossWrittenPremiums
345763000
CY2010 gbli Income Loss From Segments
IncomeLossFromSegments
38494000
CY2010 gbli Income Tax Reconciliation Income Tax Expense Benefit At Weighted Average Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtWeightedAverageTaxRate
11974000
CY2010 gbli Other Than Temporary Impairment Losses Gross
OtherThanTemporaryImpairmentLossesGross
121000
CY2010 gbli Other Than Temporary Impairments On Fixed Maturities
OtherThanTemporaryImpairmentsOnFixedMaturities
78000
CY2010 gbli Other Than Temporary Impairments On Common Stock
OtherThanTemporaryImpairmentsOnCommonStock
390000
CY2010 gbli Percentage Of Investment Return
PercentageOfInvestmentReturn
0.056 pure
CY2010 gbli Total Return On Investments
TotalReturnOnInvestments
95165000
CY2010 gbli Total Unrealized And Realized Investment Gains Losses
TotalUnrealizedAndRealizedInvestmentGainsLosses
38542000
CY2010 gbli Share Based Compensation Arrangement By Share Based Payment Award Options Repurchased
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsRepurchased
shares
CY2010 gbli Share Based Compensation Arrangements By Share Based Payment Award Options Repurchased In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsRepurchasedInPeriodWeightedAverageExercisePrice
CY2010 gbli Gross Basis Survival Ratio For Asbestos And Environmental Claims Period
GrossBasisSurvivalRatioForAsbestosAndEnvironmentalClaimsPeriod
P5Y6M
CY2010 gbli Net Basis Survival Ratio For Asbestos And Environmental Claims Period
NetBasisSurvivalRatioForAsbestosAndEnvironmentalClaimsPeriod
P6Y
CY2011 us-gaap Other Than Temporary Impairment Losses Investments Portion Recognized In Earnings Net Availableforsale Securities
OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNetAvailableforsaleSecurities
6628000
CY2011 us-gaap Liability For Unpaid Claims And Claims Adjustment Expense Claims Paid
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseClaimsPaid
236507000
CY2011 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.014 pure
CY2011 us-gaap Increase Decrease In Reinsurance Payables
IncreaseDecreaseInReinsurancePayables
-3489000
CY2011 us-gaap Supplemental Information For Property Casualty Insurance Underwriters Earned Premiums
SupplementalInformationForPropertyCasualtyInsuranceUnderwritersEarnedPremiums
297854000
CY2011 us-gaap Increase Decrease In Reinsurance Recoverable
IncreaseDecreaseInReinsuranceRecoverable
-134858000
CY2011 us-gaap Liability For Unpaid Claims And Claims Adjustment Expense Claims Paid Current Year
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseClaimsPaidCurrentYear
78340000
CY2011 us-gaap Increase Decrease In Loss And Loss Adjustment Expense Reserve
IncreaseDecreaseInLossAndLossAdjustmentExpenseReserve
5100000
CY2011 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
18285000
CY2011 us-gaap Marketable Securities Realized Gain Loss Other Than Temporary Impairments Amount
MarketableSecuritiesRealizedGainLossOtherThanTemporaryImpairmentsAmount
6628000
CY2011 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-55375000
CY2011 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
45225000
CY2011 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
2618000
CY2011 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
34.00
CY2011 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.000 pure
CY2011 us-gaap Increase Decrease In Unearned Premiums
IncreaseDecreaseInUnearnedPremiums
-21831000
CY2011 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
1153000
CY2011 us-gaap Share Based Compensation
ShareBasedCompensation
-651000
CY2011 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
18.03
CY2011 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-1.27
CY2011 us-gaap Liability For Unpaid Claims And Claims Adjustment Expense Incurred Claims Prior Years
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseIncurredClaimsPriorYears
3400000
CY2011 us-gaap Ceded Premiums Earned Property And Casualty
CededPremiumsEarnedPropertyAndCasualty
31882000
CY2011 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
23.80
CY2011 us-gaap Statutory Accounting Practices Statutory Net Income Amount
StatutoryAccountingPracticesStatutoryNetIncomeAmount
30792000
CY2011 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
169000
CY2011 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
29532000
CY2011 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
8150 shares
CY2011 us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
635736000
CY2011 us-gaap Assumed Premiums Earned Property And Casualty
AssumedPremiumsEarnedPropertyAndCasualty
81920000
CY2011 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
414000
CY2011 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
1889000
CY2011 us-gaap Direct Premiums Written
DirectPremiumsWritten
228910000
CY2011 us-gaap Depreciation And Amortization
DepreciationAndAmortization
2224000
CY2011 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.078 pure
CY2011 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P6Y2M12D
CY2011 us-gaap Assumed Premiums Written
AssumedPremiumsWritten
78993000
CY2011 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
0
CY2011 us-gaap Liability For Unpaid Claims And Claims Adjustment Expense Claims Paid Prior Years
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseClaimsPaidPriorYears
158167000
CY2011 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-7738000
CY2011 us-gaap Proceeds From Sale Of Other Investments
ProceedsFromSaleOfOtherInvestments
9217000
CY2011 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
111659000
CY2011 us-gaap Investment Income Interest And Dividend
InvestmentIncomeInterestAndDividend
57834000
CY2011 us-gaap Liability For Unpaid Claims And Claims Adjustment Expense Incurred Claims
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseIncurredClaims
278684000
CY2011 us-gaap Increase Decrease In Premiums Receivable
IncreaseDecreaseInPremiumsReceivable
-8813000
CY2011 us-gaap Supplemental Information For Property Casualty Insurance Underwriters Premiums Written
SupplementalInformationForPropertyCasualtyInsuranceUnderwritersPremiumsWritten
280570000
CY2011 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
200000
CY2011 us-gaap Deferred Policy Acquisition Cost Amortization Expense
DeferredPolicyAcquisitionCostAmortizationExpense
78100000
CY2011 us-gaap Supplemental Information For Property Casualty Insurance Underwriters Prior Year Claims And Claims Adjustment Expense
SupplementalInformationForPropertyCasualtyInsuranceUnderwritersPriorYearClaimsAndClaimsAdjustmentExpense
3400000
CY2011 us-gaap Segment Reporting Information Revenue
SegmentReportingInformationRevenue
310435000
CY2011 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
76000
CY2011 us-gaap Stock Option Plan Expense
StockOptionPlanExpense
-1800000
CY2011 us-gaap Increase Decrease In Deferred Policy Acquisition Costs
IncreaseDecreaseInDeferredPolicyAcquisitionCosts
7795000
CY2011 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
55972000
CY2011 us-gaap Ceded Premiums Written
CededPremiumsWritten
27333000
CY2011 us-gaap Restricted Stock Expense
RestrictedStockExpense
1200000
CY2011 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
30246095 shares
CY2011 us-gaap Increase Decrease In Prepaid Reinsurance Premiums
IncreaseDecreaseInPrepaidReinsurancePremiums
-4549000
CY2011 us-gaap Other Than Temporary Impairment Credit Losses Recognized In Earnings Reductions Change In Status
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsChangeInStatus
CY2011 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
8347 shares
CY2011 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
400000 shares
CY2011 us-gaap Premiums Written Net
PremiumsWrittenNet
280570000
CY2011 us-gaap Supplementary Insurance Information Net Investment Income
SupplementaryInsuranceInformationNetInvestmentIncome
53112000
CY2011 us-gaap Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
1578728 shares
CY2011 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-35604000
CY2011 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-17037000
CY2011 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-1.27
CY2011 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
-87000
CY2011 us-gaap Supplemental Information For Property Casualty Insurance Underwriters Net Investment Income
SupplementalInformationForPropertyCasualtyInsuranceUnderwritersNetInvestmentIncome
53112000
CY2011 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-47949000
CY2011 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
18.71
CY2011 us-gaap Other Comprehensive Income Loss Reclassification Adjustment For Sale Of Securities Included In Net Income Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentForSaleOfSecuritiesIncludedInNetIncomeNetOfTax
-14724000
CY2011 us-gaap Liability For Unpaid Claims And Claims Adjustment Expense Incurred Claims Current Year
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseIncurredClaimsCurrentYear
275284000
CY2011 us-gaap Payments To Acquire Available For Sale Securities Equity
PaymentsToAcquireAvailableForSaleSecuritiesEquity
145355000
CY2011 us-gaap Stock Repurchase Program Authorized Amount
StockRepurchaseProgramAuthorizedAmount
125000000
CY2011 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
155887 shares
CY2011 us-gaap Supplementary Insurance Information Premiums Written
SupplementaryInsuranceInformationPremiumsWritten
280570000
CY2011 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.5521 pure
CY2011 us-gaap Marketable Securities Realized Gain Loss
MarketableSecuritiesRealizedGainLoss
21473000
CY2011 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
30246095 shares
CY2011 us-gaap Supplementary Insurance Information Amortization Of Deferred Policy Acquisition Costs
SupplementaryInsuranceInformationAmortizationOfDeferredPolicyAcquisitionCosts
78124000
CY2011 us-gaap Supplementary Insurance Information Other Operating Expense
SupplementaryInsuranceInformationOtherOperatingExpense
13973000
CY2011 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
4100000
CY2011 us-gaap Other Than Temporary Impairment Losses Investments Portion In Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
31000
CY2011 us-gaap Gain Loss On Sale Of Securities Net
GainLossOnSaleOfSecuritiesNet
28101000
CY2011 us-gaap Premiums Earned Net
PremiumsEarnedNet
297854000
CY2011 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
53000
CY2011 us-gaap Other Than Temporary Impairment Credit Losses Recognized In Earnings Reductions Cash Flows
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsCashFlows
CY2011 us-gaap Supplemental Information For Property Casualty Insurance Underwriters Amortization Of Deferred Policy Acquisition Costs
SupplementalInformationForPropertyCasualtyInsuranceUnderwritersAmortizationOfDeferredPolicyAcquisitionCosts
78124000
CY2011 us-gaap Deferred Policy Acquisition Costs Period Increase Decrease
DeferredPolicyAcquisitionCostsPeriodIncreaseDecrease
-8200000
CY2011 us-gaap Supplementary Insurance Information Benefits Claims Losses And Settlement Expense
SupplementaryInsuranceInformationBenefitsClaimsLossesAndSettlementExpense
278684000
CY2011 us-gaap Revenues
Revenues
385020000
CY2011 us-gaap Reinsurance Loss On Uncollectible Accounts In Period Amount
ReinsuranceLossOnUncollectibleAccountsInPeriodAmount
2700000
CY2011 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
729000
CY2011 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
5025000
CY2011 us-gaap Proceeds From Sale Of Other Assets
ProceedsFromSaleOfOtherAssets
10565000
CY2011 us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
724969000
CY2011 us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
-6196000
CY2011 us-gaap Supplemental Information For Property Casualty Insurance Underwriters Paid Claims And Claims Adjustment Expense
SupplementalInformationForPropertyCasualtyInsuranceUnderwritersPaidClaimsAndClaimsAdjustmentExpense
236507000
CY2011 us-gaap Interest Paid
InterestPaid
6900000
CY2011 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
1100000
CY2011 us-gaap Other Than Temporary Impairment Credit Losses Recognized In Earnings Reductions Securities Sold
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsSecuritiesSold
29000
CY2011 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
169000
CY2011 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
551732 shares
CY2011 us-gaap Proceeds From Sale Of Available For Sale Securities Equity
ProceedsFromSaleOfAvailableForSaleSecuritiesEquity
122045000
CY2011 us-gaap Payments To Acquire Other Investments
PaymentsToAcquireOtherInvestments
10054000
CY2011 us-gaap Net Income Loss
NetIncomeLoss
-38338000
CY2011 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
-132000
CY2011 us-gaap Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
400000
CY2011 us-gaap Net Investment Income
NetInvestmentIncome
53112000
CY2011 us-gaap Direct Premiums Earned Property And Casualty
DirectPremiumsEarnedPropertyAndCasualty
247816000
CY2011 us-gaap Supplementary Insurance Information Premium Revenue
SupplementaryInsuranceInformationPremiumRevenue
297854000
CY2011 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2787000
CY2011 us-gaap Increase Decrease In Property And Casualty Insurance Liabilities
IncreaseDecreaseInPropertyAndCasualtyInsuranceLiabilities
-81366000
CY2011 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-2195000
CY2011 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
400000
CY2011 us-gaap Incurred Claims Property Casualty And Liability
IncurredClaimsPropertyCasualtyAndLiability
278684000
CY2011 us-gaap Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable
-2277000
CY2011 us-gaap Interest Expense
InterestExpense
6476000
CY2011 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
9.52
CY2011 gbli Other Income Expense
OtherIncomeExpense
12581000
CY2011 gbli Acquisition Costs And Other Underwriting Expenses
AcquisitionCostsAndOtherUnderwritingExpenses
121491000
CY2011 gbli Allowance For Uncollectible Reinsurance Receivables
AllowanceForUncollectibleReinsuranceReceivables
10021000
CY2011 gbli Average Investment Portfolio
AverageInvestmentPortfolio
1680813000
CY2011 gbli Changes In Contingent Commissions
ChangesInContingentCommissions
-1787000
CY2011 gbli Corporate And Other Operating Expenses
CorporateAndOtherOperatingExpenses
13973000
CY2011 gbli Effective Income Tax Rate Reconciliation At Weighted Average Tax Rate
EffectiveIncomeTaxRateReconciliationAtWeightedAverageTaxRate
-0.161 pure
CY2011 gbli Effective Income Tax Rate Reconciliation Tax Exempt Income Based On Weighted Average
EffectiveIncomeTaxRateReconciliationTaxExemptIncomeBasedOnWeightedAverage
0.054 pure
CY2011 gbli Effective Income Tax Rate Reconciliation Other Adjustments Based On Weighted Average
EffectiveIncomeTaxRateReconciliationOtherAdjustmentsBasedOnWeightedAverage
0.008 pure
CY2011 gbli Effective Income Tax Rate Reconciliation Deductions Dividends Based On Weighted Average
EffectiveIncomeTaxRateReconciliationDeductionsDividendsBasedOnWeightedAverage
0.021 pure
CY2011 gbli Equity In Net Income Loss Of Partnerships Net Of Taxes
EquityInNetIncomeLossOfPartnershipsNetOfTaxes
81000
CY2011 gbli Income Before Equity In Net Income Loss Of Partnerships
IncomeBeforeEquityInNetIncomeLossOfPartnerships
-38391000
CY2011 gbli Gross Written Premiums
GrossWrittenPremiums
307903000
CY2011 gbli Income Loss From Segments
IncomeLossFromSegments
-89740000
CY2011 gbli Income Tax Reconciliation Income Tax Expense Benefit At Weighted Average Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtWeightedAverageTaxRate
5740000
CY2011 gbli Income Tax Reconciliation Other Adjustments Based On Weighted Average
IncomeTaxReconciliationOtherAdjustmentsBasedOnWeightedAverage
-304000
CY2011 gbli Income Tax Reconciliation Deductions Dividends Based On Weighted Average
IncomeTaxReconciliationDeductionsDividendsBasedOnWeightedAverage
734000
CY2011 gbli Income Tax Reconciliation Tax Exempt Income Based On Weighted Average
IncomeTaxReconciliationTaxExemptIncomeBasedOnWeightedAverage
1915000
CY2011 gbli Net Change In Unrealized Gains Losses On Investments
NetChangeInUnrealizedGainsLossesOnInvestments
-22882000
CY2011 gbli Other Than Temporary Impairment Losses Gross
OtherThanTemporaryImpairmentLossesGross
2449000
CY2011 gbli Other Than Temporary Impairments On Fixed Maturities
OtherThanTemporaryImpairmentsOnFixedMaturities
2449000
CY2011 gbli Other Than Temporary Impairments On Common Stock
OtherThanTemporaryImpairmentsOnCommonStock
4179000
CY2011 gbli Percentage Of Investment Return
PercentageOfInvestmentReturn
0.031 pure
CY2011 gbli Total Number Of Shares Purchased As Part Of Publicly Announced Plan
TotalNumberOfSharesPurchasedAsPartOfPubliclyAnnouncedPlan
1570381 shares
CY2011 gbli Total Return On Investments
TotalReturnOnInvestments
51784000
CY2011 gbli Total Unrealized And Realized Investment Gains Losses
TotalUnrealizedAndRealizedInvestmentGainsLosses
-1328000
CY2011 gbli Purchase Accounting Adjustments
PurchaseAccountingAdjustments
10000000
CY2011 gbli Share Based Compensation Arrangement By Share Based Payment Award Options Repurchased
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsRepurchased
shares
CY2011 gbli Premium Deficiency Charges
PremiumDeficiencyCharges
13300000
CY2011 gbli Share Based Compensation Arrangements By Share Based Payment Award Options Repurchased In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsRepurchasedInPeriodWeightedAverageExercisePrice
CY2011 gbli Increase Decrease In Acquisition And Loss And Loss Adjustment Expenses
IncreaseDecreaseInAcquisitionAndLossAndLossAdjustmentExpenses
8900000
CY2011 gbli Premium Deficiency Charges Expensed Regardless As Result Of Amortization Of Deferred Acquisition Costs And Recognition Of Loss And Loss Adjustment Expenses Incurred
PremiumDeficiencyChargesExpensedRegardlessAsResultOfAmortizationOfDeferredAcquisitionCostsAndRecognitionOfLossAndLossAdjustmentExpensesIncurred
4400000
CY2011 gbli Gross Basis Survival Ratio For Asbestos And Environmental Claims Period
GrossBasisSurvivalRatioForAsbestosAndEnvironmentalClaimsPeriod
P8Y10M24D
CY2011 gbli Net Basis Survival Ratio For Asbestos And Environmental Claims Period
NetBasisSurvivalRatioForAsbestosAndEnvironmentalClaimsPeriod
P6Y4M24D
CY2011 gbli Premium Deficiency Charges Per Share Diluted
PremiumDeficiencyChargesPerShareDiluted
0.24
CY2012 dei Trading Symbol
TradingSymbol
GBLI
CY2012 dei Entity Registrant Name
EntityRegistrantName
GLOBAL INDEMNITY PLC
CY2012 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2012 dei Amendment Flag
AmendmentFlag
false
CY2012 dei Entity Filer Category
EntityFilerCategory
Accelerated Filer
CY2012 dei Entity Listing Description
EntityListingDescription
A ordinary shares
CY2012 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
FY
CY2012 dei Entity Voluntary Filers
EntityVoluntaryFilers
No
CY2012 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2012
CY2012 dei Document Type
DocumentType
10-K
CY2012 dei Entity Incorporation State Country Name
EntityIncorporationStateCountryName
Ireland
CY2012 dei Document Period End Date
DocumentPeriodEndDate
2012-12-31
CY2012 dei Entity Incorporation Date Of Incorporation
EntityIncorporationDateOfIncorporation
2010-03-09
CY2012 dei Entity Central Index Key
EntityCentralIndexKey
0001494904
CY2012 dei Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
No
CY2012 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2012 us-gaap Other Than Temporary Impairment Losses Investments Portion Recognized In Earnings Net Availableforsale Securities
OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNetAvailableforsaleSecurities
5373000
CY2012 us-gaap Liability For Unpaid Claims And Claims Adjustment Expense Claims Paid
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseClaimsPaid
202805000
CY2012 us-gaap Increase Decrease In Reinsurance Payables
IncreaseDecreaseInReinsurancePayables
-4686000
CY2012 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
0
CY2012 us-gaap Supplemental Information For Property Casualty Insurance Underwriters Earned Premiums
SupplementalInformationForPropertyCasualtyInsuranceUnderwritersEarnedPremiums
238862000
CY2012 us-gaap Comparability Of Prior Year Financial Data
ComparabilityOfPriorYearFinancialData
<div> <p style="MARGIN-TOP: 18px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Times New Roman" size="2"><b><i>Out-of-Period Adjustment</i></b></font></p> <p style="MARGIN-TOP: 6px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Times New Roman" size="2">During the preparation of the Company&#x2019;s consolidated financial statements for the year ended December&#xA0;31, 2012, the Company identified an error in the consolidated financial statements as of and for the years ended December&#xA0;31, 2011, 2010 and 2009 related to the recognition of incurred losses on two of the assumed reinsurance treaties at the Company&#x2019;s Reinsurance Operations. These contracts relate to accident years 2009 and 2010 and have not been renewed. During the years ended December&#xA0;31, 2009, 2010 and 2011, the Company&#x2019;s internal calculations over-recorded the profitability of these two treaties, resulting in net income and equity being overstated by approximately $1.6 million over the three year period. There was no impact to the Company&#x2019;s cash flows during these periods.</font></p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Times New Roman" size="2">The Company has corrected this error in its consolidated financial statements as of and for the year ended December&#xA0;31, 2012 by increasing the &#x201C;Unpaid losses and loss adjustment expenses&#x201D; line item on the consolidated balance sheet and the &#x201C;Net losses and loss adjustment expenses&#x201D; line item on the consolidated statement of operations by $1.6 million, or $0.06 per diluted share, the cumulative effect of the error. The Company does not believe that that these adjustments are material to any prior years&#x2019; consolidated financial statements. As a result, the Company has not restated or adjusted any prior period amounts for this error.</font></p> </div>
CY2012 us-gaap Supplemental Information For Property Casualty Insurance Underwriters Current Year Claims And Claims Adjustment Expense
SupplementalInformationForPropertyCasualtyInsuranceUnderwritersCurrentYearClaimsAndClaimsAdjustmentExpense
149183000
CY2012 us-gaap Liability For Asbestos And Environmental Claims Gross Claims Paid
LiabilityForAsbestosAndEnvironmentalClaimsGrossClaimsPaid
7661000
CY2012 us-gaap Investment Income Investment Expense
InvestmentIncomeInvestmentExpense
4457000
CY2012 us-gaap Liability For Asbestos And Environmental Claims Net Claims Paid
LiabilityForAsbestosAndEnvironmentalClaimsNetClaimsPaid
6402000
CY2012 us-gaap Increase Decrease In Reinsurance Recoverable
IncreaseDecreaseInReinsuranceRecoverable
-46159000
CY2012 us-gaap Liability For Unpaid Claims And Claims Adjustment Expense Claims Paid Current Year
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseClaimsPaidCurrentYear
52164000
CY2012 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
18071000
CY2012 us-gaap Marketable Securities Realized Gain Loss Other Than Temporary Impairments Amount
MarketableSecuritiesRealizedGainLossOtherThanTemporaryImpairmentsAmount
5914000
CY2012 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
47933000
CY2012 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
73370000
CY2012 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
-4393000
CY2012 us-gaap Share Based Compensation
ShareBasedCompensation
2625000
CY2012 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.30
CY2012 us-gaap Liability For Unpaid Claims And Claims Adjustment Expense Incurred Claims Prior Years
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseIncurredClaimsPriorYears
4445000
CY2012 us-gaap Ceded Premiums Earned Property And Casualty
CededPremiumsEarnedPropertyAndCasualty
25118000
CY2012 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
24.09
CY2012 us-gaap Statutory Accounting Practices Statutory Net Income Amount
StatutoryAccountingPracticesStatutoryNetIncomeAmount
10813000
CY2012 us-gaap Increase Decrease In Unearned Premiums
IncreaseDecreaseInUnearnedPremiums
-19927000
CY2012 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
6788000
CY2012 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-1463000
CY2012 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
5000 shares
CY2012 us-gaap Schedule Of Liability For Unpaid Claims And Claims Adjustment Expense
ScheduleOfLiabilityForUnpaidClaimsAndClaimsAdjustmentExpense
<div> <p style="MARGIN-TOP: 6px; 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"> &#xA0;</p> <table style="BORDER-COLLAPSE: collapse" border="0" cellspacing="0" cellpadding="0" width="100%" align="center"> <tr> <td width="68%"></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">&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" colspan="10" align="center"><font style="FONT-FAMILY: Times New Roman" size="1"><b>Years Ended December&#xA0;31,</b></font></td> <td valign="bottom"><font size="1">&#xA0;</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">&#xA0;&#xA0;</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">&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</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">&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</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>2010</b></font></td> <td valign="bottom"><font size="1">&#xA0;</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">Balance at beginning of period</font></p> </td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</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">&#xA0;&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">1,052,743</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">1,257,741</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;&#xA0;</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 recoverable</font></p> </td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;</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">&#xA0;&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;</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">&#xA0;&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">514,466</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;&#xA0;</font></td> </tr> <tr style="FONT-SIZE: 1px"> <td valign="bottom"></td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid">&#xA0;</p> </td> <td>&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid">&#xA0;</p> </td> <td>&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid">&#xA0;</p> </td> <td>&#xA0;</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">&#xA0;&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;</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">&#xA0;&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;</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">&#xA0;&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">743,275</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;&#xA0;</font></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">&#xA0;&#xA0;</font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</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">&#xA0;&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">149,183</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">275,284</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">184,460</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;&#xA0;</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">&#xA0;&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">4,445</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">3,400</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">(54,101</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">)&#xA0;</font></td> </tr> <tr style="FONT-SIZE: 1px"> <td valign="bottom"></td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid">&#xA0;</p> </td> <td>&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid">&#xA0;</p> </td> <td>&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid">&#xA0;</p> </td> <td>&#xA0;</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">&#xA0;&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">153,628</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">278,684</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">130,359</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;&#xA0;</font></td> </tr> <tr style="FONT-SIZE: 1px"> <td valign="bottom"></td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid">&#xA0;</p> </td> <td>&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid">&#xA0;</p> </td> <td>&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid">&#xA0;</p> </td> <td>&#xA0;</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">&#xA0;&#xA0;</font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</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">&#xA0;&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">52,164</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">78,340</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">49,863</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;&#xA0;</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">&#xA0;&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">150,641</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">158,167</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">178,223</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;&#xA0;</font></td> </tr> <tr style="FONT-SIZE: 1px"> <td valign="bottom"></td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid">&#xA0;</p> </td> <td>&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid">&#xA0;</p> </td> <td>&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid">&#xA0;</p> </td> <td>&#xA0;</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">&#xA0;&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">202,805</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">236,507</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">228,086</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;&#xA0;</font></td> </tr> <tr style="FONT-SIZE: 1px"> <td valign="bottom"></td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid">&#xA0;</p> </td> <td>&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid">&#xA0;</p> </td> <td>&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid">&#xA0;</p> </td> <td>&#xA0;</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">&#xA0;&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">638,548</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;</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">&#xA0;&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;</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">&#xA0;&#xA0;</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">&#xA0;&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">240,566</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;</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">&#xA0;&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;</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">&#xA0;&#xA0;</font></td> </tr> <tr style="FONT-SIZE: 1px"> <td valign="bottom"></td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid">&#xA0;</p> </td> <td>&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid">&#xA0;</p> </td> <td>&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid">&#xA0;</p> </td> <td>&#xA0;</td> </tr> <tr> <td valign="top"> <p style="TEXT-INDENT: -1em; MARGIN-LEFT: 3em"><font style="FONT-FAMILY: Times New Roman" size="2">Balance at end of period</font></p> </td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">879,114</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">$</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">&#xA0;&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</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">&#xA0;&#xA0;</font></td> </tr> <tr style="FONT-SIZE: 1px"> <td valign="bottom"></td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: #000000 3px double">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 3px double">&#xA0;</p> </td> <td>&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: #000000 3px double">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 3px double">&#xA0;</p> </td> <td>&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: #000000 3px double">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 3px double">&#xA0;</p> </td> <td>&#xA0;</td> </tr> </table> </div>
CY2012 us-gaap Defined Contribution Plan Maximum Annual Contribution Per Employee Percent
DefinedContributionPlanMaximumAnnualContributionPerEmployeePercent
0.06 pure
CY2012 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
82959000
CY2012 us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
457150000
CY2012 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
CY2012 us-gaap Assumed Premiums Earned Property And Casualty
AssumedPremiumsEarnedPropertyAndCasualty
60393000
CY2012 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
277000
CY2012 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
-3765000
CY2012 us-gaap Direct Premiums Written
DirectPremiumsWritten
201787000
CY2012 us-gaap Depreciation And Amortization
DepreciationAndAmortization
1880000
CY2012 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.203 pure
CY2012 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
64643000
CY2012 us-gaap Investment Income Interest And Dividend
InvestmentIncomeInterestAndDividend
52014000
CY2012 us-gaap Supplementary Insurance Information Premiums Written
SupplementaryInsuranceInformationPremiumsWritten
219547000
CY2012 us-gaap Liability For Unpaid Claims And Claims Adjustment Expense Claims Paid Prior Years
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseClaimsPaidPriorYears
150641000
CY2012 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-35013000
CY2012 us-gaap Proceeds From Sale Of Other Investments
ProceedsFromSaleOfOtherInvestments
1114000
CY2012 us-gaap Assumed Premiums Written
AssumedPremiumsWritten
42266000
CY2012 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
100000
CY2012 us-gaap Liability For Unpaid Claims And Claims Adjustment Expense Incurred Claims
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseIncurredClaims
153628000
CY2012 us-gaap Increase Decrease In Premiums Receivable
IncreaseDecreaseInPremiumsReceivable
-2682000
CY2012 us-gaap Supplemental Information For Property Casualty Insurance Underwriters Premiums Written
SupplementalInformationForPropertyCasualtyInsuranceUnderwritersPremiumsWritten
219547000
CY2012 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
100000
CY2012 us-gaap Deferred Policy Acquisition Cost Amortization Expense
DeferredPolicyAcquisitionCostAmortizationExpense
48900000
CY2012 us-gaap Supplemental Information For Property Casualty Insurance Underwriters Prior Year Claims And Claims Adjustment Expense
SupplementalInformationForPropertyCasualtyInsuranceUnderwritersPriorYearClaimsAndClaimsAdjustmentExpense
4445000
CY2012 us-gaap Segment Reporting Information Revenue
SegmentReportingInformationRevenue
238704000
CY2012 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
20.00
CY2012 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
59000
CY2012 us-gaap Stock Option Plan Expense
StockOptionPlanExpense
1200000
CY2012 us-gaap Increase Decrease In Deferred Policy Acquisition Costs
IncreaseDecreaseInDeferredPolicyAcquisitionCosts
3299000
CY2012 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-71400000
CY2012 us-gaap Ceded Premiums Written
CededPremiumsWritten
24506000
CY2012 us-gaap Increase Decrease In Prepaid Reinsurance Premiums
IncreaseDecreaseInPrepaidReinsurancePremiums
-610000
CY2012 us-gaap Other Than Temporary Impairment Credit Losses Recognized In Earnings Reductions Change In Status
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsChangeInStatus
CY2012 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
4997 shares
CY2012 us-gaap Restricted Stock Expense
RestrictedStockExpense
1800000
CY2012 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
26748833 shares
CY2012 us-gaap Premiums Written Net
PremiumsWrittenNet
219547000
CY2012 us-gaap Supplementary Insurance Information Net Investment Income
SupplementaryInsuranceInformationNetInvestmentIncome
47557000
CY2012 us-gaap Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
3809415 shares
CY2012 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
28901000
CY2012 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
13176000
CY2012 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.30
CY2012 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
-117000
CY2012 us-gaap Supplemental Information For Property Casualty Insurance Underwriters Net Investment Income
SupplementalInformationForPropertyCasualtyInsuranceUnderwritersNetInvestmentIncome
47557000
CY2012 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-101030000
CY2012 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
21.37
CY2012 us-gaap Other Comprehensive Income Loss Reclassification Adjustment For Sale Of Securities Included In Net Income Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentForSaleOfSecuritiesIncludedInNetIncomeNetOfTax
5448000
CY2012 us-gaap Liability For Unpaid Claims And Claims Adjustment Expense Incurred Claims Current Year
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseIncurredClaimsCurrentYear
149183000
CY2012 us-gaap Payments To Acquire Available For Sale Securities Equity
PaymentsToAcquireAvailableForSaleSecuritiesEquity
57509000
CY2012 us-gaap Stock Repurchase Program Authorized Amount
StockRepurchaseProgramAuthorizedAmount
125000000
CY2012 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
96238 shares
CY2012 us-gaap Marketable Securities Realized Gain Loss
MarketableSecuritiesRealizedGainLoss
6755000
CY2012 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
26722772 shares
CY2012 us-gaap Supplementary Insurance Information Amortization Of Deferred Policy Acquisition Costs
SupplementaryInsuranceInformationAmortizationOfDeferredPolicyAcquisitionCosts
48852000
CY2012 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 Segment
CY2012 us-gaap Supplementary Insurance Information Other Operating Expense
SupplementaryInsuranceInformationOtherOperatingExpense
9691000
CY2012 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
2200000
CY2012 us-gaap Other Than Temporary Impairment Losses Investments Portion In Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
538000
CY2012 us-gaap Gain Loss On Sale Of Securities Net
GainLossOnSaleOfSecuritiesNet
12128000
CY2012 us-gaap Premiums Earned Net
PremiumsEarnedNet
238862000
CY2012 us-gaap Other Than Temporary Impairment Credit Losses Recognized In Earnings Reductions Cash Flows
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsCashFlows
CY2012 us-gaap Supplemental Information For Property Casualty Insurance Underwriters Amortization Of Deferred Policy Acquisition Costs
SupplementalInformationForPropertyCasualtyInsuranceUnderwritersAmortizationOfDeferredPolicyAcquisitionCosts
48852000
CY2012 us-gaap Supplementary Insurance Information Benefits Claims Losses And Settlement Expense
SupplementaryInsuranceInformationBenefitsClaimsLossesAndSettlementExpense
153628000
CY2012 us-gaap Revenues
Revenues
293016000
CY2012 us-gaap Reinsurance Loss On Uncollectible Accounts In Period Amount
ReinsuranceLossOnUncollectibleAccountsInPeriodAmount
1000000
CY2012 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
-628000
CY2012 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
227000
CY2012 us-gaap Proceeds From Sale Of Other Assets
ProceedsFromSaleOfOtherAssets
1114000
CY2012 us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
454655000
CY2012 us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
-6981000
CY2012 us-gaap Supplemental Information For Property Casualty Insurance Underwriters Paid Claims And Claims Adjustment Expense
SupplementalInformationForPropertyCasualtyInsuranceUnderwritersPaidClaimsAndClaimsAdjustmentExpense
202786000
CY2012 us-gaap Other Than Temporary Impairment Credit Losses Recognized In Earnings Additions No Previous Impairment
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsAdditionsNoPreviousImpairment
55000
CY2012 us-gaap Interest Paid
InterestPaid
5895000
CY2012 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
1100000
CY2012 us-gaap Other Than Temporary Impairment Credit Losses Recognized In Earnings Reductions Securities Sold
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsSecuritiesSold
55000
CY2012 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-1463000
CY2012 us-gaap Proceeds From Sale Of Available For Sale Securities Equity
ProceedsFromSaleOfAvailableForSaleSecuritiesEquity
50176000
CY2012 us-gaap Payments To Acquire Other Investments
PaymentsToAcquireOtherInvestments
13000
CY2012 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
452450 shares
CY2012 us-gaap Quantifying Misstatement In Current Year Financial Statements Amount
QuantifyingMisstatementInCurrentYearFinancialStatementsAmount
1600000
CY2012 us-gaap Net Income Loss
NetIncomeLoss
34757000
CY2012 us-gaap Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
-700000
CY2012 us-gaap Net Investment Income
NetInvestmentIncome
47557000
CY2012 us-gaap Direct Premiums Earned Property And Casualty
DirectPremiumsEarnedPropertyAndCasualty
203587000
CY2012 us-gaap Supplementary Insurance Information Premium Revenue
SupplementaryInsuranceInformationPremiumRevenue
238862000
CY2012 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-5856000
CY2012 us-gaap Increase Decrease In Property And Casualty Insurance Liabilities
IncreaseDecreaseInPropertyAndCasualtyInsuranceLiabilities
-92263000
CY2012 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
8383000
CY2012 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
400000
CY2012 us-gaap Incurred Claims Property Casualty And Liability
IncurredClaimsPropertyCasualtyAndLiability
153628000
CY2012 us-gaap Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable
-4621000
CY2012 us-gaap Interest Expense
InterestExpense
5393000
CY2012 gbli Defined Contribution Plan Employer Matching Contribution Percent Of Match
DefinedContributionPlanEmployerMatchingContributionPercentOfMatch
1.00 pure
CY2012 gbli Other Income Expense
OtherIncomeExpense
-158000
CY2012 gbli Acquisition Costs And Other Underwriting Expenses
AcquisitionCostsAndOtherUnderwritingExpenses
95403000
CY2012 gbli Allowance For Uncollectible Reinsurance Receivables
AllowanceForUncollectibleReinsuranceReceivables
9010000
CY2012 gbli Average Investment Portfolio
AverageInvestmentPortfolio
1590281000
CY2012 gbli Changes In Contingent Commissions
ChangesInContingentCommissions
2438000
CY2012 gbli Change In Trading Symbol
ChangeInTradingSymbol
"INDM" to "GBLI."
CY2012 gbli Date Of Change In Trading Symbol
DateOfChangeInTradingSymbol
2010-07-06
CY2012 gbli Corporate And Other Operating Expenses
CorporateAndOtherOperatingExpenses
9691000
CY2012 gbli Effective Income Tax Rate Reconciliation At Weighted Average Tax Rate
EffectiveIncomeTaxRateReconciliationAtWeightedAverageTaxRate
-0.114 pure
CY2012 gbli Effective Income Tax Rate Reconciliation Tax Exempt Income Based On Weighted Average
EffectiveIncomeTaxRateReconciliationTaxExemptIncomeBasedOnWeightedAverage
-0.050 pure
CY2012 gbli Effective Income Tax Rate Reconciliation Other Adjustments Based On Weighted Average
EffectiveIncomeTaxRateReconciliationOtherAdjustmentsBasedOnWeightedAverage
-0.002 pure
CY2012 gbli Effective Income Tax Rate Reconciliation Deductions Dividends Based On Weighted Average
EffectiveIncomeTaxRateReconciliationDeductionsDividendsBasedOnWeightedAverage
-0.037 pure
CY2012 gbli Income Before Equity In Net Income Loss Of Partnerships
IncomeBeforeEquityInNetIncomeLossOfPartnerships
34757000
CY2012 gbli Gross Written Premiums
GrossWrittenPremiums
244053000
CY2012 gbli Income Loss From Segments
IncomeLossFromSegments
-10327000
CY2012 gbli Income Tax Reconciliation Income Tax Expense Benefit At Weighted Average Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtWeightedAverageTaxRate
-3283000
CY2012 gbli Income Tax Reconciliation Other Adjustments Based On Weighted Average
IncomeTaxReconciliationOtherAdjustmentsBasedOnWeightedAverage
-68000
CY2012 gbli Income Tax Reconciliation Deductions Dividends Based On Weighted Average
IncomeTaxReconciliationDeductionsDividendsBasedOnWeightedAverage
1060000
CY2012 gbli Income Tax Reconciliation Tax Exempt Income Based On Weighted Average
IncomeTaxReconciliationTaxExemptIncomeBasedOnWeightedAverage
1445000
CY2012 gbli Net Change In Unrealized Gains Losses On Investments
NetChangeInUnrealizedGainsLossesOnInvestments
18417000
CY2012 gbli Other Than Temporary Impairment Losses Gross
OtherThanTemporaryImpairmentLossesGross
1258000
CY2012 gbli Other Than Temporary Impairments On Fixed Maturities
OtherThanTemporaryImpairmentsOnFixedMaturities
717000
CY2012 gbli Other Than Temporary Impairments On Common Stock
OtherThanTemporaryImpairmentsOnCommonStock
4656000
CY2012 gbli Percentage Of Investment Return
PercentageOfInvestmentReturn
0.046 pure
CY2012 gbli Total Number Of Shares Purchased As Part Of Publicly Announced Plan
TotalNumberOfSharesPurchasedAsPartOfPubliclyAnnouncedPlan
3801038 shares
CY2012 gbli Total Return On Investments
TotalReturnOnInvestments
72729000
CY2012 gbli Total Unrealized And Realized Investment Gains Losses
TotalUnrealizedAndRealizedInvestmentGainsLosses
25172000
CY2012 gbli Purchase Accounting Adjustments
PurchaseAccountingAdjustments
8000000
CY2012 gbli Share Based Compensation Arrangement By Share Based Payment Award Options Repurchased
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsRepurchased
shares
CY2012 gbli Share Based Compensation Arrangements By Share Based Payment Award Options Repurchased In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsRepurchasedInPeriodWeightedAverageExercisePrice
CY2012 gbli Premium Deficiency Charges Per Share Diluted
PremiumDeficiencyChargesPerShareDiluted
0.02
CY2012 gbli Premium Deficiency Charges
PremiumDeficiencyCharges
500000
CY2012 gbli Gross Basis Survival Ratio For Asbestos And Environmental Claims Period
GrossBasisSurvivalRatioForAsbestosAndEnvironmentalClaimsPeriod
P11Y3M18D
CY2012 gbli Net Basis Survival Ratio For Asbestos And Environmental Claims Period
NetBasisSurvivalRatioForAsbestosAndEnvironmentalClaimsPeriod
P7Y
CY2012 gbli Overstatement Of Net Income And Equity In Previous Period
OverstatementOfNetIncomeAndEquityInPreviousPeriod
1600000
CY2011Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.47
CY2011Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
21781000
CY2011Q1 us-gaap Marketable Securities Realized Gain Loss
MarketableSecuritiesRealizedGainLoss
11997000
CY2011Q1 us-gaap Premiums Earned Net
PremiumsEarnedNet
75969000
CY2011Q1 us-gaap Net Income Loss
NetIncomeLoss
14310000
CY2011Q1 us-gaap Net Investment Income
NetInvestmentIncome
14414000
CY2011Q1 us-gaap Incurred Claims Property Casualty And Liability
IncurredClaimsPropertyCasualtyAndLiability
58342000
CY2011Q1 gbli Acquisition Costs And Other Underwriting Expenses
AcquisitionCostsAndOtherUnderwritingExpenses
29394000
CY2011Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.14
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 Marketable Securities Realized Gain Loss
MarketableSecuritiesRealizedGainLoss
8386000
CY2011Q2 us-gaap Premiums Earned Net
PremiumsEarnedNet
78055000
CY2011Q2 us-gaap Net Income Loss
NetIncomeLoss
4284000
CY2011Q2 us-gaap Net Investment Income
NetInvestmentIncome
13930000
CY2011Q2 us-gaap Incurred Claims Property Casualty And Liability
IncurredClaimsPropertyCasualtyAndLiability
61753000
CY2011Q2 gbli Acquisition Costs And Other Underwriting Expenses
AcquisitionCostsAndOtherUnderwritingExpenses
30089000
CY2012Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.38
CY2012Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
8154000
CY2012Q1 us-gaap Marketable Securities Realized Gain Loss
MarketableSecuritiesRealizedGainLoss
1761000
CY2012Q1 us-gaap Premiums Earned Net
PremiumsEarnedNet
64470000
CY2012Q1 us-gaap Net Income Loss
NetIncomeLoss
10862000
CY2012Q1 us-gaap Net Investment Income
NetInvestmentIncome
11417000
CY2012Q1 us-gaap Incurred Claims Property Casualty And Liability
IncurredClaimsPropertyCasualtyAndLiability
42009000
CY2012Q1 gbli Acquisition Costs And Other Underwriting Expenses
AcquisitionCostsAndOtherUnderwritingExpenses
23167000
CY2012Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.35
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 Marketable Securities Realized Gain Loss
MarketableSecuritiesRealizedGainLoss
1941000
CY2012Q2 us-gaap Premiums Earned Net
PremiumsEarnedNet
57859000
CY2012Q2 us-gaap Net Income Loss
NetIncomeLoss
9604000
CY2012Q2 us-gaap Net Investment Income
NetInvestmentIncome
11071000
CY2012Q2 us-gaap Incurred Claims Property Casualty And Liability
IncurredClaimsPropertyCasualtyAndLiability
36158000
CY2012Q2 gbli Acquisition Costs And Other Underwriting Expenses
AcquisitionCostsAndOtherUnderwritingExpenses
23760000
CY2011Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-1.10
CY2011Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-32523000
CY2011Q3 us-gaap Marketable Securities Realized Gain Loss
MarketableSecuritiesRealizedGainLoss
1288000
CY2011Q3 us-gaap Premiums Earned Net
PremiumsEarnedNet
77090000
CY2011Q3 us-gaap Net Income Loss
NetIncomeLoss
-33422000
CY2011Q3 us-gaap Net Investment Income
NetInvestmentIncome
12880000
CY2011Q3 us-gaap Incurred Claims Property Casualty And Liability
IncurredClaimsPropertyCasualtyAndLiability
86234000
CY2011Q3 gbli Acquisition Costs And Other Underwriting Expenses
AcquisitionCostsAndOtherUnderwritingExpenses
33327000
CY2012Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.39
CY2012Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
11484000
CY2012Q3 us-gaap Marketable Securities Realized Gain Loss
MarketableSecuritiesRealizedGainLoss
3211000
CY2012Q3 us-gaap Premiums Earned Net
PremiumsEarnedNet
55329000
CY2012Q3 us-gaap Net Income Loss
NetIncomeLoss
9913000
CY2012Q3 us-gaap Net Investment Income
NetInvestmentIncome
14777000
CY2012Q3 us-gaap Incurred Claims Property Casualty And Liability
IncurredClaimsPropertyCasualtyAndLiability
35407000
CY2012Q3 gbli Acquisition Costs And Other Underwriting Expenses
AcquisitionCostsAndOtherUnderwritingExpenses
23223000
CY2010Q4 us-gaap Restructuring And Related Cost Number Of Positions Eliminated Period Percent
RestructuringAndRelatedCostNumberOfPositionsEliminatedPeriodPercent
0.25 pure
CY2011Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.78
CY2011Q4 us-gaap Impairment Of Leasehold
ImpairmentOfLeasehold
1170000
CY2011Q4 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-27124000
CY2011Q4 us-gaap Marketable Securities Realized Gain Loss
MarketableSecuritiesRealizedGainLoss
-198000
CY2011Q4 us-gaap Premiums Earned Net
PremiumsEarnedNet
66740000
CY2011Q4 us-gaap Net Income Loss
NetIncomeLoss
-23510000
CY2011Q4 us-gaap Restructuring Reserve Period Increase Decrease
RestructuringReservePeriodIncreaseDecrease
2790000
CY2011Q4 us-gaap Net Investment Income
NetInvestmentIncome
11888000
CY2011Q4 us-gaap Severance Costs
SeveranceCosts
790000
CY2011Q4 us-gaap Incurred Claims Property Casualty And Liability
IncurredClaimsPropertyCasualtyAndLiability
72355000
CY2011Q4 gbli Acquisition Costs And Other Underwriting Expenses
AcquisitionCostsAndOtherUnderwritingExpenses
28681000
CY2011Q4 gbli Discontinuing Use Of Leased Property Net Of Sub Lease Income
DiscontinuingUseOfLeasedPropertyNetOfSubLeaseIncome
840000
CY2012Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.17
CY2012Q4 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
2156000
CY2012Q4 us-gaap Marketable Securities Realized Gain Loss
MarketableSecuritiesRealizedGainLoss
-158000
CY2012Q4 us-gaap Premiums Earned Net
PremiumsEarnedNet
61204000
CY2012Q4 us-gaap Net Income Loss
NetIncomeLoss
4378000
CY2012Q4 us-gaap Net Investment Income
NetInvestmentIncome
10292000
CY2012Q4 us-gaap Incurred Claims Property Casualty And Liability
IncurredClaimsPropertyCasualtyAndLiability
40054000
CY2012Q4 gbli Acquisition Costs And Other Underwriting Expenses
AcquisitionCostsAndOtherUnderwritingExpenses
25253000

Files In Submission

Name View Source Status
0001193125-13-109940-index-headers.html Edgar Link pending
0001193125-13-109940-index.html Edgar Link pending
0001193125-13-109940.txt Edgar Link pending
0001193125-13-109940-xbrl.zip Edgar Link pending
d444808d10k.htm Edgar Link pending
d444808dex105.htm Edgar Link pending
d444808dex211.htm Edgar Link pending
d444808dex231.htm Edgar Link pending
d444808dex311.htm Edgar Link pending
d444808dex312.htm Edgar Link pending
d444808dex321.htm Edgar Link pending
d444808dex322.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xls Edgar Link pending
g444808ex10_5pg2.jpg Edgar Link pending
g444808ex10_5pg3.jpg Edgar Link pending
g444808g29e96.jpg Edgar Link pending
gbli-20121231.xml Edgar Link completed
gbli-20121231.xsd Edgar Link pending
gbli-20121231_cal.xml Edgar Link unprocessable
gbli-20121231_def.xml Edgar Link unprocessable
gbli-20121231_lab.xml Edgar Link unprocessable
gbli-20121231_pre.xml Edgar Link unprocessable
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R100.htm Edgar Link pending
R101.htm Edgar Link pending
R102.htm Edgar Link pending
R103.htm Edgar Link pending
R104.htm Edgar Link pending
R105.htm Edgar Link pending
R106.htm Edgar Link pending
R107.htm Edgar Link pending
R108.htm Edgar Link pending
R109.htm Edgar Link pending
R11.htm Edgar Link pending
R110.htm Edgar Link pending
R111.htm Edgar Link pending
R112.htm Edgar Link pending
R113.htm Edgar Link pending
R114.htm Edgar Link pending
R115.htm Edgar Link pending
R116.htm Edgar Link pending
R117.htm Edgar Link pending
R118.htm Edgar Link pending
R119.htm Edgar Link pending
R12.htm Edgar Link pending
R120.htm Edgar Link pending
R121.htm Edgar Link pending
R122.htm Edgar Link pending
R123.htm Edgar Link pending
R124.htm Edgar Link pending
R125.htm Edgar Link pending
R126.htm Edgar Link pending
R127.htm Edgar Link pending
R128.htm Edgar Link pending
R129.htm Edgar Link pending
R13.htm Edgar Link pending
R130.htm Edgar Link pending
R131.htm Edgar Link pending
R132.htm Edgar Link pending
R133.htm Edgar Link pending
R134.htm Edgar Link pending
R135.htm Edgar Link pending
R136.htm Edgar Link pending
R137.htm Edgar Link pending
R138.htm Edgar Link pending
R139.htm Edgar Link pending
R14.htm Edgar Link pending
R140.htm Edgar Link pending
R141.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
R77.htm Edgar Link pending
R78.htm Edgar Link pending
R79.htm Edgar Link pending
R8.htm Edgar Link pending
R80.htm Edgar Link pending
R81.htm Edgar Link pending
R82.htm Edgar Link pending
R83.htm Edgar Link pending
R84.htm Edgar Link pending
R85.htm Edgar Link pending
R86.htm Edgar Link pending
R87.htm Edgar Link pending
R88.htm Edgar Link pending
R89.htm Edgar Link pending
R9.htm Edgar Link pending
R90.htm Edgar Link pending
R91.htm Edgar Link pending
R92.htm Edgar Link pending
R93.htm Edgar Link pending
R94.htm Edgar Link pending
R95.htm Edgar Link pending
R96.htm Edgar Link pending
R97.htm Edgar Link pending
R98.htm Edgar Link pending
R99.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending