| ASSETS |
| Fixed maturity investments, available for sale at fair value (amortized cost: $4,852,819 and $5,010,147 at June 30, 2011 and December 31, 2010, respectively) |
3.6B |
| Short-term investments, available for sale at fair value (amortized cost: $303,974 and $70,455 at June 30, 2011 and December 31, 2010, respectively) |
34.93M |
| Equity securities, available for sale at fair value (cost: $29,638 and $8,000 at June 30, 2011 and December 31, 2010, respectively) |
496.4M |
| Other investments |
| Total investments |
7.45B |
| Cash and cash equivalents |
1.32B |
| Premiums receivable, net |
2.26B |
| Deferred acquisition costs |
311.89M |
| Securities lending collateral |
| Prepaid reinsurance premiums |
825.91M |
| Losses recoverable |
| Accrued investment income |
30.07M |
| Goodwill and intangible assets |
| Deferred tax asset |
57.05M |
| Net receivable on sales of investments |
106.31M |
| Other assets |
283.47M |
| Total assets |
14.83B |
| LIABILITIES |
| Reserve for losses and loss expenses |
4.81B |
| Reserve for unearned premiums |
2.35B |
| Deposit liabilities |
| Reinsurance balances payable |
1.02B |
| Securities lending payable |
| Debt |
705.18M |
| Net payable on purchases of investments |
203.59M |
| Other liabilities |
389.56M |
| Total liabilities |
9.61B |
| Commitments and contingent liabilities |
0 |
| SHAREHOLDERS' EQUITY |
| Common shares Ordinary - $1.00 par value, 40,509,263 issued and outstanding (2010 - 47,218,468) |
67.59M |
| Additional paid-in capital |
1.95B |
| Accumulated other comprehensive income |
27.99M |
| Retained earnings |
2.92B |
| Total shareholders' equity |
4.97B |
| Total liabilities and shareholders' equity |
14.83B |
| Series A Preferred Stock [Member] |
| SHAREHOLDERS' EQUITY |
| Preferred stock, value |
9K |
| Series B Preferred Stock [Member] |
| SHAREHOLDERS' EQUITY |
| Preferred stock, value |
