RESERVES FOR LOSSES AND LOSS SETTLEMENT EXPENSES (Tables)

12 Months Ended

Dec. 31, 2015

Change in Property and Casualty Loss and Loss Settlement Expense Reserves

The following table provides an analysis of changes in our property and casualty losses and loss settlement expense reserves for 2015, 2014 and 2013 (net of reinsurance amounts):




Years Ended December 31,	2015			2014			2013
Gross liability for losses and loss settlement expenses at beginning of year	$	969,437		$	960,651		$	971,911
Ceded losses and loss settlement expenses	(63,757		)	(75,150		)	(103,870		)
Net liability for losses and loss settlement expenses at beginning of year	$	905,680		$	885,501		$	868,041
Losses and loss settlement expenses incurred for claims occurring during
Current year	$	560,482		$	566,555		$	494,841
Prior years	(40,395		)	(56,744		)	(57,487		)
Total incurred	$	520,087		$	509,811		$	437,354
Losses and loss settlement expense payments for claims occurring during
Current year	$	225,022		$	247,651		$	203,868
Prior years	251,503			241,981			216,026
Total paid	$	476,525		$	489,632		$	419,894
Net liability for losses and loss settlement expenses at end of year	$	949,242		$	905,680		$	885,501
Ceded loss and loss settlement expenses	54,653			63,757			75,150
Gross liability for losses and loss settlement expenses at end of year	$	1,003,895		$	969,437		$	960,651