2022

2021

Unpaid losses
and loss
adjustment
expenses

Deferred
charges - retroactive reinsurance

Unpaid losses
and loss
adjustment
expenses

Deferred
charges - retroactive reinsurance

Balances at beginning of year

$

38,256

$

(10,639

)

$

40,966

$

(12,441

)

Incurred losses and loss adjustment expenses:

Current year contracts

—

—

82

—

Prior years’ contracts

(23

)

649

(9

)

709

Total

(23

)

649

73

709

Paid losses and loss adjustment expenses

(1,567

)

—

(1,318

)

—

Balances at September 30

$

36,666

$

(9,990

)

$

39,721

$

(11,732

)

Incurred losses and loss adjustment expenses, net of deferred charges

$

626

$

782