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Insurance Liabilities (Tables)
9 Months Ended
Sep. 30, 2017
Insurance Liabilities  
Liability for Unpaid Claims (Table)

 

 

For the nine months ended September 30,

 

 

 

2017

 

2016

 

 

 

(in millions)

 

Balance at beginning of period

 

$

2,001.3

 

$

1,872.2

 

Less reinsurance recoverable

 

340.3

 

314.1

 

 

 

 

 

 

 

Net balance at beginning of period

 

1,661.0

 

1,558.1

 

Incurred:

 

 

 

 

 

Current year

 

867.2

 

816.4

 

Prior years

 

42.2

 

30.7

 

 

 

 

 

 

 

Total incurred

 

909.4

 

847.1

 

Payments:

 

 

 

 

 

Current year

 

527.8

 

500.5

 

Prior years

 

318.3

 

266.5

 

 

 

 

 

 

 

Total payments

 

846.1

 

767.0

 

 

 

 

 

 

 

Net balance at end of period

 

1,724.3

 

1,638.2

 

Plus reinsurance recoverable

 

369.9

 

334.8

 

 

 

 

 

 

 

Balance at end of period

 

$

2,094.2

 

$

1,973.0

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Amounts not included in the rollforward above:

 

 

 

 

 

Claim adjustment expense liabilities

 

$

50.5

 

$

49.2