XML 31 R87.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Reserves For Losses And Loss Expenses (Schedule of Liability for Unpaid Claims and Claims Adjustment Expense) (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Liability for Unpaid Claims and Claims Adjustment Expense [Roll Forward]      
Net reserves at beginning of year $ 10,248,883 $ 10,056,914 $ 9,590,265
Net provision for losses and loss expenses:      
Claims occuring during the current year 4,057,989 3,926,489 3,963,543
Increase (decrease) in estimates for claims occurring in prior years (2) 34,079 6,831 (5,165)
Loss reserve discount accretion 39,048 41,382 43,970
Total 4,131,116 3,974,702 4,002,348
Net payments for claims:      
Current year 985,599 964,808 1,027,405
Prior year 2,673,803 2,700,077 2,562,550
Total 3,659,402 3,664,885 3,589,955
Foreign currency translation (22,599) (117,848) 54,256
Net reserves at end of year 10,697,998 10,248,883 10,056,914
Ceded reserve at end of year 1,885,251 1,717,565 1,613,494
Gross reserves at end of year 12,583,249 11,966,448 11,670,408
(Increase) decrease in estimates for claims occurring in prior years (2) (34,079) (6,831) 5,165
Retrospective premium adjustments for claims occurring in prior years (3) 53,511 45,638 32,162
Net favorable premium and reserve development on prior years 19,432 38,807 37,327
Workers' compensation discount, amount 20,000 24,000 22,000
Increase (decrease) in estimates for claims occurring in prior years, undiscounted basis $ 19,000 $ (4,000) $ (32,000)