Schedule V - Valuation and Qualifying Accounts |
Schedule V
W. R. Berkley Corporation and Subsidiaries Valuation and Qualifying Accounts Years ended December 31, 2023, 2022 and 2021 | | | | | | | | | | | | | | | | | | | | | | | | | | | | (In thousands) | Opening Allowance Balance | | | | Additions- Charged to Expense | | Deduction- Amounts Written Off | | Ending Allowance Balance | Year ended December 31, 2023 | | | | | | | | | | Premiums, fees and other receivables | $ | 36,931 | | | | | $ | 13,637 | | | $ | (8,243) | | | $ | 42,325 | | Due from reinsurers | 8,064 | | | | | 340 | | | — | | | 8,404 | | Deferred federal and foreign income taxes | 47,166 | | | | | 3,864 | | | (14,747) | | | 36,283 | | Fixed maturity securities | 37,466 | | | | | 5,013 | | | (5,728) | | | 36,751 | | Loan loss reserves | 1,791 | | | | | 1,782 | | | (569) | | | 3,004 | | Total | $ | 131,418 | | | | | $ | 24,636 | | | $ | (29,287) | | | $ | 126,767 | | Year ended December 31, 2022 | | | | | | | | | | Premiums, fees and other receivables | $ | 30,860 | | | | | $ | 13,734 | | | $ | (7,663) | | | $ | 36,931 | | Due from reinsurers | 7,713 | | | | | 352 | | | (1) | | | 8,064 | | Deferred federal and foreign income taxes | 75,230 | | | | | 1,046 | | | (29,110) | | | 47,166 | | Fixed maturity securities | 22,625 | | | | | 15,152 | | | (311) | | | 37,466 | | Loan loss reserves | 1,718 | | | | | 73 | | | — | | | 1,791 | | Total | $ | 138,146 | | | | | $ | 30,357 | | | $ | (37,085) | | | $ | 131,418 | | Year ended December 31, 2021 | | | | | | | | | | Premiums, fees and other receivables | $ | 27,855 | | | | | $ | 10,807 | | | $ | (7,802) | | | $ | 30,860 | | Due from reinsurers | 7,801 | | | | | 334 | | | (422) | | | 7,713 | | Deferred federal and foreign income taxes | 79,488 | | | | | 6,011 | | | (10,269) | | | 75,230 | | Fixed maturity securities | 2,580 | | | | | 21,013 | | | (968) | | | 22,625 | | Loan loss reserves | 5,437 | | | | | — | | | (3,719) | | | 1,718 | | Total | $ | 123,161 | | | | | $ | 38,165 | | | $ | (23,180) | | | $ | 138,146 | |
_______________________ See Report of Independent Registered Public Accounting Firm.
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