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Losses And Loss Adjustment Expense Reserves (Tables)
3 Months Ended
Mar. 31, 2017
Insurance Loss Reserves [Abstract]  
Activity In The Reserves For Losses And Loss Adjustment Expenses
The following table presents the activity in loss and loss adjustment expense reserves:
 
Three Months Ended March 31,
 
2017
 
2016
 
 
 
 
 
(Amounts in thousands)
Gross reserves at January 1
$
1,290,248

 
$
1,146,688

Less reinsurance recoverable
(13,161
)
 
(14,253
)
Net reserves at January 1
1,277,087

 
1,132,435

Incurred losses and loss adjustment expenses related to:
 
 
 
Current year
602,541

 
554,280

Prior years
4,124

 
39,802

Total incurred losses and loss adjustment expenses
606,665

 
594,082

Loss and loss adjustment expense payments related to:
 
 
 
Current year
275,890

 
261,753

Prior years
303,333

 
303,842

Total payments
579,223

 
565,595

Net reserves at March 31
1,304,529

 
1,160,922

Reinsurance recoverable
12,404

 
14,046

Gross reserves at March 31
$
1,316,933

 
$
1,174,968