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Losses And Loss Adjustment Expense Reserves (Tables)
9 Months Ended
Sep. 30, 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:
 
Nine Months Ended September 30,
 
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
1,772,203

 
1,696,350

Prior years
18,347

 
69,134

Total incurred losses and loss adjustment expenses
1,790,550

 
1,765,484

Loss and loss adjustment expense payments related to:
 
 
 
Current year
1,099,656

 
1,065,948

Prior years
606,615

 
601,379

Total payments
1,706,271

 
1,667,327

Net reserves at September 30
1,361,366

 
1,230,592

Reinsurance recoverable
10,798

 
13,961

Gross reserves at September 30
$
1,372,164

 
$
1,244,553