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Losses And Loss Adjustment Expense Reserves (Tables)
3 Months Ended
Mar. 31, 2018
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,
 
2018
 
2017
 
 
 
 
 
(Amounts in thousands)
Gross reserves at January 1 
$
1,510,613

 
$
1,290,248

Less reinsurance recoverables on unpaid losses
(64,001
)
 
(13,161
)
Net reserves at January 1
1,446,612

 
1,277,087

Incurred losses and loss adjustment expenses related to:
 
 
 
Current year
589,582

 
602,541

Prior years
42,652

 
4,124

Total incurred losses and loss adjustment expenses
632,234

 
606,665

Loss and loss adjustment expense payments related to:
 
 
 
Current year
254,841

 
275,890

Prior years
345,826

 
303,333

Total payments
600,667

 
579,223

Net reserves at March 31
1,478,179

 
1,304,529

Reinsurance recoverables on unpaid losses
52,794

 
12,404

Gross reserves at March 31
$
1,530,973

 
$
1,316,933