Loss And Loss Adjustment Expense Reserves (Tables)

9 Months Ended

Sep. 30, 2019

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,
	2019			2018
	(Amounts in thousands)
Gross reserves at January 1	$	1,829,412		$	1,510,613
Less reinsurance recoverables on unpaid losses	(180,859		)	(64,001		)
Net reserves at January 1	1,648,553			1,446,612
Incurred losses and loss adjustment expenses related to:
Current year	1,957,598			1,781,452
Prior years	10,323			70,398
Total incurred losses and loss adjustment expenses	1,967,921			1,851,850
Loss and loss adjustment expense payments related to:
Current year	1,149,659			1,072,758
Prior years	715,451			695,678
Total payments	1,865,110			1,768,436
Net reserves at September 30	1,751,364			1,530,026
Reinsurance recoverables on unpaid losses	103,847			50,028
Gross reserves at September 30	$	1,855,211		$	1,580,054