Loss And Loss Adjustment Expense Reserves (Tables)

9 Months Ended

Sep. 30, 2022

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,
	2022		2021
	(Amounts in thousands)
Gross reserves, beginning of period	$	2,226,430	$	1,991,304
Reinsurance recoverables on unpaid losses, beginning of period	(41,377)		(54,460)
Net reserves, beginning of period	2,185,053		1,936,844
Incurred losses and loss adjustment expenses related to:
Current year	2,386,233		2,005,233
Prior years	49,942		(23,714)
Total incurred losses and loss adjustment expenses	2,436,175		1,981,519
Loss and loss adjustment expense payments related to:
Current year	1,267,535		1,088,285
Prior years	945,371		739,385
Total payments	2,212,906		1,827,670
Net reserves, end of period	2,408,322		2,090,693
Reinsurance recoverables on unpaid losses, end of period	24,412		51,428
Gross reserves, end of period	$	2,432,734	$	2,142,121