Loss And Loss Adjustment Expense Reserves (Tables)

9 Months Ended

Sep. 30, 2023

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,
	2023		2022
	(Amounts in thousands)
Gross reserves, beginning of period	$	2,584,910	$	2,226,430
Reinsurance recoverables on unpaid losses, beginning of period	(25,322)		(41,377)
Net reserves, beginning of period	2,559,588		2,185,053
Incurred losses and loss adjustment expenses related to:
Current year	2,683,219		2,386,233
Prior years	(32,138)		49,942
Total incurred losses and loss adjustment expenses	2,651,081		2,436,175
Loss and loss adjustment expense payments related to:
Current year	1,461,077		1,267,535
Prior years	1,052,386		945,371
Total payments	2,513,463		2,212,906
Net reserves, end of period	2,697,206		2,408,322
Reinsurance recoverables on unpaid losses, end of period	26,570		24,412
Gross reserves, end of period	$	2,723,776	$	2,432,734