Loss And Loss Adjustment Expense Reserves (Tables)

3 Months Ended

Mar. 31, 2024

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,
	2024		2023
	(Amounts in thousands)
Gross reserves, beginning of period	$	2,785,702	$	2,584,910
Reinsurance recoverables on unpaid losses, beginning of period	(32,148)		(25,322)
Net reserves, beginning of period	2,753,554		2,559,588
Incurred losses and loss adjustment expenses related to:
Current year	909,810		945,013
Prior years	(5,845)		(15,484)
Total incurred losses and loss adjustment expenses	903,965		929,529
Loss and loss adjustment expense payments related to:
Current year	301,198		310,102
Prior years	527,348		531,755
Total payments	828,546		841,857
Net reserves, end of period	2,828,973		2,647,260
Reinsurance recoverables on unpaid losses, end of period	30,247		30,301
Gross reserves, end of period	$	2,859,220	$	2,677,561