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Activity in the Liability for Loss and Loss Adjustment Expense (Detail) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Activity in liability for loss and loss adjustment expense        
Reserves as of January 1     $ 11,928,359 $ 12,250,300
Less: reinsurance recoverables [1]     1,583,900 1,857,400
Net reserves as of January 1     10,344,500 10,392,900
Other adjustments     (2,300) (3,200)
Incurred loss and LAE, net of reinsurance, related to:        
Current year     3,381,500 2,649,900
Prior years $ (62,300) $ (58,900) (156,000) (152,900)
Total incurred loss and LAE, net of reinsurance 1,173,655 907,736 3,225,461 2,497,037
Paid loss and LAE, net of reinsurance, related to:        
Current year [2]     504,000 484,400
Prior years [2]     2,078,000 2,238,900
Total paid loss and LAE, net of reinsurance [2]     2,582,000 2,723,300
Foreign currency exchange rate effect     74,900 (39,100)
Net reserves as of September 30 11,060,600 10,124,300 11,060,600 10,124,300
Reinsurance recoverables as of September 30 [1] 1,620,900 1,509,700 1,620,900 1,509,700
Reserves as of September 30 $ 12,681,515 $ 11,634,000 $ 12,681,515 $ 11,634,000
[1] Reinsurance recoverables in this table include only ceded loss and LAE reserves.
[2] Includes paid losses, net of reinsurance, related to commutations.