XML 35 R24.htm IDEA: XBRL DOCUMENT v3.19.2
Reserves For Losses And LAE (Tables)
6 Months Ended
Jun. 30, 2019
Reserves For Losses And LAE [Abstract]  
Summary Of Activity In The Reserve For Losses And LAE

 

 

Six Months Ended

 

 

Six Months Ended

 

 

 

June 30,

 

 

June 30,

 

(Dollars in thousands)

 

2019

 

 

2018

 

Gross reserves beginning of period

 

$

10,167,018

 

 

$

9,343,028

 

Less reinsurance recoverables

 

 

(4,697,543

)

 

 

(5,727,268

)

Net reserves beginning of period

 

 

5,469,475

 

 

 

3,615,760

 

 

 

 

 

 

 

 

 

 

Incurred related to:

 

 

 

 

 

 

 

 

Current year

 

 

1,615,277

 

 

 

1,451,011

 

Prior years

 

 

24,041

 

 

 

491,004

 

Total incurred losses and LAE

 

 

1,639,318

 

 

 

1,942,015

 

 

 

 

 

 

 

 

 

 

Paid related to:

 

 

 

 

 

 

 

 

Current year

 

 

391,381

 

 

 

378,985

 

Prior years

 

 

1,144,204

 

 

 

912,199

 

Total paid losses and LAE

 

 

1,535,585

 

 

 

1,291,184

 

 

 

 

 

 

 

 

 

 

Foreign exchange/translation adjustment

 

 

228

 

 

 

(16,509

)

 

 

 

 

 

 

 

 

 

Net reserves end of period

 

 

5,573,437

 

 

 

4,250,082

 

Plus reinsurance recoverables

 

 

4,574,975

 

 

 

5,037,479

 

Gross reserves end of period

 

$

10,148,412

 

 

$

9,287,561

 

 

 

 

 

 

 

 

 

 

(Some amounts may not reconcile due to rounding.)