Reserves For Losses, LAE And Future Policy Benefit Reserve (Tables)

6 Months Ended

Jun. 30, 2022

Reserves For Losses, LAE And Future Policy Benefit Reserve [Abstract]

Summary Of Activity In The Reserve For Losses And LAE

Six Months Ended June 30,

(Dollars in thousands)

2022

2021

Gross reserves beginning of period

$

13,121,177

$

11,578,096

Less reinsurance recoverables on unpaid losses

(3,650,716)

(3,951,474)

Net reserves beginning of period

9,470,461

7,626,622

Incurred related to:

Current year

2,520,596

2,450,567

Prior years

9,031

(865)

Total incurred losses and LAE

2,529,627

2,449,702

Paid related to:

Current year 

775,023

550,907

Prior years

1,063,144

903,025

Total paid losses and LAE

1,838,167

1,453,932

Foreign exchange/translation adjustment 

(16,668)

9,986

Net reserves end of period

10,145,252

8,632,376

Plus reinsurance recoverables on unpaid losses

3,593,105

3,772,228

Gross reserves end of period

$

13,738,357

$

12,404,604

(Some amounts may not reconcile due to rounding.)