Loss and Loss Expense Reserves (Tables)

9 Months Ended

Sep. 30, 2018

Loss and Loss Expense Reserves [Abstract]

Activity in Reserves for Losses and Loss Expenses

Activity in the reserves for losses and loss expenses for the nine months ended September 30, 2018 and 2017 is summarized as follows.  All amounts are shown net of reinsurance, unless otherwise indicated.

	2018		2017
Reserves, gross of reinsurance recoverable, at the beginning of the year	$	680,274	$	576,330
Reinsurance recoverable on unpaid losses at the beginning of the year		308,143		251,563
Reserves at the beginning of the year		372,131		324,767
Provision for losses and loss expenses:
Claims occurring during the current period		229,644		164,546
Claims occurring during prior periods		14,683		16,480
Total incurred		244,327		181,026
Loss and loss expense payments:
Claims occurring during the current period		49,510		41,616
Claims occurring during prior periods		123,167		109,616
Total paid		172,677		151,232
Reserves at the end of the period		443,781		354,561
Reinsurance recoverable on unpaid losses at the end of the period		334,056		301,445
Reserves, gross of reinsurance recoverable, at the end of the period	$	777,837	$	656,006