XML 32 R60.htm IDEA: XBRL DOCUMENT v3.20.1
Unpaid Losses and Loss Adjustment Expense Reserves (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Liability for Claims and Claims Adjustment Expense    
Gross balance at beginning of the period $ 2,886,414 $ 2,957,159
Less: Reinsurance recoverable at beginning of the period 1,111,808 1,285,142
Net balance at beginning of the period 1,774,606 1,672,017
Current year 691,406 666,123
Prior year 592 (14,314)
Total incurred 691,998 651,809
Current year (248,268) (179,025)
Prior year (471,387) (497,348)
Total paid (719,655) (676,373)
Effect of foreign exchange rates   1,094
Net balance at end of the period 1,746,949 1,648,547
Plus: Reinsurance recoverable at end of the period 1,101,244 1,221,776
Gross balance at end of the period 2,848,193 2,870,323
Reciprocal Exchanges    
Liability for Claims and Claims Adjustment Expense    
Gross balance at beginning of the period 205,786  
Gross balance at end of the period 197,934  
NGHC, excluding Reciprocal Exchanges    
Liability for Claims and Claims Adjustment Expense    
Gross balance at beginning of the period 2,680,628 2,778,689
Less: Reinsurance recoverable at beginning of the period 1,027,634 1,207,163
Net balance at beginning of the period 1,652,994 1,571,526
Current year 649,968 626,150
Prior year (337) (16,366)
Total incurred 649,631 609,784
Current year (230,099) (164,076)
Prior year (441,938) (475,870)
Total paid (672,037) (639,946)
Effect of foreign exchange rates   1,094
Net balance at end of the period 1,630,588 1,542,458
Plus: Reinsurance recoverable at end of the period 1,019,671 1,131,843
Gross balance at end of the period 2,650,259 2,674,301
Property and Casualty    
Liability for Claims and Claims Adjustment Expense    
Prior year 5,400 (3,462)
Property and Casualty | Reciprocal Exchanges    
Liability for Claims and Claims Adjustment Expense    
Gross balance at beginning of the period 205,786 178,470
Less: Reinsurance recoverable at beginning of the period 84,174 77,979
Net balance at beginning of the period 121,612 100,491
Current year 41,438 39,973
Prior year 929 2,052
Total incurred 42,367 42,025
Current year (18,169) (14,949)
Prior year (29,449) (21,478)
Total paid (47,618) (36,427)
Effect of foreign exchange rates   0
Net balance at end of the period 116,361 106,089
Plus: Reinsurance recoverable at end of the period 81,573 89,933
Gross balance at end of the period 197,934 196,022
Property and Casualty | NGHC, excluding Reciprocal Exchanges    
Liability for Claims and Claims Adjustment Expense    
Gross balance at beginning of the period 2,528,754 2,507,409
Less: Reinsurance recoverable at beginning of the period 1,016,368 1,182,588
Net balance at beginning of the period 1,512,386 1,324,821
Current year 563,559 530,549
Prior year 4,471 (5,514)
Total incurred 568,030 525,035
Current year (204,279) (130,395)
Prior year (397,862) (422,560)
Total paid (602,141) (552,955)
Effect of foreign exchange rates   0
Net balance at end of the period 1,478,275 1,296,901
Plus: Reinsurance recoverable at end of the period 1,004,759 1,103,114
Gross balance at end of the period 2,483,034 2,400,015
Accident and Health | NGHC, excluding Reciprocal Exchanges    
Liability for Claims and Claims Adjustment Expense    
Gross balance at beginning of the period 151,874 271,280
Less: Reinsurance recoverable at beginning of the period 11,266 24,575
Net balance at beginning of the period 140,608 246,705
Current year 86,409 95,601
Prior year (4,808) (10,852)
Total incurred 81,601 84,749
Current year (25,820) (33,681)
Prior year (44,076) (53,310)
Total paid (69,896) (86,991)
Effect of foreign exchange rates   1,094
Net balance at end of the period 152,313 245,557
Plus: Reinsurance recoverable at end of the period 14,912 28,729
Gross balance at end of the period $ 167,225 $ 274,286