Reserve for Losses and Loss Adjustment Expenses (Tables)

6 Months Ended

Jun. 30, 2017

Liability for Claims and Claims Adjustment Expense [Abstract]

Schedule of reconciliation of beginning and ending reserve balances for losses and loss adjustment expenses

The following table provides a reconciliation of the beginning and ending reserve balances for losses and loss adjustment expenses, net of reinsurance, to the gross amounts reported in the condensed consolidated balance sheets:

	Three Months Ended June 30,					Six Months Ended June 30,
	2017		2016			2017			2016
	(in thousands)
Reserve for losses and loss adjustment expenses net of reinsurance recoverables at beginning of period	$	791,781	$	672,588		$	761,128		$	653,534
Add: Incurred losses and loss adjustment expenses net of reinsurance:
Current year	129,369		81,407			238,152			159,580
Prior years	1,715		(4,748		)	(1,699		)	(9,415		)
Total incurred losses and loss and adjustment expenses	131,084		76,659			236,453			150,165
Deduct: Loss and loss adjustment expense payments net of reinsurance:
Current year	13,908		8,946			17,606			10,890
Prior years	69,449		50,670			140,467			103,178
Total loss and loss adjustment expense payments	83,357		59,616			158,073			114,068
Reserve for losses and loss adjustment expenses net of reinsurance recoverables at end of period	839,508		689,631			839,508			689,631
Add: Reinsurance recoverables on unpaid losses and loss adjustment expenses at end of period	221,553		153,706			221,553			153,706
Reserve for losses and loss adjustment expenses gross of reinsurance recoverables on unpaid losses and loss adjustment expenses at end of period	$	1,061,061	$	843,337		$	1,061,061		$	843,337