Reserve for Losses and Loss Adjustment Expenses (Tables)

3 Months Ended

Mar. 31, 2018

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 March 31,
	2018			2017
	(in thousands)
Reserve for losses and loss adjustment expenses net of reinsurance recoverables at beginning of period	$	989,825		$	761,128
Add: Incurred losses and loss adjustment expenses net of reinsurance:
Current year	146,382			108,783
Prior years	(2,610		)	(3,414		)
Total incurred losses and loss and adjustment expenses	143,772			105,369
Deduct: Loss and loss adjustment expense payments net of reinsurance:
Current year	12,177			3,698
Prior years	83,117			71,018
Total loss and loss adjustment expense payments	95,294			74,716
Reserve for losses and loss adjustment expenses net of reinsurance recoverables at end of period	1,038,303			791,781
Add: Reinsurance recoverables on unpaid losses and loss adjustment expenses at end of period	331,245			188,782
Reserve for losses and loss adjustment expenses gross of reinsurance recoverables on unpaid losses and loss adjustment expenses at end of period	$	1,369,548		$	980,563