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Reserves for Unpaid Losses and Loss Adjustment Expenses (Tables)
3 Months Ended
Mar. 31, 2019
Liability for Unpaid Claims and Claims Adjustment Expense, Activity in Liability [Abstract]  
Schedule of Unpaid Losses and Loss Adjustment Expenses
The following table presents a reconciliation of consolidated beginning and ending reserves for unpaid losses and loss adjustment expenses:
 
 
March 31,
 
 
2019
 
2018
 
 
(in thousands)
Net reserves for unpaid losses and loss adjustment expenses, beginning of year
 
$
313,763

 
$
267,493

Incurred losses and loss adjustment expenses:
 
 
 
 
Current year
 
40,128

 
30,183

Prior years
 
(6,396
)
 
(1,284
)
Total net losses and loss adjustment expenses incurred
 
33,732

 
28,899

 
 
 
 
 
Payments:
 
 
 
 
Current year
 
2,042

 
340

Prior years
 
17,955

 
17,516

Total payments
 
19,997

 
17,856

Net reserves for unpaid losses and loss adjustment expenses, end of period
 
327,498

 
278,536

Reinsurance recoverable on unpaid losses
 
57,627

 
49,673

Gross reserves for unpaid losses and loss adjustment expenses, end of period
 
$
385,125

 
$
328,209