XML 69 R49.htm IDEA: XBRL DOCUMENT v3.10.0.1
LIABILITY FOR LOSSES AND SETTLEMENT EXPENSES (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Reconciliation of beginning and ending reserves for losses and settlement expenses [Roll Forward]      
Gross reserves at beginning of year $ 732,612 $ 690,532 $ 678,774
Re-valuation due to foreign currency exchange rates 525 (1,913) (2,475)
Less ceded reserves at beginning of year 30,923 20,664 23,477
Net reserves at beginning of year 701,164 671,781 657,772
Incurred losses and settlement expenses related to:      
Current year 475,843 441,588 427,838
Prior years (18,684) (19,619) (40,941)
Total incurred losses and settlement expenses 457,159 421,969 386,897
Paid losses and settlement expenses related to:      
Current year 180,230 179,354 172,652
Prior years 236,905 213,232 200,236
Total paid losses and settlement expenses 417,135 392,586 372,888
Net reserves at end of year 741,188 701,164 671,781
Plus ceded reserves at end of year 36,595 30,923 20,664
Re-valuation due to foreign currency exchange rates (593) 525 (1,913)
Gross reserves at end of year $ 777,190 $ 732,612 $ 690,532
Percentage of pool participation (in hundredths) 30.00% 30.00% 30.00%
Property and casualty insurance [Member]      
Incurred losses and settlement expenses related to:      
Prior years $ (15,300) $ (15,700) $ (30,000)
Percentage change in loss and settlement expense reserves for prior accident years (in hundredths) (3.00%) (3.20%) (5.10%)
Paid losses and settlement expenses related to:      
Adjustment for favorable (adverse) development included in the reported development amount that had no impact on earnings     $ 5,600
Approximation of the implied amount of favorable development that had an impact on earnings     $ 24,400
Percentage of pool participation (in hundredths) 30.00% 30.00% 30.00%
Reinsurance [Member]      
Incurred losses and settlement expenses related to:      
Prior years $ (3,400) $ (3,900) $ (10,900)
Percentage change in loss and settlement expense reserves for prior accident years (in hundredths) (1.50%) (1.90%) (5.50%)
Affiliated Entity [Member] | Property and casualty insurance [Member]      
Paid losses and settlement expenses related to:      
Percentage of pool participation (in hundredths) 30.00% 30.00% 30.00%