Loss And Loss Adjustment Expense Reserves (Tables)

6 Months Ended

Jun. 30, 2022

Insurance Loss Reserves [Abstract]

Activity In The Reserves For Losses And Loss Adjustment Expenses

The following table presents the activity in loss and loss adjustment expense reserves:

	Six Months Ended June 30,
	2022		2021
	(Amounts in thousands)
Gross reserves, beginning of period	$	2,226,430	$	1,991,304
Reinsurance recoverables on unpaid losses, beginning of period	(41,377)		(54,460)
Net reserves, beginning of period	2,185,053		1,936,844
Incurred losses and loss adjustment expenses related to:
Current year	1,597,354		1,298,981
Prior years	51,359		(15,409)
Total incurred losses and loss adjustment expenses	1,648,713		1,283,572
Loss and loss adjustment expense payments related to:
Current year	738,472		641,726
Prior years	735,058		539,871
Total payments	1,473,530		1,181,597
Net reserves, end of period	2,360,236		2,038,819
Reinsurance recoverables on unpaid losses, end of period	26,586		52,196
Gross reserves, end of period	$	2,386,822	$	2,091,015