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Activity in the Liability for Loss and Loss Adjustment Expense (Detail) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Activity in liability for loss and loss adjustment expense    
Reserves as of January 1 $ 11,928,359 $ 12,250,300
Less: reinsurance recoverables [1] 1,583,900 1,857,400
Net reserves as of January 1 10,344,500 10,392,900
Other adjustments   (200)
Incurred loss and LAE, net of reinsurance, related to:    
Current year 1,086,400 829,900
Prior years (59,000) (37,400)
Total incurred loss and LAE, net of reinsurance 1,027,444 792,498
Paid loss and LAE, net of reinsurance, related to:    
Current year [2] 87,300 75,300
Prior years [2] 770,200 914,800
Total paid loss and LAE, net of reinsurance [2] 857,500 990,100
Foreign currency exchange rate effect (7,500) 17,200
Net reserves as of March 31 10,506,900 10,212,300
Reinsurance recoverables as of March 31 [1] 1,559,500 1,642,800
Reserves as of March 31 $ 12,066,438 $ 11,855,100
[1] Reinsurance recoverables in this table include only ceded loss and LAE reserves.
[2] Includes paid losses, net of reinsurance, related to commutations.