XML 31 R20.htm IDEA: XBRL DOCUMENT v3.19.2
HISTORICAL LOSS AND LAE DEVELOPMENT (Tables)
6 Months Ended
Jun. 30, 2019
Schedule of reconciliation of unpaid losses and settlement expenses (LAE)

For the Six-Month Periods

 

Ended June 30,

(in thousands)

    

2019

    

2018

Unpaid losses and LAE at beginning of year

Gross

$

1,461,348

$

1,271,503

Ceded

 

(364,999)

 

(301,991)

Net

$

1,096,349

$

969,512

Increase (decrease) in incurred losses and LAE

Current accident year

$

239,053

$

222,121

Prior accident years

 

(40,837)

 

(28,047)

Total incurred

$

198,216

$

194,074

Loss and LAE payments for claims incurred

Current accident year

$

(23,624)

$

(16,805)

Prior accident years

 

(126,972)

 

(118,650)

Total paid

$

(150,596)

$

(135,455)

Net unpaid losses and LAE at June 30

$

1,143,969

$

1,028,131

Unpaid losses and LAE at June 30

Gross

$

1,506,279

$

1,343,248

Ceded

 

(362,310)

 

(315,117)

Net

$

1,143,969

$

1,028,131