XML 29 R19.htm IDEA: XBRL DOCUMENT v3.23.1
Historical Loss And LAE Development (Tables)
3 Months Ended
Mar. 31, 2023
Historical Loss And L A E Development Disclosure [Abstract]  
Schedule of Reconciliation of Unpaid Losses and Settlement Expenses (LAE)

For the Three Months

Ended March 31,

(in thousands)

 

2023

 

2022

Unpaid losses and LAE at beginning of year

Gross

$

2,315,637

$

2,043,555

Ceded

(740,089)

(608,086)

Net

$

1,575,548

$

1,435,469

Increase (decrease) in incurred losses and LAE

Current accident year

$

166,270

$

150,999

Prior accident years

(51,782)

(45,475)

Total incurred

$

114,488

$

105,524

Loss and LAE payments for claims incurred

Current accident year

$

(7,983)

$

(7,875)

Prior accident years

(95,905)

(82,851)

Total paid

$

(103,888)

$

(90,726)

Net unpaid losses and LAE at March 31,

$

1,586,148

$

1,450,267

Unpaid losses and LAE at March 31,

Gross

$

2,286,063

$

2,081,712

Ceded

(699,915)

(631,445)

Net

$

1,586,148

$

1,450,267