Loss and Loss Expense Reserves (Tables)

3 Months Ended

Mar. 31, 2018

Loss and Loss Expense Reserves [Abstract]

Summary of activity in reserves for losses and loss expenses

Activity in the reserves for losses and loss expenses for the three months ended March 31, 2018 and 2017 is summarized as follows.  All amounts are shown net of reinsurance, unless otherwise indicated.

	2018			2017
Reserves, gross of reinsurance
recoverable, at the beginning of the year	$	680,274		$	576,330
Reinsurance recoverable on unpaid losses at the beginning of the year		308,143			251,563
Reserves at the beginning of the year		372,131			324,767
Provision for losses and loss expenses:
Claims occurring during the current period		73,899			48,487
Claims occurring during prior periods		(1,601	)		112
Total incurred		72,298			48,599
Loss and loss expense payments:
Claims occurring during the current period		10,683			9,508
Claims occurring during prior periods		48,655			41,814
Total paid		59,338			51,322
Reserves at the end of the period		385,091			322,044
Reinsurance recoverable on unpaid losses at the end of the period		309,359			256,797
Reserves, gross of reinsurance
recoverable, at the end of the period	$	694,450		$	578,841