Loss and Loss Expense Reserves (Tables)

6 Months Ended

Jun. 30, 2018

Loss and Loss Expense Reserves [Abstract]

Activity in Reserves for Losses and Loss Expenses

Activity in the reserves for losses and loss expenses for the six months ended June 30, 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		151,462			103,666
Claims occurring during prior periods		(1,675	)		16,687
Total incurred		149,787			120,353
Loss and loss expense payments:
Claims occurring during the current period		28,903			23,548
Claims occurring during prior periods		88,965			84,628
Total paid		117,868			108,176
Reserves at the end of the period		404,050			336,944
Reinsurance recoverable on unpaid losses at the end of the period		312,231			290,781
Reserves, gross of reinsurance
recoverable, at the end of the period	$	716,281		$	627,725