Loss and Loss Expense Reserves (Tables)

9 Months Ended

Sep. 30, 2020

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 nine months ended September 30, 2020 and 2019 is summarized as follows.  All amounts are shown net of reinsurance, unless otherwise indicated.

	Nine Months Ended
	September 30
	2020			2019
Reserves, gross of reinsurance recoverable, at the beginning of the year	$	988,305		$	865,339
Reinsurance recoverable on unpaid losses at the beginning of the year		398,305			375,935
Reserves at the beginning of the year		590,000			489,404
Provision for losses and loss expenses:
Claims occurring during the current period		234,718			263,925
Claims occurring during prior periods		(5	)		(1,589	)
Total incurred		234,713			262,336
Loss and loss expense payments:
Claims occurring during the current period		47,852			53,836
Claims occurring during prior periods		136,231			133,196
Total paid		184,083			187,032
Reserves at the end of the period		640,630			564,708
Reinsurance recoverable on unpaid losses at the end of the period		413,827			395,987
Reserves, gross of reinsurance recoverable, at the end of the period	$	1,054,457		$	960,695