XML 54 R44.htm IDEA: XBRL DOCUMENT
v3.23.1

Premiums and Reinsurance Related Information (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2023
Insurance [Abstract] |
Reinsurance Financial Information | The following is a summary of insurance and reinsurance financial information:
| For the Three Months Ended March 31, |  |
(In thousands) | 2023 |  | 2022 |  |  |  |
Written premiums: |  |  |  |  |  |  |
Direct | $ | 2,738,754 |  |  | $ | 2,542,336 |  |  |  |  |
Assumed | 310,563 |  |  | 317,500 |  |  |  |  |
Ceded | (474,493) |  |  | (446,582) |  |  |  |  |
Total net premiums written | $ | 2,574,824 |  |  | $ | 2,413,254 |  |  |  |  |
Earned premiums: |  |  |  |  |  |  |
Direct | $ | 2,667,063 |  |  | $ | 2,404,597 |  |  |  |  |
Assumed | 295,230 |  |  | 292,373 |  |  |  |  |
Ceded | (470,861) |  |  | (447,883) |  |  |  |  |
Total net premiums earned | $ | 2,491,432 |  |  | $ | 2,249,087 |  |  |  |  |
Ceded losses and loss expenses incurred | $ | 315,476 |  |  | $ | 243,294 |  |  |  |  |
Ceded commissions earned | $ | 118,418 |  |  | $ | 117,445 |  |  |  |  |
Premium receivable, allowance for credit loss | The following table presents the rollforward of the allowance for expected credit losses for premiums and fees receivable for the three months ended March 31, 2023 and 2022:
(In thousands) | 2023 |  | 2022
Allowance for expected credit losses, beginning of period | $ | 30,660 |  |  | $ | 25,218 |
Change in expected credit losses | 1,693 |  |  | 3,018 |
Allowance for expected credit losses, end of period | $ | 32,353 |  |  | $ | 28,236 |
Reinsurance Recoverable, Allowance for Credit Loss | The following table presents the rollforward of the allowance for expected credit losses associated with due from reinsurers for the three months ended March 31, 2023 and 2022:
(In thousands) | 2023 |  | 2022
Allowance for expected credit losses, beginning of period | $ | 8,064 |  |  | $ | 7,713 |
Change in expected credit losses | 639 |  |  | (58) |
Allowance for expected credit losses, end of period | $ | 8,703 |  |  | $ | 7,655 |

X
- Definition Tabular disclosure of the effects of reinsurance, for example, but not limited to, disclosure of direct, assumed, and ceded insurance. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 605 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6486672&loc=d3e27261-158547 + Details
Name: | us-gaap_EffectsOfReinsuranceTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_InsuranceAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of allowance for credit loss on premium receivable. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 20 -Section 50 -Paragraph 13 -URI http://asc.fasb.org/extlink&oid=124255953&loc=SL82919249-210447 + Details
Name: | us-gaap_PremiumReceivableAllowanceForCreditLossTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of allowance for credit loss on reinsurance recoverable. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 20 -Section 50 -Paragraph 13 -URI http://asc.fasb.org/extlink&oid=124255953&loc=SL82919249-210447 + Details
Name: | us-gaap_ReinsuranceRecoverableAllowanceForCreditLossTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration