XML 34 R25.htm IDEA: XBRL DOCUMENT v3.22.2
Reserve For Losses, LAE And Future Policy Benefit Reserve (Tables)
6 Months Ended
Jun. 30, 2022
Reserve For Losses, LAE And Future Policy Benefit Reserve [Abstract]  
Summary Of Activity In The Reserve For Losses And LAE
Six Months Ended
 
June 30,
(Dollars in thousands)
2022
2021
Gross reserves beginning of period
$
19,009,486
$
16,322,143
 
Less reinsurance recoverables on unpaid losses
(1,946,365)
(1,843,691)
 
Net reserves beginning of period
17,063,121
14,478,452
Incurred related to:
 
Current year
3,667,769
3,302,013
 
Prior years
(1,659)
(4,453)
 
Total incurred losses and LAE
3,666,110
3,297,560
Paid related to:
 
Current year
 
978,599
710,677
 
Prior years
1,483,844
1,399,579
 
Total paid losses and LAE
2,462,443
2,110,256
Foreign exchange/translation adjustment
(259,484)
35,651
Net reserves end of period
18,007,304
15,701,407
 
Plus reinsurance recoverables on unpaid losses
1,985,750
1,862,760
 
Gross reserves end of period
$
19,993,054
$
17,564,167
(Some amounts may not reconcile due
 
to rounding.)