XML 39 R62.htm IDEA: XBRL DOCUMENT v2.4.0.8
Loss and loss adjustment expense reserves - Schedule of activity in the reserve for losses and loss adjustment expenses (Details) (USD $)
In Thousands, unless otherwise specified
9 Months Ended 12 Months Ended
Sep. 30, 2014
Dec. 31, 2013
Sep. 30, 2013
Liability for Unpaid Claims and Claims Adjustment Expense [Roll Forward]      
Gross reserves for loss and loss adjustment expenses, beginning of period $ 134,331 $ 67,271 $ 143,707
Less: loss and loss adjustment expenses recoverable, beginning of period (9,277) 0 (6,284)
Net reserves for loss and loss adjustment expenses, beginning of period (125,054) (67,271) 137,423
Increase (decrease) in net loss and loss adjustment expenses incurred in respect of losses occurring in:      
Current year 149,325 107,279  
Prior years' 1,458 (3,600)  
Total incurred loss and loss adjustment expenses 150,783 103,679  
Net loss and loss adjustment expenses paid in respect of losses occurring in:      
Current year (41,538) (14,951)  
Prior years' (48,398) (18,576)  
Total net paid losses (89,936) (33,527)  
Net reserve for loss and loss adjustment expenses, end of period 185,901 (125,054) 137,423
Plus: loss and loss adjustment expenses recoverable, end of period 1,412 9,277 6,284
Gross reserve for loss and loss adjustment expenses, end of period 187,313 134,331 143,707
Decrease in Reserve
     
Increase (decrease) in net loss and loss adjustment expenses incurred in respect of losses occurring in:      
Prior years'   (3,600)  
Favorable Loss/ Experience on Contracts
     
Increase (decrease) in net loss and loss adjustment expenses incurred in respect of losses occurring in:      
Prior years' 900    
Premium Estimate Decreases/Increases
     
Increase (decrease) in net loss and loss adjustment expenses incurred in respect of losses occurring in:      
Prior years' $ 600