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Property and Casualty Unpaid Claims and Claim Expenses | 6 Months Ended
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Jun. 30, 2019
Insurance Loss Reserves [Abstract] |
Property and Casualty Unpaid Claims and Claim Expenses | The following table is a summary reconciliation of the beginning and ending Property and Casualty unpaid claims and claim expense reserves for the periods indicated. The table presents reserves on both gross and net (after reinsurance) bases. The total net Property and Casualty insurance claims and claim expense incurred amounts are reflected in the Consolidated Statements of Operations. The end of the period gross reserve (before reinsurance) balances and the reinsurance recoverable balances are reflected on a gross basis in the Consolidated Balance Sheets.
($ in thousands) |  | Three Months Ended June 30, |  | Six Months Ended June 30,
|  | 2019 |  | 2018 |  | 2019 |  | 2018
Property and Casualty |  |  |  |  |  |  |  |  |  |
Beginning gross reserves (1) |  | $ | 359,701 |  |  | $ | 331,255 |  |  | $ | 367,180 |  |  | $ | 319,182 |
Less: reinsurance recoverables |  | 78,328 |  |  | 62,917 |  |  | 89,725 |  |  | 57,409 |
Net reserves, beginning of period (2) |  | 281,373 |  |  | 268,338 |  |  | 277,455 |  |  | 261,773 |
Incurred claims and claim expenses: |  |  |  |  |  |  |  |  |  |
Claims occurring in the current period |  | 134,411 |  |  | 147,005 |  |  | 253,178 |  |  | 267,993 |
Decrease in estimated reserves for claims occurring in prior periods (3) |  | (2,000 | ) |  | — |  |  | (4,000 | ) |  | (300 | )
Total claims and claim expenses incurred (4) |  | 132,411 |  |  | 147,005 |  |  | 249,178 |  |  | 267,693 |
Claims and claim expense payments for claims occurring during: |  |  |  |  |  |  |  |  |  |
Current period |  | 83,755 |  |  | 80,403 |  |  | 129,469 |  |  | 127,451 |
Prior periods |  | 39,512 |  |  | 45,006 |  |  | 106,647 |  |  | 112,081 |
Total claims and claim expense payments |  | 123,267 |  |  | 125,409 |  |  | 236,116 |  |  | 239,532 |
Net reserves, end of period (2) |  | 290,517 |  |  | 289,934 |  |  | 290,517 |  |  | 289,934 |
Plus: reinsurance recoverables |  | 77,345 |  |  | 62,883 |  |  | 77,345 |  |  | 62,883 |
Ending gross reserves (1) |  | $ | 367,862 |  |  | $ | 352,817 |  |  | $ | 367,862 |  |  | $ | 352,817 |
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(1) | Unpaid claims and claim expenses as reported in the Consolidated Balance Sheets also include reserves for Life and Retirement of $30,477 thousand and $27,016 thousand as of June 30, 2019 and 2018, respectively, in addition to Property and Casualty reserves.
(2) | Reserves net of anticipated reinsurance recoverables.
(3) | Shows the amounts by which the Company decreased its reserves in each of the periods indicated for claims occurring in previous periods to reflect subsequent information on such claims and changes in their projected final settlement costs.
(4) | Benefits, claims and settlement expenses as reported in the Consolidated Statements of Operations also include amounts for Life and Retirement of $20,281 thousand and $42,898 thousand for the three and six month periods ended June 30, 2019, respectively, in addition to Property and Casualty amounts. Benefits, claims and settlement expenses for Life and Retirement were $21,273 thousand and $44,147 thousand for the three and six month periods ended June 30, 2018, respectively.
Net favorable development of total reserves for Property and Casualty claims occurring in prior years was $4.0 million and $0.3 million for the six month periods ended June 30, 2019 and 2018, respectively. The favorable development for the six month period ended June 30, 2019 was the result of favorable loss trends in auto and homeowners loss emergence for accident years 2018 and prior. The favorable development for the six month period ended June 30, 2018 was predominately the result of favorable loss trends in homeowners emergence for accident years 2017 and prior.

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- Definition The entire disclosure for liabilities related to future policy benefits and unpaid claims and claim adjustments. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 40 -URI http://asc.fasb.org/subtopic&trid=2560295 + Details
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