Annual report pursuant to Section 13 and 15(d)

Loss and Loss Adjustment Expenses (Tables)

v3.24.1
Loss and Loss Adjustment Expenses (Tables)
12 Months Ended
Dec. 31, 2023
Liability for Future Policy Benefits and Unpaid Claims and Claims Adjustment Expense [Abstract]  
Schedule of Changes in Aggregate Reserves of Loss and Loss Adjustment Expenses

The following tables show changes in aggregate reserves for the Company's loss and loss adjustment expenses:

 

December 31, 2023

 

 

December 31, 2022

 

Net reserves at January 1,

 

$

 

 

$

 

Incurred loss and loss adjustment expenses

 

 

 

 

 

 

  Provisions for insured events of the current year

 

 

388,498

 

 

 

 

  Change in provision for insured events of prior year

 

 

 

 

 

 

  Total incurred loss and loss adjustment expense

 

 

388,498

 

 

 

 

Payments

 

 

 

 

 

 

  Loss and loss adjustment expenses attributable to insured events of the current year

 

 

122,957

 

 

 

 

  Loss and loss adjustment expenses attributable to insured events of the prior year

 

 

 

 

 

 

  Total payments

 

 

122,957

 

 

 

 

Net reserves at December 31,

 

$

265,541

 

 

$