The following table provides an analysis of changes in our property and casualty losses and loss settlement expense reserves at June 30, 2025 and December 31, 2024 (net of reinsurance amounts):



	June 30, 2025		December 31, 2024
Gross liability for losses and loss settlement expenses at beginning of year	$	1,796,782	$	1,638,755
Ceded losses and loss settlement expenses	(198,083)		(191,640)
Net liability for losses and loss settlement expenses at beginning of year	$	1,598,699	$	1,447,115
Losses and loss settlement expenses incurred for claims occurring during
Current year	$	395,308	$	745,813
Prior years	(11,880)		(1,208)
Total incurred	$	383,428	$	744,605
Losses and loss settlement expense payments for claims occurring during
Current year	$	79,271	$	186,322
Prior years	248,988		406,699
Total paid	$	328,259	$	593,021
Net liability for losses and loss settlement expenses at end of period	$	1,653,868	$	1,598,699
Ceded losses and loss settlement expenses	206,263		198,083
Gross liability for losses and loss settlement expenses at end of period	$	1,860,131	$	1,796,782