Excess Workers' Compensation (In thousands) Loss and Loss Expenses Incurred, Net of Reinsurance As of December 31, 2018 For the Year Ended December 31, Unaudited Accident Year 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 IBNR Cumulative Number of Reported Claims 2009 $ 168,762 $ 153,766 $ 153,912 $ 148,223 $ 148,189 $ 138,765 $ 142,768 $ 134,716 $ 129,249 $ 130,790 $ 21,734 1 2010 — 135,639 123,497 120,272 118,712 100,331 104,732 100,065 94,986 95,374 14,497 1 2011 — — 88,650 93,993 98,051 87,064 85,299 83,850 78,246 74,109 17,280 1 2012 — — — 72,366 73,230 71,780 73,653 72,441 67,878 69,361 16,293 1 2013 — — — — 63,995 48,493 46,025 42,419 38,551 35,120 16,473 1 2014 — — — — — 63,465 57,558 49,478 45,758 41,671 18,448 1 2015 — — — — — — 69,977 57,897 50,099 45,115 25,425 — 2016 — — — — — — — 72,657 70,281 71,404 37,500 — 2017 — — — — — — — — 76,701 80,508 42,652 1 2018 — — — — — — — — — 77,820 46,840 1 Total $ 721,272 Cumulative Paid Claims and Claim Adjustment Expenses, Net of Reinsurance For the Year Ended December 31, Unaudited Accident Year 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2009 $ 5,060 $ 8,402 $ 11,037 $ 14,138 $ 20,729 $ 25,272 $ 29,150 $ 33,573 $ 37,817 $ 41,243 2010 — 2,867 4,003 5,571 8,701 9,084 11,699 14,261 18,821 22,355 2011 — — 2,593 4,848 6,395 12,104 15,684 18,638 20,164 21,463 2012 — — — 1,127 6,097 9,480 11,167 13,234 15,738 17,982 2013 — — — — 647 630 2,158 3,008 3,396 4,418 2014 — — — — — 358 1,729 3,354 4,175 5,808 2015 — — — — — — 2,069 2,481 3,272 4,099 2016 — — — — — — — 2,498 4,783 5,573 2017 — — — — — — — — 6,282 12,810 2018 — — — — — — — — — 6,141 Total $ 141,892 Reserves for loss and loss adjustment expenses before 2009, net of reinsurance 740,877 Reserves for loss and loss adjustment expenses, net of reinsurance $ 1,320,257 81