First American Financial Corp - 10-Q filing on 2016-04-21

Reserve for Known and Incurred but Not Reported Claims (Tables)

3 Months Ended

Mar. 31, 2016

A summary of the Company’s loss reserves is as follows:

(in thousands, except percentages)	March 31, 2016				December 31, 2015
Known title claims	$	77,156	7.8	%	$	87,543	8.9	%
Incurred but not reported claims		854,106	86.9	%		844,364	85.8	%
Total title claims		931,262	94.7	%		931,907	94.7	%
Non-title claims		52,412	5.3	%		51,973	5.3	%
Total loss reserves	$	983,674	100.0	%	$	983,880	100.0	%