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Premiums and Reinsurance Related Information
 9 Months Ended
Sep. 30, 2024
Insurance [Abstract]  
Premiums and Reinsurance Related Information Premiums and Reinsurance Related Information
The following is a summary of insurance and reinsurance financial information:
For the Three Months
Ended September 30,		For the Nine Months
Ended September 30,
(In thousands)2024202320242023
Written premiums:
Direct$3,303,682 $3,037,932 $9,723,219 $8,762,249 
Assumed329,596 315,273 990,587 977,047 
Ceded(576,002)(504,746)(1,678,460)(1,504,497)
Total net premiums written$3,057,276 $2,848,459 $9,035,346 $8,234,799 
Earned premiums:
Direct$3,141,883 $2,825,176 $9,127,399 $8,217,888 
Assumed346,780 316,134 1,012,804 913,795 
Ceded(561,840)(499,396)(1,602,618)(1,445,610)
Total net premiums earned$2,926,823 $2,641,914 $8,537,585 $7,686,073 
Ceded losses and loss expenses incurred$319,472 $320,995 $952,666 $970,267 
Ceded commissions earned$129,916 $118,207 $374,618 $354,148 
    The following table presents the rollforward of the allowance for expected credit losses for premiums and fees receivable for the nine months ended September 30, 2024 and 2023:
(In thousands)20242023
Allowance for expected credit losses, beginning of period$35,110 $30,660 
Change in expected credit losses2,961 2,942 
Allowance for expected credit losses, end of period$38,071 $33,602 
The following table presents the rollforward of the allowance for expected credit losses for premiums and fees receivable for the three months ended September 30, 2024 and 2023:
(In thousands)20242023
Allowance for expected credit losses, beginning of period$37,279 $32,770 
Change in expected credit losses792 832 
Allowance for expected credit losses, end of period$38,071 $33,602 
The Company reinsures a portion of its insurance exposures in order to reduce its net liability on individual risks and catastrophe losses. The Company also cedes premiums to state assigned risk plans and captive insurance companies. Estimated amounts due from reinsurers are reported net of an allowance for expected credit losses.
The following table presents the rollforward of the allowance for expected credit losses associated with due from reinsurers for the nine months ended September 30, 2024 and 2023:
(In thousands)20242023
Allowance for expected credit losses, beginning of period$8,404 $8,064 
Change in expected credit losses(72)1,379 
Allowance for expected credit losses, end of period$8,332 $9,443 
The following table presents the rollforward of the allowance for expected credit losses associated with due from reinsurers for the three months ended September 30, 2024 and 2023:
(In thousands)20242023
Allowance for expected credit losses, beginning of period$10,255 $9,365 
Change in expected credit losses(1,923)78 
Allowance for expected credit losses, end of period$8,332 $9,443