Reinsurance Activity (Tables)

3 Months Ended

Mar. 31, 2017

Reinsurance Activity

Schedule of effects of reinsurance on premiums written and earned

The effects of reinsurance on premiums written and earned are summarized as follows (in thousands).

	Three Months Ended March 31,
	2017				2016
	Written		Earned		Written		Earned
Premiums from direct business	$	35,795	$	37,198	$	39,079	$	40,886
Reinsurance assumed		2,869		2,818		2,679		2,669
Reinsurance ceded		(3,213)		(3,876)		(3,498)		(3,822)
Net premiums	$	35,451	$	36,140	$	38,260	$	39,733

Schedule of effects of reinsurance on incurred losses

The effects of reinsurance on incurred losses are as follows (in thousands).

	Three Months Ended March 31,
	2017		2016
Loss and LAE incurred	$	22,302	$	23,489
Reinsurance recoverables		(602)		(1,530)
Net loss and LAE incurred	$	21,700	$	21,959