Reinsurance Activity (Tables)

9 Months Ended

Sep. 30, 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 September 30,								Nine Months Ended September 30,
	2017				2016				2017				2016
	Written		Earned		Written		Earned		Written		Earned		Written		Earned
Premiums from direct business	$	33,909	$	36,096	$	38,200	$	39,839	$	107,497	$	110,048	$	119,955	$	120,902
Reinsurance assumed		3,200		2,993		2,927		2,798		9,427		8,721		8,752		8,180
Reinsurance ceded		(4,028)		(4,596)		(4,038)		(3,890)		(10,215)		(12,116)		(11,783)		(11,881)
Net premiums	$	33,081	$	34,493	$	37,089	$	38,747	$	106,709	$	106,653	$	116,924	$	117,201

Schedule of effects of reinsurance on incurred losses

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

	Three Months Ended September 30,				Nine Months Ended September 30,
	2017		2016		2017		2016
Losses and LAE incurred	$	67,152	$	19,953	$	122,806	$	98,903
Reinsurance recoverables		(35,918)		(3,898)		(36,688)		(23,678)
Net loss and LAE incurred	$	31,234	$	16,055	$	86,118	$	75,225