Reinsurance Activity (Tables)

9 Months Ended

Sep. 30, 2018

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,
	2018				2017				2018				2017
	Written		Earned		Written		Earned		Written		Earned		Written		Earned
Premiums from direct business	$	32,738	$	33,399	$	33,909	$	36,096	$	101,624	$	100,139	$	107,497	$	110,048
Reinsurance assumed		3,414		3,181		3,200		2,993		10,023		9,292		9,427		8,721
Reinsurance ceded		(2,353)		(2,395)		(4,028)		(4,596)		(6,698)		(6,826)		(10,215)		(12,116)
Net premiums	$	33,799	$	34,185	$	33,081	$	34,493	$	104,949	$	102,605	$	106,709	$	106,653

Schedule of effects of reinsurance on incurred losses

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

	Three Months Ended September 30,				Nine Months Ended September 30,
	2018		2017		2018		2017
Losses and LAE incurred	$	19,158	$	67,152	$	56,479	$	122,806
Reinsurance recoverables		(446)		(35,918)		2,174		(36,688)
Net loss and LAE incurred	$	18,712	$	31,234	$	58,653	$	86,118