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Reinsurance (Tables)
9 Months Ended
Sep. 30, 2014
Insurance [Abstract]  
Impact of Catastrophe Excess of Loss Reinsurance and Quota Share Treaties on Premiums Written and Earned

The impact of the catastrophe excess of loss reinsurance and quota share treaties on premiums written and earned is as follows:

 

     Three Months Ended
September 30,
    Nine Months Ended
September 30,
 
     2014     2013     2014     2013  

Premiums Written:

        

Direct

   $ 86,257      $ 78,140      $ 307,199      $ 281,912   

Assumed

     (172     (221     (1,255     (2,297
  

 

 

   

 

 

   

 

 

   

 

 

 

Gross written

     86,085        77,919        305,944        279,615   

Ceded

     (27,684     (28,310     (83,764     (74,923
  

 

 

   

 

 

   

 

 

   

 

 

 

Net premiums written

   $ 58,401      $ 49,609      $ 222,180      $ 204,692   
  

 

 

   

 

 

   

 

 

   

 

 

 

Premiums Earned:

        

Direct

   $ 85,357      $ 75,512      $ 245,638      $ 193,465   

Assumed

     3,587        5,732        28,415        52,278   
  

 

 

   

 

 

   

 

 

   

 

 

 

Gross earned

     88,944        81,244        274,053        245,743   

Ceded

     (27,684     (28,310     (83,764     (74,923
  

 

 

   

 

 

   

 

 

   

 

 

 

Net premiums earned

   $ 61,260      $ 52,934      $ 190,289      $ 170,820