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Reinsurance (Tables)
6 Months Ended
Jun. 30, 2020
Insurance [Abstract]  
Impact of the Reinsurance Treaties on Premiums Written and Earned

The impact of the reinsurance contracts on premiums written and earned is as follows:

 

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

June 30,

 

 

June 30,

 

 

 

2020

 

 

2019

 

 

2020

 

 

2019

 

Premiums Written:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Direct

 

$

171,906

 

 

$

133,441

 

 

$

248,478

 

 

$

201,053

 

Assumed

 

 

(25

)

 

 

 

 

 

(79

)

 

 

(2

)

Gross written

 

 

171,881

 

 

 

133,441

 

 

 

248,399

 

 

 

201,051

 

Ceded

 

 

(34,354

)

 

 

(31,317

)

 

 

(65,073

)

 

 

(62,730

)

Net premiums written

 

$

137,527

 

 

$

102,124

 

 

$

183,326

 

 

$

138,321

 

Premiums Earned:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Direct

 

$

106,852

 

 

$

83,315

 

 

$

197,619

 

 

$

165,914

 

Assumed

 

 

951

 

 

 

 

 

 

2,549

 

 

 

(2

)

Gross earned

 

 

107,803

 

 

 

83,315

 

 

 

200,168

 

 

 

165,912

 

Ceded

 

 

(34,354

)

 

 

(31,317

)

 

 

(65,073

)

 

 

(62,730

)

Net premiums earned

 

$

73,449

 

 

$

51,998

 

 

$

135,095

 

 

$

103,182