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Reinsurance (Tables)
3 Months Ended
Mar. 31, 2018
Reinsurance Disclosures [Abstract]  
Schedule of Ceded Premiums Earned by Type
The table below summarizes the amounts of our ceded premiums written under the various types of agreements, as well as the amortization of prepaid reinsurance premiums:
 
Three Months Ended March 31,
 
2018
 
2017
Quota share
$
(22,607
)
 
$
(19,370
)
Excess-of-loss
(13,861
)
 
(10,229
)
Equipment & identity theft
(2,120
)
 
(2,073
)
Flood
(3,671
)
 
(3,391
)
Ceded premiums written
$
(42,259
)
 
$
(35,063
)
Increase (decrease) in ceded unearned premiums
(74,016
)
 
(39,819
)
Ceded premiums earned
$
(116,275
)
 
$
(74,882
)
Schedule of Catastrophe Losses by Event Magnitude
Current year catastrophe losses disaggregated between named and numbered storms and all other catastrophe loss events are shown in the following table:
 
 
2018
 
2017
 
 
Number of Events
 
Incurred Loss and LAE (1) 
 
Combined Ratio Impact
 
Number of Events
 
Incurred Loss and LAE (1) 
 
Combined Ratio Impact
Three Months Ended March 31,
 
 
 
 
 
 
 
 
 
 
 
 
Current period catastrophe losses incurred
 
 
 
 
 
 
 
 
 
 
 
 
Named and numbered storms
 

 
$

 
%
 

 
$

 
%
All other catastrophe loss events
 
8

 
6,317

 
3.9
%
 
5

 
10,612

 
9.9
%
Total
 
8

 
$
6,317

 
3.9
%
 
5

 
$
10,612

 
9.9
%

(1) Incurred loss and LAE (as defined below) is equal to losses and LAE paid plus the change in case and incurred but not reported reserves. Shown net of losses ceded to reinsurers. Incurred loss and LAE and number of events includes the development on storms during the year in which it occurred.