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Reinsurance (FY) (Tables)
3 Months Ended 12 Months Ended
Mar. 31, 2023
Dec. 31, 2022
Reinsurance Disclosures [Abstract]    
Summary of the Effects of Reinsurance

The following table presents the effects of reinsurance and assumption transactions on written premiums, earned premiums and losses and LAE (dollars in thousands):
 
Three Months Ended
March 31,
 
2023
2022
Written premiums:
 
 
Direct
$24,341
$24,796
Assumed
11,873
8,168
Ceded
(17,872)
(14,943)
Net written premiums
$18,342
$18,021
 
 
 
Earned premiums:
 
 
Direct
$23,315
$24,123
Assumed
10,979
8,641
Ceded
(12,342)
(8,809)
Net earned premiums
$21,952
$23,955
 
 
 
Losses and LAE:
 
 
Direct
$1,969
$13,066
Assumed
1,497
7,408
Ceded
10,247
(2,456)
Net Losses and LAE
$13,713
$18,018

The following table presents the effects of reinsurance and assumption transactions on written premiums, earned premiums and losses and LAE (dollars in thousands). In 2022, ceded written and earned premium amounts included $1.6 million of reinsurance reinstatement costs relating to Hurricane Ian. In 2021, ceded written and earned amounts included $340,000 of reinsurance reinstatement costs relating to Winter Storm Uri. In 2021 and 2020, the ceded written and earned premium amounts include $86,000 and $195,000 of reinsurance reinstatement costs relating to Hurricane Irma, respectively.
 
Year Ended December 31,
 
2022
2021
2020
Written premiums:
 
 
 
Direct
$95,832
$97,801
$82,430
Assumed
42,187
34,294
28,905
Ceded
(46,787)
(30,666)
(18,395)
Net written premiums
$91,232
$101,429
$92,940
 
 
 
 
Earned premiums:
 
 
 
Direct
$97,843
$91,943
$75,130
Assumed
37,558
31,107
31,484
Ceded
(38,690)
(24,248)
(17,511)
Net earned premiums
$96,711
$98,802
$89,103
 
 
 
 
Loss and loss adjustment expenses:
 
 
 
Direct
$73,000
$71,021
$48,780
Assumed
43,487
25,740
24,429
Ceded
(35,047)
(26,900)
(16,981)
Net loss and LAE
$81,440
$69,861
$56,228