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Reinsurance (Tables)
9 Months Ended
Sep. 30, 2016
Reinsurance Disclosures [Abstract]  
Summary of the Effects of Reinsurance
The following table presents the effects of such reinsurance and assumption transactions on premiums and losses and LAE (dollars in thousands):
 
Three Months Ended
September 30,
 
Nine Months Ended
September 30,
 
2016
 
2015
 
2016
 
2015
Written premiums:
 
 
 
 
 
 
 
Direct
$
22,340

 
$
22,438

 
$
66,473

 
$
65,067

Assumed
6,157

 
1,804

 
17,143

 
3,438

Ceded
(3,863
)
 
4,357

 
(10,755
)
 
(10,298
)
Net written premiums
$
24,634

 
$
28,599

 
$
72,861

 
$
58,207

 
 
 
 
 
 
 
 
Earned premiums:
 
 
 
 
 
 
 
Direct
$
23,057

 
$
21,136

 
$
67,871

 
$
60,487

Assumed
4,196

 
1,906

 
8,186

 
5,716

Ceded
(3,873
)
 
(5,159
)
 
(10,893
)
 
(18,712
)
Net earned premiums
$
23,380

 
$
17,883

 
$
65,164

 
$
47,491

 
 
 
 
 
 
 
 
Losses and LAE:
 
 
 
 
 
 
 
Direct
$
13,616

 
$
10,605

 
$
41,460

 
$
31,149

Assumed
1,750

 
1,082

 
4,106

 
1,887

Ceded
(784
)
 
(1,874
)
 
(4,744
)
 
(5,677
)
Net Losses and LAE
$
14,582

 
$
9,813

 
$
40,822

 
$
27,359