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Reinsurance (Tables)
 3 Months Ended
Mar. 31, 2018
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). The 2018 ceded written and earned premium amounts include $367,000 of reinsurance reinstatement costs relating to Hurricane Irma.
 
Three Months Ended
March 31,
 
2018
 
2017
Written premiums:
 
 
 
Direct
$
18,855

 
$
20,900

Assumed
4,882

 
5,574

Ceded
(3,892
)
 
(4,150
)
Net written premiums
$
19,845

 
$
22,324

 
 
 
 
Earned premiums:
 
 
 
Direct
$
21,224

 
$
22,060

Assumed
6,500

 
6,204

Ceded
(3,924
)
 
(4,124
)
Net earned premiums
$
23,800

 
$
24,140

 
 
 
 
Losses and LAE:
 
 
 
Direct
$
12,958

 
$
16,033

Assumed
3,554

 
3,875

Ceded
(3,184
)
 
(4,175
)
Net Losses and LAE
$
13,328

 
$
15,733