Reinsurance (Tables)

6 Months Ended

Jun. 30, 2020

Insurance [Abstract]

Schedule of Reinsurance Recoverable

Reinsurance recoverable is as follows:

	June 30, 2020		December 31, 2019
Reinsurance recoverable on paid losses	$	202,595	$	282,500
Reinsurance recoverable on unpaid losses	1,090,558		1,111,808
Allowance for uncollectible reinsurance	(517)		—
Reinsurance recoverable, net	$	1,292,636	$	1,394,308

Schedule of Effect of Reinsurance on Unpaid Loss and LAE Reserves and Unearned Premiums

The following is the effect of reinsurance on unpaid loss and LAE reserves and unearned premiums:

	June 30, 2020				December 31, 2019
	Assumed		Ceded		Assumed		Ceded
Unpaid Loss and LAE reserves	$	45,123	$	1,090,558	$	50,884	$	1,111,808
Unearned premiums	18,590		518,082		15,278		575,747

Schedule of Effect of Reinsurance on Premiums

The following is the effect of reinsurance on premiums and loss and LAE:

	Three Months Ended June 30,								Six Months Ended June 30,
	2020				2019				2020				2019
Premiums:	Written		Earned		Written		Earned		Written		Earned		Written		Earned
Direct	$	1,324,549	$	1,370,172	$	1,293,591	$	1,356,695	$	2,783,082	$	2,760,322	$	2,782,779	$	2,672,400
Assumed	17,052		15,654		20,317		19,843		35,073		31,760		40,907		40,843
Total Gross Premium	1,341,601		1,385,826		1,313,908		1,376,538		2,818,155		2,792,082		2,823,686		2,713,243
Ceded	(326,693)		(320,259)		(318,510)		(345,887)		(593,644)		(651,309)		(663,624)		(718,435)
Net Premium	$	1,014,908	$	1,065,567	$	995,398	$	1,030,651	$	2,224,511	$	2,140,773	$	2,160,062	$	1,994,808

Schedule of Effect of Reinsurance on Losses

	Three Months Ended June 30,								Six Months Ended June 30,
	2020				2019				2020				2019
	Assumed		Ceded		Assumed		Ceded		Assumed		Ceded		Assumed		Ceded
Loss and LAE	$	7,136	$	190,165	$	11,324	$	150,709	$	13,771	$	386,651	$	16,646	$	360,031