Reinsurance (Tables)

9 Months Ended

Sep. 30, 2020

Insurance [Abstract]

Schedule of Reinsurance Recoverable

Reinsurance recoverable is as follows:

	September 30, 2020		December 31, 2019
Reinsurance recoverable on paid losses	$	201,194	$	282,500
Reinsurance recoverable on unpaid losses	1,086,468		1,111,808
Allowance for uncollectible reinsurance	(810)		—
Reinsurance recoverable, net	$	1,286,852	$	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:

	September 30, 2020				December 31, 2019
	Assumed		Ceded		Assumed		Ceded
Unpaid Loss and LAE reserves	$	43,707	$	1,086,468	$	50,884	$	1,111,808
Unearned premiums	18,264		458,960		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 September 30,								Nine Months Ended September 30,
	2020				2019				2020				2019
Premiums:	Written		Earned		Written		Earned		Written		Earned		Written		Earned
Direct	$	1,457,135	$	1,429,247	$	1,417,792	$	1,407,731	$	4,240,217	$	4,189,569	$	4,200,571	$	4,080,131
Assumed	15,992		16,318		17,365		19,029		51,065		48,078		58,272		59,872
Total Gross Premium	1,473,127		1,445,565		1,435,157		1,426,760		4,291,282		4,237,647		4,258,843		4,140,003
Ceded	(207,871)		(266,992)		(400,553)		(373,122)		(801,515)		(918,301)		(1,064,177)		(1,091,557)
Net Premium	$	1,265,256	$	1,178,573	$	1,034,604	$	1,053,638	$	3,489,767	$	3,319,346	$	3,194,666	$	3,048,446

Schedule of Effect of Reinsurance on Losses

	Three Months Ended September 30,								Nine Months Ended September 30,
	2020				2019				2020				2019
	Assumed		Ceded		Assumed		Ceded		Assumed		Ceded		Assumed		Ceded
Loss and LAE	$	5,888	$	192,884	$	7,024	$	245,095	$	19,659	$	579,535	$	23,670	$	605,126