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Reinsurance (Tables)
6 Months Ended
Jun. 30, 2020
Reinsurance Disclosures [Abstract]  
Effects of reinsurance
The effects of reinsurance on the Company’s written and earned premiums, losses and loss adjustment expenses were as follows:
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
2020
 
2019
 
2020
 
2019
 
($ in thousands)
Premiums written
 
 
 
 
 
 
 
Direct
$
100,469

 
$
85,656

 
$
204,841

 
$
166,454

Assumed
57,458

 
76,322

 
187,988

 
182,213

Ceded
(52,071
)
 
(42,608
)
 
(100,273
)
 
(83,910
)
Net
$
105,856

 
$
119,370

 
$
292,556

 
$
264,757

Premiums earned
 
 
 
 
 
 
 
Direct
$
89,553

 
$
70,445

 
$
178,089

 
$
133,962

Assumed
90,447

 
115,622

 
189,976

 
229,103

Ceded
(48,465
)
 
(34,749
)
 
(96,491
)
 
(65,653
)
Net
$
131,535

 
$
151,318

 
$
271,574

 
$
297,412

Losses and loss adjustment expenses
 
 
 
 
 
 
 
Direct
$
82,291

 
$
62,976

 
$
170,985

 
$
111,380

Assumed
70,337

 
88,651

 
145,057

 
173,175

Ceded
(47,842
)
 
(40,211
)
 
(100,580
)
 
(62,289
)
Net
$
104,786

 
$
111,416

 
$
215,462

 
$
222,266