Reinsurance

The following table summarizes the effect of reinsurance on premiums written and earned for the three months ended March 31, 2019 and 2018:



	Three Months Ended March 31,
	2019			2018
	(in thousands)
Written:
Direct	$	84,563		$	63,847
Assumed	63			—
Ceded	(11,559		)	(8,756		)
Net written	$	73,067		$	55,091

Earned:
Direct	$	72,078		$	56,593
Assumed	57			—
Ceded	(10,644		)	(8,532		)
Net earned	$	61,491		$	48,061

Incurred losses and loss adjustment expenses were net of reinsurance (ceded incurred losses and loss adjustment expenses) of $4.3 million and $2.9 million for the three months ended March 31, 2019 and 2018, respectively. At March 31, 2019, reinsurance recoverables on paid and unpaid losses were $1.7 million and $57.6 million, respectively. At December 31, 2018, reinsurance recoverables on paid and unpaid losses were $1.4 million and $55.4 million, respectively.