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Reinsurance (Tables)
3 Months Ended
Mar. 31, 2018
Reinsurance [Abstract]  
Summary of the Effects of Reinsurance





 

 

 

 

 

 



 

 

 

 

 

 



 

Three-Month Periods Ended March 31,



 

2018

 

2017

WRITTEN

 

 

 

 

 

 

Direct

 

$

14,387,670 

 

$

12,588,591 

Reinsurance assumed

 

 

52,806 

 

 

39,836 

Reinsurance ceded

 

 

(2,466,973)

 

 

(1,976,230)

Net

 

$

11,973,502 

 

$

10,652,197 

EARNED

 

 

 

 

 

 

Direct

 

$

13,487,121 

 

$

12,792,794 

Reinsurance assumed

 

 

57,745 

 

 

49,218 

Reinsurance ceded

 

 

(2,247,922)

 

 

(2,003,906)

Net

 

$

11,296,944 

 

$

10,838,106 

LOSS AND SETTLEMENT EXPENSES INCURRED

 

 

 

 

 

 

Direct

 

$

9,545,940 

 

$

7,869,502 

Reinsurance assumed

 

 

36,131 

 

 

42,432 

Reinsurance ceded

 

 

(1,586,222)

 

 

(1,312,550)

Net

 

$

7,995,849 

 

$

6,599,384