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Reinsurance (Tables)
 3 Months Ended
Mar. 31, 2019
Reinsurance [Abstract]  
Summary of the Effects of Reinsurance



 

 

 

 

 

 



 

 

 

 

 

 



 

Three-Month Periods Ended March 31,



 

2019

 

2018

WRITTEN

 

 

 

 

 

 

Direct

 

$

 15,258,703 

 

$

 14,387,670 

Reinsurance assumed

 

 

 45,135 

 

 

 52,806 

Reinsurance ceded

 

 

 (2,835,043)

 

 

 (2,466,973)

Net

 

$

 12,468,795 

 

$

 11,973,502 

EARNED

 

 

 

 

 

 

Direct

 

$

 15,237,955 

 

$

 13,487,121 

Reinsurance assumed

 

 

 55,375 

 

 

 57,745 

Reinsurance ceded

 

 

 (2,847,416)

 

 

 (2,247,922)

Net

 

$

 12,445,914 

 

$

 11,296,944 

LOSS AND SETTLEMENT EXPENSES INCURRED

 

 

 

 

 

 

Direct

 

$

 14,716,353 

 

$

 9,545,940 

Reinsurance assumed

 

 

 46,306 

 

 

 36,131 

Reinsurance ceded

 

 

 (5,155,369)

 

 

 (1,586,222)

Net

 

$

 9,607,290 

 

$

 7,995,849