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Reinsurance (Tables)
6 Months Ended
Jun. 30, 2019
Insurance [Abstract]  
Schedule of Effect of Reinsurance on Premiums Written, Amounts Earned, and Losses Incurred

The effect of reinsurance on premiums written, amounts earned, and losses incurred for the three months and six months ended June 30, 2019 and 2018 is as follows:

 

 

 

Three Months Ended

June 30,

 

 

Six Months Ended

June 30,

 

 

 

2019

 

 

2018

 

 

2019

 

 

2018

 

Premiums written:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Direct

 

$

3,783,325

 

 

$

3,411,489

 

 

$

11,980,842

 

 

$

11,959,869

 

Ceded

 

 

648,254

 

 

 

273,366

 

 

 

2,600,731

 

 

 

2,167,424

 

Premiums written, net of reinsurance

 

$

3,135,071

 

 

$

3,138,123

 

 

$

9,380,111

 

 

$

9,792,445

 

Premiums earned:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Direct

 

$

6,075,535

 

 

$

5,968,691

 

 

$

12,428,915

 

 

$

12,735,067

 

Ceded

 

 

747,541

 

 

 

730,412

 

 

 

1,609,714

 

 

 

1,543,410

 

Premiums earned, net of reinsurance

 

$

5,327,994

 

 

$

5,238,279

 

 

$

10,819,201

 

 

$

11,191,657

 

Losses and loss adjustment expenses incurred:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Direct

 

$

6,365,077

 

 

$

5,854,917

 

 

$

10,276,266

 

 

$

9,804,686

 

Ceded

 

 

2,097,637

 

 

 

1,216,534

 

 

 

2,687,150

 

 

 

1,816,602

 

Losses and loss adjustment expenses incurred,

   net of reinsurance

 

$

4,267,440

 

 

$

4,638,383

 

 

$

7,589,116

 

 

$

7,988,084