XML 26 R25.htm IDEA: XBRL DOCUMENT v3.20.1
Reinsurance (Tables)
3 Months Ended
Mar. 31, 2020
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 ended March 31, 2020 and 2019 is as follows:

 

 

 

Three Months Ended

March 31,

 

 

 

2020

 

 

2019

 

Premiums written:

 

 

 

 

 

 

 

 

Direct

 

$

7,718,512

 

 

$

8,197,517

 

Ceded

 

 

246,479

 

 

 

1,952,477

 

Premiums written, net of reinsurance

 

$

7,472,033

 

 

$

6,245,040

 

Premiums earned:

 

 

 

 

 

 

 

 

Direct

 

$

5,901,448

 

 

$

6,353,380

 

Ceded

 

 

1,216,738

 

 

 

862,173

 

Premiums earned, net of reinsurance

 

$

4,684,710

 

 

$

5,491,207

 

Losses and loss adjustment expenses incurred:

 

 

 

 

 

 

 

 

Direct

 

$

3,965,773

 

 

$

3,911,189

 

Ceded

 

 

780,170

 

 

 

589,513

 

Losses and loss adjustment expenses incurred,

   net of reinsurance

 

$

3,185,603

 

 

$

3,321,676