Reinsurance

6 Months Ended

Jun. 30, 2022

Reinsurance

Reinsurance

10. Reinsurance

The effects of reinsurance on premiums written and earned for the three and six months ended June 30, 2022, and 2021 were as follows:

	Three Months Ended June 30,
	2022				2021
	Written		Earned		Written		Earned
Direct premiums	$	124,914	$	93,082	$	81,132	$	62,352
Ceded premiums		(117,926)		(83,095)		(70,844)		(59,077)
Net premiums	$	6,988	$	9,987	$	10,288	$	3,275
	Six Months Ended June 30,
	2022				2021
	Written		Earned		Written		Earned
Direct premiums	$	212,037	$	177,400	$	81,132	$	62,352
Ceded premiums		(178,562)		(154,822)		(70,844)		(59,077)
Net premiums	$	33,475	$	22,578	$	10,288	$	3,275

The effects of reinsurance on incurred losses and loss adjustment expense (“LAE”) for the three and six months ended June 30, 2022, and 2021 were as follows:

	Three Months Ended June 30,				Six Months Ended June 30,
	2022		2021		2022		2021
Direct losses and LAE	$	74,617	$	125,295	$	142,838	$	125,295
Ceded losses and LAE		(60,133)		(114,570)		(119,106)		(114,570)
Net losses and LAE	$	14,484	$	10,725	$	23,732	$	10,725

The detail of reinsurance balances due is as follows:

	June 30, 2022		December 31, 2021
Ceded unearned premium	$	177,450	$	153,710
Losses and LAE reserve		75,730		56,752
Reinsurance recoverable		20,460		17,780
Other		331		174
Reinsurance balance due	$	273,971	$	228,416