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Reinsurance (Tables)
 12 Months Ended
Dec. 31, 2014
Reinsurance [Abstract]  
Schedule of Reinsurance Ceded and Recoveries

The following table presents our gross and net premiums written and earned and reinsurance recoveries for each of the last three years (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2014

 

2013

 

2012

Premium Written :

 

 

 

 

 

 

 

 

 

Direct

 

$
473,233 

 

$
458,020 

 

$
385,624 

Assumed

 

 
(15)

 

 
2,007 

 

 
4,218 

Ceded

 

 
(148,866)

 

 
(99,262)

 

 
(57,353)

 

 

$
324,352 

 

$
360,765 

 

$
332,489 

 

 

 

 

 

 

 

 

 

 

Premium Earned:

 

 

 

 

 

 

 

 

 

Direct

 

$
461,367 

 

$
434,022 

 

$
369,735 

Assumed

 

 
327 

 

 
3,204 

 

 
4,114 

Ceded

 

 
(140,477)

 

 
(76,685)

 

 
(54,413)

 

 

$
321,217 

 

$
360,541 

 

$
319,436 

 

 

 

 

 

 

 

 

 

 

Reinsurance recoveries

 

$
99,911 

 

$
45,456 

 

$
29,014