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Reinsurance (Tables)
12 Months Ended
Dec. 31, 2017
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):









 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 



 

2017

 

2016

 

2015

Premium Written :

 

 

 

 

 

 

 

 

 

Direct

 

$

601,780 

 

$

549,077 

 

$

514,223 

Assumed

 

 

2,376 

 

 

 -

 

 

 -

Ceded

 

 

(238,573)

 

 

(187,248)

 

 

(157,279)



 

$

365,583 

 

$

361,829 

 

$

356,944 



 

 

 

 

 

 

 

 

 

Premium Earned:

 

 

 

 

 

 

 

 

 

Direct

 

$

567,089 

 

$

524,229 

 

$

494,643 

Assumed

 

 

1,680 

 

 

 -

 

 

 -

Ceded

 

 

(207,732)

 

 

(170,859)

 

 

(145,562)



 

$

361,037 

 

$

353,370 

 

$

349,081 



 

 

 

 

 

 

 

 

 

Reinsurance recoveries

 

$

144,948 

 

$

116,057 

 

$

89,892