Reinsurance (Tables)

3 Months Ended

Mar. 31, 2015

A summary of our quota share reinsurance agreements, excluding captive agreements, for the three months ended March 31, 2015 and 2014 appears below.

	Three months ended March 31,
	2015		2014
	(In thousands)

Ceded premiums written, net of profit commission	$	27,136	$	21,486

Ceded premiums earned, net of profit commission		24,613		19,627

Ceded losses incurred		4,873		2,519

Ceding commissions (1)		10,122		8,740

(1)	Ceding commissions are reported within Other underwriting and operating expenses, net on the consolidated statements of operations.