Premiums and Reinsurance Related Information (Tables)

6 Months Ended

Jun. 30, 2022

The following is a summary of insurance and reinsurance financial information:


	For the Three Months Ended June 30,				For the Six Months Ended June 30,

(In thousands)	2022		2021		2022		2021
Written premiums:
Direct	$	2,757,739	$	2,395,114	$	5,300,075	$	4,572,276
Assumed	294,662		266,122		612,163		573,672
Ceded	(466,766)		(449,055)		(913,349)		(883,729)
Total net premiums written	$	2,585,635	$	2,212,181	$	4,998,889	$	4,262,219

Earned premiums:
Direct	$	2,511,579	$	2,151,739	$	4,916,177	$	4,154,784
Assumed	292,547		259,166		584,920		518,707
Ceded	(446,968)		(439,281)		(894,853)		(851,911)
Total net premiums earned	$	2,357,158	$	1,971,624	$	4,606,244	$	3,821,580

Ceded losses and loss expenses incurred	$	305,196	$	255,163	$	548,490	$	553,903
Ceded commissions earned	$	116,991	$	106,834	$	234,436	$	208,515

Premium receivable, allowance for credit loss

The following table presents the rollforward of the allowance for expected credit losses for premiums and fees receivable for the six months ended June 30, 2022 and 2021:


(In thousands)	2022		2021
Allowance for expected credit losses, beginning of period	$	25,218	$	22,883

Provision for expected credit losses	5,339		1,925
Allowance for expected credit losses, end of period	$	30,557	$	24,808

The following table presents the rollforward of the allowance for expected credit losses for premiums and fees receivable for the three months ended June 30, 2022 and 2021:


(In thousands)	2022		2021
Allowance for expected credit losses, beginning of period	$	28,236	$	24,264

Provision for expected credit losses	2,321		544
Allowance for expected credit losses, end of period	$	30,557	$	24,808

Reinsurance Recoverable, Allowance for Credit Loss

The following table presents the rollforward of the allowance for expected credit losses associated with due from reinsurers for the six months ended June 30, 2022 and 2021:


(In thousands)	2022		2021
Allowance for expected credit losses, beginning of period	$	7,713	$	7,801

Change in expected credit losses	31		(518)
Allowance for expected credit losses, end of period	$	7,744	$	7,283

The following table presents the rollforward of the allowance for expected credit losses associated with due from reinsurers for the three months ended June 30, 2022 and 2021:


(In thousands)	2022		2021
Allowance for expected credit losses, beginning of period	$	7,655	$	7,373

Change in expected credit losses	89		(90)
Allowance for expected credit losses, end of period	$	7,744	$	7,283