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Premiums and Reinsurance Related Information
 6 Months Ended
Jun. 30, 2024
Insurance [Abstract]  
Premiums and Reinsurance Related Information Premiums and Reinsurance Related Information
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)2024202320242023
Written premiums:
Direct$3,380,470 $2,985,563 $6,419,537 $5,724,317 
Assumed337,302 351,210 660,991 661,773 
Ceded(590,993)(525,258)(1,102,458)(999,751)
Total net premiums written$3,126,779 $2,811,515 $5,978,070 $5,386,339 
Earned premiums:
Direct$3,048,872 $2,725,650 $5,985,516 $5,392,712 
Assumed328,114 302,431 666,024 597,661 
Ceded(530,571)(475,354)(1,040,778)(946,214)
Total net premiums earned$2,846,415 $2,552,727 $5,610,762 $5,044,159 
Ceded losses and loss expenses incurred$327,243 $333,795 $633,194 $649,271 
Ceded commissions earned$123,647 $117,523 $244,701 $235,941 
    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, 2024 and 2023:
(In thousands)20242023
Allowance for expected credit losses, beginning of period$35,110 $30,660 
Change in expected credit losses2,169 2,110 
Allowance for expected credit losses, end of period$37,279 $32,770 
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, 2024 and 2023:
(In thousands)20242023
Allowance for expected credit losses, beginning of period$35,039 $32,353 
Change in expected credit losses2,240 417 
Allowance for expected credit losses, end of period$37,279 $32,770 
The Company reinsures a portion of its insurance exposures in order to reduce its net liability on individual risks and catastrophe losses. The Company also cedes premiums to state assigned risk plans and captive insurance companies. Estimated amounts due from reinsurers are reported net of an allowance for expected credit losses.
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, 2024 and 2023:
(In thousands)20242023
Allowance for expected credit losses, beginning of period$8,404 $8,064 
Change in expected credit losses1,851 1,301 
Allowance for expected credit losses, end of period$10,255 $9,365 
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, 2024 and 2023:
(In thousands)20242023
Allowance for expected credit losses, beginning of period$9,185 $8,703 
Change in expected credit losses1,070 662 
Allowance for expected credit losses, end of period$10,255 $9,365