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Premiums and Reinsurance Related Information
 9 Months Ended
Sep. 30, 2025
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 September 30,		For the Nine Months
Ended September 30,
(In thousands)2025202420252024
Written premiums:
Direct$3,483,768 $3,303,682 $10,405,445 $9,723,219 
Assumed352,488 329,596 1,092,519 990,587 
Ceded(609,326)(576,002)(1,786,292)(1,678,460)
Total net premiums written$3,226,930 $3,057,276 $9,711,672 $9,035,346 
Earned premiums:
Direct$3,401,897 $3,141,883 $9,970,992 $9,127,399 
Assumed352,745 346,780 1,028,862 1,012,804 
Ceded(598,260)(561,840)(1,732,906)(1,602,618)
Total net premiums earned$3,156,382 $2,926,823 $9,266,948 $8,537,585 
Ceded losses and loss expenses incurred$286,799 $319,472 $955,974 $952,666 
Ceded commissions earned$138,091 $129,916 $413,614 $374,618 
    The following table presents the rollforward of the allowance for expected credit losses for premiums and fees receivable for the nine months ended September 30, 2025 and 2024:
(In thousands)20252024
Allowance for expected credit losses, beginning of period$39,884 $35,110 
Change in expected credit losses41 2,961 
Allowance for expected credit losses, end of period$39,925 $38,071 
The following table presents the rollforward of the allowance for expected credit losses for premiums and fees receivable for the three months ended September 30, 2025 and 2024:
(In thousands)20252024
Allowance for expected credit losses, beginning of period$38,960 $37,279 
Change in expected credit losses965 792 
Allowance for expected credit losses, end of period$39,925 $38,071 
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 nine months ended September 30, 2025 and 2024:
(In thousands)20252024
Allowance for expected credit losses, beginning of period$8,350 $8,404 
Change in expected credit losses(1,751)(72)
Allowance for expected credit losses, end of period$6,599 $8,332 
The following table presents the rollforward of the allowance for expected credit losses associated with due from reinsurers for the three months ended September 30, 2025 and 2024:
(In thousands)20252024
Allowance for expected credit losses, beginning of period$6,954 $10,255 
Change in expected credit losses(355)(1,923)
Allowance for expected credit losses, end of period$6,599 $8,332