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Reinsurance (Tables) | 12 Months Ended
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Dec. 31, 2017
Reinsurance Disclosures [Abstract] |
Effect of reinsurance agreements on premiums earned and losses incurred | Table 9.1 below shows the effect of all reinsurance agreements on premiums earned and losses incurred as reflected in the consolidated statements of operations.
| Table | 9.1 |  |  |  |  |  |
Reinsurance |  |  | Years ended December 31,
| (In thousands) |  | 2017 |  | 2016 |  | 2015
| Premiums earned: |  |  |  |  |  |
| Direct |  | $ | 1,059,973 |  |  | $ | 1,058,545 |  |  | $ | 997,892 |
| Assumed |  | 509 |  |  | 662 |  |  | 1,178 |
| Ceded |  | (125,735 | ) |  | (133,981 | ) |  | (102,848 | )
| Net premiums earned |  | $ | 934,747 |  |  | $ | 925,226 |  |  | $ | 896,222 |
| Losses incurred: |  |  |  |  |  |
| Direct |  | $ | 74,727 |  |  | $ | 273,207 |  |  | $ | 369,680 |
| Assumed |  | 183 |  |  | 1,138 |  |  | 1,552 |
| Ceded |  | (21,201 | ) |  | (34,188 | ) |  | (27,685 | )
| Net losses incurred |  | $ | 53,709 |  |  | $ | 240,157 |  |  | $ | 343,547 |
Quota share reinsurance, excluding captive agreements | Table 9.2 provides a summary of our quota share reinsurance agreements, excluding captive agreements, for 2017, 2016 and 2015.
| Table | 9.2 |  |  |  |  |  |
Quota share reinsurance |  |  | Years ended December 31,
(In thousands) |  | 2017 |  | 2016 |  | 2015 (3)
| Ceded premiums written, net of profit commission (1) |  | $ | 120,974 |  |  | $ | 125,460 |  |  | $ | 41,233 |
| Ceded premiums earned, net of profit commission (1) |  | 120,974 |  |  | 125,460 |  |  | 88,587 |
| Ceded losses incurred |  | 22,336 |  |  | 30,201 |  |  | 17,484 |
| Ceding commissions (2) |  | 49,321 |  |  | 47,629 |  |  | 30,816 |
| Profit commission |  | 125,629 |  |  | 112,685 |  |  | 112,847 |
(1) | Since July 1, 2015, premiums are ceded on an earned and received basis as defined in our QSR Transactions currently in effect.
(2) | Ceding commissions are reported within Other underwriting and operating expenses, net on the consolidated statements of operations.
(3) | The year ended December 31, 2015 includes the non-recurring impact of commuting our 2013 QSR Transaction (see "2013 QSR Transaction" above for additional information). The commutation had no impact on ceded losses incurred.

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- Definition Tabular disclosure of the effect of quota share reinsurance agreements on premiums earned and losses incurred. + References No definition available. + Details
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- Definition Tabular disclosure of the effects of reinsurance, for example, but not limited to, disclosure of direct, assumed, and ceded insurance. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 605 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6486672&loc=d3e27261-158547 + Details
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