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Reinsurance (Tables)
 6 Months Ended
Jun. 30, 2019
Reinsurance Disclosures [Abstract]  
Schedule of Effects of Reinsurance
The effect of our reinsurance agreements on premiums written and earned is as follows:
 
For the three months ended
 
For the six months ended
 
June 30, 2019
 
June 30, 2018
 
June 30, 2019
 
June 30, 2018
 
(In Thousands)
Net premiums written
 
 
 
 
 
 
 
Direct
$
92,213

 
$
70,677

 
$
173,943

 
$
136,704

Ceded (1)
(9,604
)
 
(6,234
)
 
(19,411
)
 
(13,231
)
Net premiums written
$
82,609

 
$
64,443

 
$
154,532

 
$
123,473

 


 


 


 


Net premiums earned


 


 


 


Direct
$
95,180

 
$
70,609

 
$
181,478

 
$
134,212

Ceded (1)
(11,931
)
 
(8,994
)
 
(24,360
)
 
(17,683
)
Net premiums earned
$
83,249

 
$
61,615

 
$
157,118

 
$
116,529

(1) 
Net of profit commission
The following table shows the amounts related to the QSR Transactions:
 
For the three months ended
 
For the six months ended
 
June 30, 2019
 
June 30, 2018
 
June 30, 2019
 
June 30, 2018
 
(In Thousands)
Ceded risk-in-force
$
4,558,862

 
$
3,606,928

 
$
4,558,862

 
$
3,606,928

Ceded premiums written
(18,592
)
 
(15,318
)
 
(37,437
)
 
(29,843
)
Ceded premiums earned
(20,919
)
 
(18,077
)
 
(42,387
)
 
(34,295
)
Ceded claims and claim expenses
770

 
173

 
1,669

 
716

Ceding commission written
3,717

 
3,064

 
7,488

 
5,969

Ceding commission earned
4,171

 
3,536

 
8,377

 
6,687

Profit commission
11,884

 
10,707

 
23,945

 
19,908