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Reinsurance (Tables)
9 Months Ended
Sep. 30, 2020
Insurance [Abstract]  
Impact of the Reinsurance Treaties on Premiums Written and Earned

The impact of the reinsurance contracts on premiums written and earned is as follows:

 

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

September 30,

 

 

September 30,

 

 

 

2020

 

 

2019

 

 

2020

 

 

2019

 

Premiums Written:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Direct

 

$

116,464

 

 

$

97,331

 

 

$

364,942

 

 

$

298,384

 

Assumed

 

 

(13

)

 

 

 

 

 

(92

)

 

 

(2

)

Gross written

 

 

116,451

 

 

 

97,331

 

 

 

364,850

 

 

 

298,382

 

Ceded

 

 

(44,231

)

 

 

(31,568

)

 

 

(109,304

)

 

 

(94,298

)

Net premiums written

 

$

72,220

 

 

$

65,763

 

 

$

255,546

 

 

$

204,084

 

Premiums Earned:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Direct

 

$

106,337

 

 

$

86,002

 

 

$

303,956

 

 

$

251,916

 

Assumed

 

 

357

 

 

 

 

 

 

2,906

 

 

 

(2

)

Gross earned

 

 

106,694

 

 

 

86,002

 

 

 

306,862

 

 

 

251,914

 

Ceded

 

 

(44,231

)

 

 

(31,568

)

 

 

(109,304

)

 

 

(94,298

)

Net premiums earned

 

$

62,463

 

 

$

54,434

 

 

$

197,558

 

 

$

157,616