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Reinsurance (Tables) | 12 Months Ended
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Dec. 31, 2022
Reinsurance |
Schedule of effects of reinsurance on premiums written, earned, incurred losses and LAE | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Year Ended December 31,
​ | ​ | 2022 | ​ | 2021
​ | ​ | Written | ​ | Earned | ​ | Written | ​ | Earned
Direct premiums | ​ | $ | 462,179 | ​ | $ | 395,968 | ​ | $ | 266,609 | ​ | $ | 213,423
Ceded premiums | ​ |  | (399,400) | ​ |  | (349,952) | ​ |  | (237,102) | ​ |  | (199,366)
Net premiums | ​ | $ | 62,779 | ​ | $ | 46,016 | ​ | $ | 29,507 | ​ | $ | 14,057
​ The effects of reinsurance on incurred losses and LAE for the period since the acquisition date of April 5, 2021 were as follows:
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Year Ended December 31,
​ | ​ | 2022 | ​ | 2021
Direct losses and LAE | ​ | $ | 280,505 | ​ | $ | 181,256
Ceded losses and LAE | ​ | ​ | (224,202) | ​ | ​ | (162,752)
Net losses and LAE | ​ | $ | 56,303 | ​ | $ | 18,504
​
Schedule of reinsurance balances due | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | December 31, 2022 | ​ | December 31, 2021
Ceded unearned premium | ​ | $ | 203,157 | ​ | $ | 153,710
Losses and LAE reserve | ​ | ​ | 76,999 | ​ | ​ | 56,752
Reinsurance recoverable | ​ | ​ | 18,765 | ​ | ​ | 17,780
Other | ​ | ​ | 139 | ​ | ​ | 174
Reinsurance balance due | ​ | $ | 299,060 | ​ | $ | 228,416

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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://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 605 -Section 50 -Paragraph 1 -URI https://asc.fasb.org/extlink&oid=6486672&loc=d3e27261-158547 + Details
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