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GEOGRAPHICAL BREAKDOWN OF GROSS WRITTEN PREMIUM (Tables)

3 Months Ended

Mar. 31, 2022

Schedule of Direct and Assumed Written Premiums

The following table reflects amounts affecting the condensed consolidated statements of operations and comprehensive loss for reinsurance for the three months ended March 31, 2022 and 2021:


	Three Months Ended March 31,
		2022		2021
		(dollars in millions)










Premiums written:
Direct		$	173.5	$	202.5
Assumed		13.7		—
Ceded		(102.4)		(89.6)
Net premiums written		$	84.8	$	112.9
Premiums earned:
Direct		$	165.5	$	160.2
Assumed		9.2		—
Ceded		(96.4)		(101.1)
Net premiums earned		$	78.3	$	59.1
Losses and LAE incurred:
Direct		$	151.7	$	129.2
Assumed		11.2		—
Ceded		(66.2)		(69.3)
Net losses and LAE incurred		$	96.7	$	59.9

Gross written premium by state is as follows for the three months ended March 31, 2022 and 2021:


	Three Months Ended March 31,
		2022	2021
			Amount		% of Total		Amount		% of Total
State			(dollars in millions)
Texas(1)			$	37.3	19.9	%	$	43.0	21.2	%
Georgia			18.8		10.0		19.0		9.4
Louisiana			10.7		5.7		10.3		5.1
Colorado			10.7		5.7		8.9		4.4
Pennsylvania			10.0		5.3		10.4		5.1
Utah			9.0		4.8		8.6		4.2
Nevada			8.7		4.6		8.3		4.1
South Carolina			7.1		3.8		6.1		3.0
Oklahoma			6.3		3.4		6.6		3.3
Missouri			6.0		3.2		7.9		3.9
All others states			62.6		33.6		73.4		36.3
Total			$	187.2	100.0	%	$	202.5	100.0	%

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(1) Includes assumed premiums, which commenced in August 2021. Assumed written premium for the three months ended March 31, 2022 was $13.7 million. Prior to the fronting carrier commencement, we did not assume any premiums.