REINSURANCE (Tables)

6 Months Ended

Jun. 30, 2019

Reinsurance Disclosures [Abstract]

Reinsurance Recoverables

Reinsurance recoverable, net consisted of the following:

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	June 30,		December 31,
	2019		2018
	(In thousands)
Reinsurance recoverable on paid losses	$	58,513	$	45,028
Reinsurance recoverable on unpaid losses	140,800		166,396
Reinsurance recoverable, net	$	199,313	$	211,424

Premiums Written and Earned

Net premiums written and net premiums earned consisted of the following:

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	Three Months Ended						Six Months Ended
	June 30,						June 30,
	2019			2018			2019			2018
	(In thousands)
Net Premiums Written
Direct	$	169,170		$	166,734		$	301,403		$	301,129
Ceded	(62,339		)	(78,804		)	(74,132		)	(96,581		)
	$	106,831		$	87,930		$	227,271		$	204,548
Net Premiums Earned
Direct	$	141,220		$	146,890		$	279,587		$	293,332
Ceded	(48,914		)	(63,333		)	(98,497		)	(127,666		)
	$	92,306		$	83,557		$	181,090		$	165,666