REINSURANCE (Tables)

6 Months Ended

Jun. 30, 2020

Reinsurance Disclosures [Abstract]

Reinsurance Recoverables

Reinsurance recoverable, net consisted of the following:

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	June 30,		December 31,
	2020		2019
	(In thousands)
Reinsurance recoverable on paid losses	$	45,678	$	45,186
Reinsurance recoverable on unpaid losses	183,031		164,429
Reinsurance recoverable, net	$	228,709	$	209,615

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,
	2020		2019		2020		2019
	(In thousands)
Net Premiums Written
Direct	$	205,378	$	169,170	$	378,340	$	301,403
Ceded	(60,751)		(62,339)		(74,517)		(74,132)
	$	144,627	$	106,831	$	303,823	$	227,271
Net Premiums Earned
Direct	$	179,896	$	141,220	$	355,470	$	279,587
Ceded	(68,418)		(48,914)		(138,082)		(98,497)
	$	111,478	$	92,306	$	217,388	$	181,090