REINSURANCE (Tables)

12 Months Ended

Dec. 31, 2021

Reinsurance Disclosures [Abstract]

Reinsurance Recoverables

Reinsurance recoverable, net consisted of the following:

	December 31,
	2021		2020
	(In thousands)
Reinsurance recoverable on paid losses	$	59,096	$	54,898
Reinsurance recoverable on unpaid losses	554,356		358,193
Allowance for credit loss	(249)		(65)
Reinsurance recoverable, net	$	613,203	$	413,026

Premiums Written and Earned

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

	Year Ended December 31,
	2021		2020		2019
	(In thousands)
Net Premiums Written
Direct	$	684,777	$	726,885	$	610,608
Ceded	(501,070)		(490,262)		(232,729)
	$	183,707	$	236,623	$	377,879
Net Premiums Earned
Direct	$	708,820	$	720,967	$	582,334
Ceded	(525,517)		(356,833)		(218,682)
	$	183,303	$	364,134	$	363,652