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Reinsurance
 3 Months Ended
Mar. 31, 2013
Reinsurance Disclosures [Abstract]  
Reinsurance
Reinsurance
The following is a summary of reinsurance financial information:
  
 
For the Three Months Ended
 
 
March 31,
(In thousands)
 
2013
 
2012
Written premiums:
 
 
 
 
Direct
 
$
1,400,412

 
$
1,201,019

Assumed
 
231,209

 
200,507

Ceded
 
(254,655
)
 
(198,000
)
Total net premiums written
 
$
1,376,966

 
$
1,203,526

 
 
 
 
 
Earned premiums:
 
 
 
 
Direct
 
$
1,240,562

 
$
1,103,956

Assumed
 
214,016

 
179,518

Ceded
 
(222,459
)
 
(183,823
)
Total net premiums earned
 
$
1,232,119

 
$
1,099,651

 
 
 
 
 
Ceded losses incurred
 
$
110,551

 
$
85,277


The Company reinsures a portion of its exposures principally to reduce its net liability on individual risks and to protect against catastrophic losses. The Company also cedes premiums to state assigned risk plans and captive insurance companies. Estimated amounts due from reinsurers are reported net of reserves for uncollectible reinsurance of $2 million as of March 31, 2013 and December 31, 2012.