Premiums and Reinsurance Related Information (Tables)

3 Months Ended

Mar. 31, 2023

The following is a summary of insurance and reinsurance financial information:


	For the Three Months Ended March 31,

(In thousands)	2023		2022
Written premiums:
Direct	$	2,738,754	$	2,542,336
Assumed	310,563		317,500
Ceded	(474,493)		(446,582)
Total net premiums written	$	2,574,824	$	2,413,254

Earned premiums:
Direct	$	2,667,063	$	2,404,597
Assumed	295,230		292,373
Ceded	(470,861)		(447,883)
Total net premiums earned	$	2,491,432	$	2,249,087

Ceded losses and loss expenses incurred	$	315,476	$	243,294
Ceded commissions earned	$	118,418	$	117,445

Premium receivable, allowance for credit loss

The following table presents the rollforward of the allowance for expected credit losses for premiums and fees receivable for the three months ended March 31, 2023 and 2022:


(In thousands)	2023		2022
Allowance for expected credit losses, beginning of period	$	30,660	$	25,218

Change in expected credit losses	1,693		3,018
Allowance for expected credit losses, end of period	$	32,353	$	28,236

Reinsurance Recoverable, Allowance for Credit Loss

The following table presents the rollforward of the allowance for expected credit losses associated with due from reinsurers for the three months ended March 31, 2023 and 2022:


(In thousands)	2023		2022
Allowance for expected credit losses, beginning of period	$	8,064	$	7,713

Change in expected credit losses	639		(58)
Allowance for expected credit losses, end of period	$	8,703	$	7,655