Premiums and Reinsurance Related Information (Tables)

6 Months Ended

Jun. 30, 2023

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


	For the Three Months Ended June 30,				For the Six Months Ended June 30,

(In thousands)	2023		2022		2023		2022
Written premiums:
Direct	$	2,985,563	$	2,757,739	$	5,724,317	$	5,300,075
Assumed	351,210		294,662		661,773		612,163
Ceded	(525,258)		(466,766)		(999,751)		(913,349)
Total net premiums written	$	2,811,515	$	2,585,635	$	5,386,339	$	4,998,889

Earned premiums:
Direct	$	2,725,650	$	2,511,579	$	5,392,712	$	4,916,177
Assumed	302,431		292,547		597,661		584,920
Ceded	(475,354)		(446,968)		(946,214)		(894,853)
Total net premiums earned	$	2,552,727	$	2,357,158	$	5,044,159	$	4,606,244

Ceded losses and loss expenses incurred	$	333,795	$	305,196	$	649,271	$	548,490
Ceded commissions earned	$	117,523	$	116,991	$	235,941	$	234,436

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 six months ended June 30, 2023 and 2022:


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

Change in expected credit losses	2,110		5,339
Allowance for expected credit losses, end of period	$	32,770	$	30,557

The following table presents the rollforward of the allowance for expected credit losses for premiums and fees receivable for the three months ended June 30, 2023 and 2022:


(In thousands)	2023		2022
Allowance for expected credit losses, beginning of period	$	32,353	$	28,236

Change in expected credit losses	417		2,321
Allowance for expected credit losses, end of period	$	32,770	$	30,557

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 six months ended June 30, 2023 and 2022:


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

Change in expected credit losses	1,301		31
Allowance for expected credit losses, end of period	$	9,365	$	7,744

The following table presents the rollforward of the allowance for expected credit losses associated with due from reinsurers for the three months ended June 30, 2023 and 2022:


(In thousands)	2023		2022
Allowance for expected credit losses, beginning of period	$	8,703	$	7,655

Change in expected credit losses	662		89
Allowance for expected credit losses, end of period	$	9,365	$	7,744