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Reinsurance (Tables)
9 Months Ended
Sep. 30, 2021
Insurance [Abstract]  
Impact of the Reinsurance Contracts on Premiums Written and Earned

The impact of the reinsurance contracts on premiums written and earned is as follows:

 

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

September 30,

 

 

September 30,

 

 

 

2021

 

 

2020

 

 

2021

 

 

2020

 

Premiums Written:

 

 

 

 

 

 

 

 

 

 

 

 

Direct

 

$

143,426

 

 

$

116,464

 

 

$

396,781

 

 

$

364,942

 

Assumed

 

 

30,840

 

 

 

(13

)

 

 

88,311

 

 

 

(92

)

Gross written

 

 

174,266

 

 

 

116,451

 

 

 

485,092

 

 

 

364,850

 

Ceded

 

 

(55,577

)

 

 

(44,231

)

 

 

(145,112

)

 

 

(109,304

)

Net premiums written

 

$

118,689

 

 

$

72,220

 

 

$

339,980

 

 

$

255,546

 

Premiums Earned:

 

 

 

 

 

 

 

 

 

 

 

 

Direct

 

$

120,763

 

 

$

106,337

 

 

$

346,788

 

 

$

303,956

 

Assumed

 

 

29,046

 

 

 

357

 

 

 

73,403

 

 

 

2,906

 

Gross earned

 

 

149,809

 

 

 

106,694

 

 

 

420,191

 

 

 

306,862

 

Ceded

 

 

(55,577

)

 

 

(44,231

)

 

 

(145,112

)

 

 

(109,304

)

Net premiums earned

 

$

94,232

 

 

$

62,463

 

 

$

275,079

 

 

$

197,558