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Reinsurance (Tables)
3 Months Ended
Mar. 31, 2024
Reinsurance Disclosures [Abstract]  
Schedule of Effects of Reinsurance on Premiums Written and Earned and on Net Loss and LAE
The effect of ceded reinsurance on net premiums written and earned and on net loss and LAE for the three months ended March 31, 2024 and 2023 was as follows:
For the Three Months Ended March 31,20242023
Premiums written
Direct
$8,831 $6,859 
Assumed
(508)(6,022)
Ceded
(9)(77)
Net
$8,314 $760 
Premiums earned
Direct
$8,546 $6,862 
Assumed
3,865 2,217 
Ceded
(3)(77)
Net
$12,408 $9,002 
Loss and LAE
Gross loss and LAE
$12,375 $9,796 
Loss and LAE ceded
(750)19 
Net
$11,625 $9,815 
Schedule of Reinsurance Recoverable, Allowance for Credit Loss The following table provides a reconciliation of the beginning and ending balances of the allowance for expected credit losses on reinsurance recoverable for the three months ended March 31, 2024 and 2023:
For the Three Months Ended March 31,
 20242023
Allowance for expected credit losses on reinsurance recoverable, beginning of period$3,240 4,277 
Decrease in allowance for expected credit losses on reinsurance recoverable where credit losses were previously recognized
(802)(23)
Allowance for expected credit losses on reinsurance recoverable, end of period$2,438 4,254