Reinsurance (Tables)

6 Months Ended

Jun. 30, 2020

Reinsurance Disclosures [Abstract]

Summary of the Effects of Reinsurance

The following table presents the effects of reinsurance and assumption transactions on written premiums, earned premiums and losses and LAE (dollars in thousands):

	Three Months Ended June 30,						Six months ended June 30,
	2020			2019			2020			2019
Written premiums:
Direct	$	19,595		$	14,954		$	39,225		$	33,417
Assumed		7,950			10,215			13,404			15,968
Ceded		(4,480	)		(3,735	)		(8,513	)		(7,629	)
Net written premiums	$	23,065		$	21,434		$	44,116		$	41,756
Earned premiums:
Direct	$	17,913		$	17,254		$	35,371		$	35,258
Assumed		8,046			7,828			16,641			15,374
Ceded		(4,201	)		(3,733	)		(8,237	)		(7,596	)
Net earned premiums	$	21,758		$	21,349		$	43,775		$	43,036
Losses and LAE:
Direct	$	10,739		$	17,434		$	23,065		$	34,232
Assumed		4,347			5,741			9,969			10,255
Ceded		(3,141	)		(8,793	)		(6,820	)		(15,649	)
Net Losses and LAE	$	11,945		$	14,382		$	26,214		$	28,838