Reinsurance (Tables)

6 Months Ended

Jun. 30, 2021

Insurance [Abstract]

Schedule of Effect of Reinsurance Arrangements in Consolidated Statement of Income

Effect of Reinsurance

The Company’s reinsurance arrangements had the following effect on certain items in the condensed consolidated statement of income for the three and six months ended June 30, 2021 and 2020:

	Three Months Ended June 30,						Six Months Ended June 30,
	2021			2020			2021			2020
	(In thousands)						(In thousands)
Premium written:
Direct	$	337,700		$	290,432		$	611,881		$	519,534
Ceded		(383,555	)		(327,962	)		(438,172	)		(358,599	)
Net	$	(45,855	)	$	(37,530	)	$	173,709		$	160,935
Premiums earned:
Direct	$	285,646		$	241,792		$	556,057		$	476,508
Ceded		(139,147	)		(112,735	)		(267,359	)		(221,445	)
Net	$	146,499		$	129,057		$	288,698		$	255,063
Loss and Loss Adjustment Expenses
Direct	$	162,788		$	139,311		$	288,282		$	246,676
Ceded		(61,954	)		(60,442	)		(89,539	)		(99,626	)
Net	$	100,834		$	78,869		$	198,743		$	147,050