Reinsurance

3 Months Ended

Mar. 31, 2022

Reinsurance

Reinsurance

10. Reinsurance

The effects of reinsurance on premiums written and earned for the three months ended March 31, 2022 were as follows:

	2022
	Written		Earned
Direct premiums	$	87,123	$	84,318
Ceded premiums		(60,636)		(71,727)
Net premiums	$	26,487	$	12,591

The effects of reinsurance on incurred losses and LAE for the three months ended March 31, 2022 were as follows:

	2022
Direct losses and LAE	$	68,221
Ceded losses and LAE		(58,973)
Net losses and LAE	$	9,248

The detail of reinsurance balances due is as follows:

	March 31, 2022		December 31, 2021
Unearned premium	$	142,619	$	153,710
Losses and LAE Reserve		71,196		56,752
Reinsurance recoverable		25,746		17,780
Other		178		174
Reinsurance balance due	$	239,739	$	228,416