XML 43 R32.htm IDEA: XBRL DOCUMENT v3.21.2
REINSURANCE (Tables)
6 Months Ended
Jun. 30, 2021
Reinsurance Disclosures [Abstract]  
Schedule of Reinsurance
Catastrophe reinsurance coverage is maintained in three layers as follows:
LayerReinsurers' Limits of Liability
First Layer
100% of $13,500,000 in excess of $4,000,000 retention
Second Layer
100% of $25,000,000 in excess of $17,500,000
Third Layer
100% of $30,000,000 in excess of $42,500,000
Catastrophe Aggregate
100% of $2,000,000 in excess of $2,000,000 after $2,000,000 aggregate deductible