v3.25.1
Reinsurance (Tables)
 3 Months Ended
Mar. 31, 2025
Reinsurance Disclosures [Abstract]  
Effect Of Reinsurance And Retrocessional Reinsurance On Premiums Written And Earned
The following tables summarize the effect of reinsurance and retrocessional reinsurance on premiums written and earned.
Three Months Ended March 31,
20252024
(dollars in thousands)DirectAssumedCededNet PremiumsDirectAssumedCededNet Premiums
Underwriting:
Written$2,135,972 $729,042 $(554,725)$2,310,289 $2,107,467 $668,699 $(543,956)$2,232,210 
Earned$2,195,483 $438,045 $(544,156)$2,089,372 $2,198,238 $392,942 $(463,380)$2,127,800 
Fronting:
Written773,685 579,531 (1,353,214)2 744,958 419,275 (1,164,406)(173)
Earned739,245 244,306 (983,549)2 703,682 123,271 (827,126)(173)
Consolidated:
Written$2,909,657 $1,308,573 $(1,907,939)$2,310,291 $2,852,425 $1,087,974 $(1,708,362)$2,232,037 
Earned$2,934,728 $682,351 $(1,527,705)$2,089,374 $2,901,920 $516,213 $(1,290,506)$2,127,627 
Effect Of Reinsurance And Retrocessional Reinsurance On Losses and Loss Adjustment Expenses
The following table summarizes the effect of reinsurance and retrocessional reinsurance on losses and loss adjustment expenses in the Company's underwriting operations.

Three Months Ended March 31,
(dollars in thousands)20252024
Gross losses and loss adjustment expenses$1,673,509 $1,693,847 
Ceded losses and loss adjustment expenses(418,927)(406,167)
Net losses and loss adjustment expenses$1,254,582 $1,287,680