v3.25.1
Reinsurance (Tables)
 3 Months Ended
Mar. 31, 2025
Insurance [Abstract]  
Impact of the Reinsurance Contracts on Premiums Written and Earned

The impact of the reinsurance contracts on premiums written and earned is as follows:

 

 

 

Three Months Ended

 

 

 

March 31,

 

 

 

2025

 

 

2024

 

Premiums Written:

 

 

 

 

 

 

Direct

 

$

268,456

 

 

$

211,895

 

Assumed

 

 

20,790

 

 

 

43,091

 

Gross written

 

 

289,246

 

 

 

254,986

 

Ceded

 

 

(99,635

)

 

 

(68,106

)

Net premiums written

 

$

189,611

 

 

$

186,880

 

Premiums Earned:

 

 

 

 

 

 

Direct

 

$

249,402

 

 

$

189,675

 

Assumed

 

 

50,981

 

 

 

66,969

 

Gross earned

 

 

300,383

 

 

 

256,644

 

Ceded

 

 

(99,635

)

 

 

(68,106

)

Net premiums earned

 

$

200,748

 

 

$

188,538