Reinsurance (Tables)
12 Months Ended
Dec. 31, 2015
Reinsurance [Abstract]  
Schedule of Reinsurance Ceded and Recoveries

The following table presents our gross and net premiums written and earned and reinsurance recoveries for each of the last three years (in thousands):

 

Included in reinsurance recoverable on the consolidated balance sheets are paid loss recoverables of $XX million and $17.0 million as of December 31, 2015 and 2014, respectively.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2015

 

2014

 

2013

Premium Written :

 

 

 

 

 

 

 

 

 

Direct

 

$

514,223 

 

$

473,233 

 

$

458,020 

Assumed

 

 

 -

 

 

(15)

 

 

2,007 

Ceded

 

 

(157,279)

 

 

(148,866)

 

 

(99,262)

 

 

$

356,944 

 

$

324,352 

 

$

360,765 

 

 

 

 

 

 

 

 

 

 

Premium Earned:

 

 

 

 

 

 

 

 

 

Direct

 

$

494,643 

 

$

461,367 

 

$

434,022 

Assumed

 

 

 -

 

 

327 

 

 

3,204 

Ceded

 

 

(145,562)

 

 

(140,477)

 

 

(76,685)

 

 

$

349,081 

 

$

321,217 

 

$

360,541 

 

 

 

 

 

 

 

 

 

 

Reinsurance recoveries

 

$

89,892 

 

$

99,911 

 

$

45,456