Reinsurance (Tables)
 6 Months Ended
Jun. 30, 2018
Reinsurance Disclosures [Abstract]  
Schedule of Effects of Reinsurance
The following table shows the amounts related to the QSR Transactions:
 
For the three months ended
 
For the six months ended
 
June 30, 2018
 
June 30, 2017
 
June 30, 2018
 
June 30, 2017
 
(In Thousands)
Ceded risk-in-force
3,606,928

 
2,403,027

 
3,606,928

 
2,403,027

Ceded premiums written
(15,318
)
 
(12,034
)
 
(29,843
)
 
(22,326
)
Ceded premiums earned
(18,077
)
 
(11,463
)
 
(34,295
)
 
(21,328
)
Ceded claims and claims expenses
173

 
342

 
716

 
610

Ceding commission written
3,064

 
2,407

 
5,969

 
4,465

Ceding commission earned
3,536

 
2,275

 
6,687

 
4,340

Profit commission
10,707

 
6,536

 
19,908

 
12,187



The effect of our reinsurance agreements on premiums written and earned is as follows:
 
For the three months ended
For the six months ended
 
June 30, 2018
 
June 30, 2017
June 30, 2018
 
June 30, 2017
 
(In Thousands)
Net premiums written
 
 
 
 
 
 
Direct
$
70,677

 
$
46,672

$
136,704

 
$
85,916

Ceded (1)
(6,234
)
 
(6,886
)
(13,231
)
 
(11,527
)
Net premiums written
$
64,443

 
$
39,786

$
123,473

 
$
74,389

 
 
 
 
 
 
 
Net premiums earned
 
 
 
 
 
 
Direct
$
70,609

 
$
44,233

$
134,212

 
$
81,671

Ceded (1)
(8,994
)
 
(6,316
)
(17,683
)
 
(10,529
)
Net premiums earned
$
61,615

 
$
37,917

$
116,529

 
$
71,142

(1) Net of profit commission