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CREDIT FACILITIES - Narrative (Details) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Aug. 16, 2024
Jun. 10, 2024
Dec. 31, 2023
Dec. 27, 2023
Dec. 13, 2023
Aug. 18, 2023
Dec. 30, 2022
Nov. 21, 2022
Nov. 03, 2021
Aug. 27, 2021
Aug. 09, 2021
May 05, 2021
Feb. 23, 2021
Line of Credit Facility [Line Items]                                  
Line of credit facility, commitment $ 1,700,000,000   $ 1,700,000,000                            
Uncommitted amount available 240,000,000   240,000,000                            
Borrowings from FHLB $ 819,000,000   $ 819,000,000       $ 819,000,000                    
Federal Home Loan Bank of New York | Everest Reinsurance Company (Everest Re)                                  
Line of Credit Facility [Line Items]                                  
Maximum percentage of admitted assets allowed for borrowing base 10.00%   10.00%                            
Admitted assets for FHLB $ 29,200,000,000   $ 29,200,000,000                            
Maximum amount available under FHLB 2,900,000,000   2,900,000,000                            
Borrowings from FHLB 819,000,000   819,000,000                            
Interest expense incurred 11,000,000 $ 7,000,000 $ 33,000,000 $ 21,000,000                          
Amount of borrowed funds required to be used to acquire additional membership stock, percentage     4.50%                            
Qualifying collateral pledged 1,100,000,000   $ 1,100,000,000                            
Bermuda Re Wells Fargo Bank Bilateral Letter of Credit Facility                                  
Line of Credit Facility [Line Items]                                  
Line of credit facility, commitment 500,000,000   500,000,000       500,000,000                 $ 500,000,000 $ 50,000,000
Extension period for availability           1 year                      
Bermuda Re Citibank LOC Facility - Uncommitted                                  
Line of Credit Facility [Line Items]                                  
Uncommitted amount available                             $ 140,000,000    
Extension period for availability                 2 years                
Bermuda Re Citibank LOC Facility One                                  
Line of Credit Facility [Line Items]                                  
Line of credit facility, commitment 230,000,000   230,000,000       230,000,000               $ 230,000,000    
Bermuda Re Bayerische Landesbank Bilateral Letter of Credit Facility                                  
Line of Credit Facility [Line Items]                                  
Line of credit facility, commitment 200,000,000   200,000,000       200,000,000             $ 200,000,000      
Extension period for availability         3 years                        
Bermuda Re Bayerische Landesbank Bilateral Unsecured Credit Facility - Committed                                  
Line of Credit Facility [Line Items]                                  
Line of credit facility, commitment 150,000,000   150,000,000       150,000,000       $ 150,000,000            
Bermuda Re Lloyd's Bank Credit Facility-Committed                                  
Line of Credit Facility [Line Items]                                  
Line of credit facility, commitment 250,000,000   250,000,000       250,000,000 $ 15,000,000   $ 250,000,000              
Bermuda Re Barclays Bilateral Letter of Credit Facility                                  
Line of Credit Facility [Line Items]                                  
Line of credit facility, commitment 200,000,000   200,000,000       200,000,000           $ 200,000,000        
Total Nordea Bank ABP, NY LOC Facility                                  
Line of Credit Facility [Line Items]                                  
Line of credit facility, commitment 300,000,000   300,000,000       300,000,000         $ 300,000,000          
Nordea Bank Letter of Credit Facility - Committed                                  
Line of Credit Facility [Line Items]                                  
Line of credit facility, commitment 200,000,000   200,000,000       200,000,000         200,000,000          
Nordea Bank Letter of Credit Facility - Uncommitted                                  
Line of Credit Facility [Line Items]                                  
Line of credit facility, commitment $ 100,000,000   $ 100,000,000       $ 100,000,000         $ 100,000,000