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REINSURANCE (Tables) | 9 Months Ended
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Sep. 30, 2022
SEC Schedule, 12-17, Insurance Companies, Reinsurance [Abstract] |
Schedule of Effect of Reinsurance and Retrocessional Activity on Premiums Written and Earned and on Net Claims and Claim Expenses Incurred | The following table sets forth the effect of reinsurance and retrocessional activity on premiums written and earned and on net claims and claim expenses incurred:
|  | Three months ended |  | Nine months ended |
|  | September 30, 2022 |  | September 30, 2021 |  | September 30, 2022 |  | September 30, 2021 |
| Premiums Written |  |  |  |  |  |  |  |
| Direct | $ | 295,213 |  |  | $ | 255,148 |  |  | $ | 935,079 |  |  | $ | 739,999 |  |
| Assumed | 1,925,448 |  |  | 1,519,032 |  |  | 6,693,185 |  |  | 5,780,781 |  |
| Ceded | (398,950) |  |  | (287,740) |  |  | (1,777,720) |  |  | (1,697,965) |  |
| Net premiums written | $ | 1,821,711 |  |  | $ | 1,486,440 |  |  | $ | 5,850,544 |  |  | $ | 4,822,815 |  |
| Premiums Earned |  |  |  |  |  |  |  |
| Direct | $ | 280,389 |  |  | $ | 216,658 |  |  | $ | 801,759 |  |  | $ | 567,161 |  |
| Assumed | 2,006,596 |  |  | 1,798,229 |  |  | 5,307,078 |  |  | 4,669,877 |  |
| Ceded | (519,964) |  |  | (508,622) |  |  | (1,399,008) |  |  | (1,384,147) |  |
| Net premiums earned | $ | 1,767,021 |  |  | $ | 1,506,265 |  |  | $ | 4,709,829 |  |  | $ | 3,852,891 |  |
| Claims and Claim Expenses |  |  |  |  |  |  |  |
| Gross claims and claim expenses incurred | $ | 3,096,540 |  |  | $ | 3,063,826 |  |  | $ | 4,913,313 |  |  | $ | 4,980,178 |  |
| Claims and claim expenses recovered | (1,128,609) |  |  | (1,265,781) |  |  | (1,397,410) |  |  | (1,795,061) |  |
| Net claims and claim expenses incurred | $ | 1,967,931 |  |  | $ | 1,798,045 |  |  | $ | 3,515,903 |  |  | $ | 3,185,117 |  |
Schedule of Activity in the Allowance Recorded Against Premium Receivables | The following table provides a roll forward of the provision for current expected credit losses of the Company’s premiums receivable:
|  | Three months ended |  | Nine months ended
|  | September 30, 2022 |  | September 30, 2021 |  | September 30, 2022 |  | September 30, 2021
| Beginning balance | $ | 4,350 |  |  | $ | 2,776 |  |  | $ | 2,776 |  |  | $ | 2,776 |
| Provision for allowance | 419 |  |  | 1,574 |  |  | 1,993 |  |  | 1,574 |
| Ending balance | $ | 4,769 |  |  | $ | 4,350 |  |  | $ | 4,769 |  |  | $ | 4,350 |
Schedule of Activity in the Allowance Recorded Against Reinsurance Recoverable | The following table provides a roll forward of the provision for current expected credit losses of the Company’s reinsurance recoverable:
|  | Three months ended |  | Nine months ended |
|  | September 30, 2022 |  | September 30, 2021 |  | September 30, 2022 |  | September 30, 2021 |
| Beginning balance | $ | 9,005 |  |  | $ | 8,344 |  |  | $ | 8,344 |  |  | $ | 8,344 |  |
| Provision for allowance | 3,082 |  |  | 661 |  |  | 3,743 |  |  | 661 |  |
| Ending balance | $ | 12,087 |  |  | $ | 9,005 |  |  | $ | 12,087 |  |  | $ | 9,005 |  |

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