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REINSURANCE (Tables)
 3 Months Ended
Mar. 31, 2024
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
March 31,
2024		March 31,
2023
Premiums Written
Direct$320,657 $172,696 
Assumed3,670,027 2,617,565 
Ceded(791,111)(526,558)
Net premiums written$3,199,573 $2,263,703 
Premiums Earned
Direct$279,742 $254,019 
Assumed2,597,198 1,843,669 
Ceded(433,030)(417,138)
Net premiums earned$2,443,910 $1,680,550 
Claims and Claim Expenses
Gross claims and claim expenses incurred$1,159,623 $959,704 
Claims and claim expenses recovered6,500 (158,504)
Net claims and claim expenses incurred$1,166,123 $801,200 
Schedule of Provision for Current Expected Credit Losses of Premiums Receivable The following table provides a roll forward of the provision for current expected credit losses of the Company’s premiums receivable:
Three months ended
March 31, 2024March 31, 2023
Beginning balance$3,514 $4,606 
Provision for (release of) allowance1,450 (1,235)
Ending balance$4,964 $3,371 
Schedule of Provision for Current Expected Credit Losses of 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
March 31, 2024March 31, 2023
Beginning balance$13,280 $12,169 
Provision for (release of) allowance(1,291)(665)
Ending balance$11,989 $11,504