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REINSURANCE - Schedule of Effect of Reinsurance and Retrocessional Activity on Premiums Written and Earned and on Net Claims and Claim Expenses Incurred (Details) - USD ($) $ in Thousands | 3 Months Ended | 6 Months Ended
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Jun. 30, 2024 | Jun. 30, 2023 | Jun. 30, 2024 | Jun. 30, 2023
Premiums Written |  |  |  |
Direct | $ 298,787 | $ 278,695 | $ 619,444 | $ 451,391
Assumed | 3,126,708 | 2,372,926 | 6,796,735 | 4,990,491
Ceded | (586,984) | (455,818) | (1,378,095) | (982,376)
Net premiums written | 2,838,511 | 2,195,803 | 6,038,084 | 4,459,506
Premiums Earned |  |  |  |
Direct | 259,581 | 281,437 | 539,323 | 535,456
Assumed | 2,717,610 | 1,903,299 | 5,314,808 | 3,746,968
Ceded | (435,876) | (399,474) | (868,906) | (816,612)
Net premiums earned | 2,541,315 | 1,785,262 | 4,985,225 | 3,465,812
Claims and Claim Expenses |  |  |  |
Gross claims and claim expenses incurred | 1,459,511 | 1,089,656 | 2,619,134 | 2,049,360
Claims and claim expenses recovered | (150,009) | (158,445) | (143,509) | (316,949)
Net claims and claim expenses incurred | $ 1,309,502 | $ 931,211 | $ 2,475,625 | $ 1,732,411

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