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REINSURANCE (Tables)
 6 Months Ended
Jun. 30, 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 endedSix months ended
June 30,
2024		June 30,
2023		June 30,
2024		June 30,
2023
Premiums Written
Direct$298,787 $278,695 $619,444 $451,391 
Assumed3,126,708 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 
Assumed2,717,610 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 
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 endedSix months ended
June 30, 2024June 30, 2023June 30, 2024June 30, 2023
Beginning balance$4,964 $3,371 $3,514 $4,606 
Provision for (release of) allowance(418)(220)1,032 (1,455)
Ending balance$4,546 $3,151 $4,546 $3,151 
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 endedSix months ended
June 30, 2024June 30, 2023June 30, 2024June 30, 2023
Beginning balance$11,989 $11,504 $13,280 $12,169 
Provision for (release of) allowance1,593 (48)302 (713)
Ending balance$13,582 $11,456 $13,582 $11,456