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REINSURANCE (Tables)
 9 Months Ended
Sep. 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 endedNine months ended
September 30,
2024		September 30,
2023		September 30,
2024		September 30,
2023
Premiums Written
Direct$288,892 $222,400 $908,336 $673,791 
Assumed2,111,244 1,396,043 8,907,979 6,386,534 
Ceded(237,632)(197,183)(1,615,727)(1,179,559)
Net premiums written$2,162,504 $1,421,260 $8,200,588 $5,880,766 
Premiums Earned
Direct$273,619 $248,932 $812,942 $784,388 
Assumed2,783,423 1,862,387 8,098,231 5,609,355 
Ceded(474,073)(355,443)(1,342,979)(1,172,055)
Net premiums earned$2,582,969 $1,755,876 $7,568,194 $5,221,688 
Claims and Claim Expenses
Gross claims and claim expenses incurred$1,450,118 $793,869 $4,069,252 $2,843,229 
Claims and claim expenses recovered(76,504)67,707 (220,013)(249,242)
Net claims and claim expenses incurred$1,373,614 $861,576 $3,849,239 $2,593,987 
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 endedNine months ended
September 30, 2024September 30, 2023September 30, 2024September 30, 2023
Beginning balance$4,546 $3,151 $3,514 $4,606 
Provision for (release of) allowance(244)81 788 (1,374)
Ending balance$4,302 $3,232 $4,302 $3,232 
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 endedNine months ended
September 30, 2024September 30, 2023September 30, 2024September 30, 2023
Beginning balance$13,582 $11,456 $13,280 $12,169 
Provision for (release of) allowance(406)(1,160)(104)(1,873)
Ending balance$13,176 $10,296 $13,176 $10,296