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RESERVE FOR CLAIMS AND CLAIM EXPENSES - Historical Claims Duration (Details) | Dec. 31, 2024
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Property |
Short-duration Insurance Contracts, Historical Claims Duration [Line Items] |
Average annual percentage payout, year one | 20.70%
Average annual percentage payout, year two | 28.80%
Average annual percentage payout, year three | 16.40%
Average annual percentage payout, year four | 6.90%
Average annual percentage payout, year five | 5.50%
Average annual percentage payout, year six | 0.90%
Average annual percentage payout, year seven | 0.90%
Average annual percentage payout, year eight | 0.40%
Average annual percentage payout, year nine | 0.70%
Average annual percentage payout, year ten | 0.20%
Casualty and Specialty |
Short-duration Insurance Contracts, Historical Claims Duration [Line Items] |
Average annual percentage payout, year one | 12.30%
Average annual percentage payout, year two | 16.30%
Average annual percentage payout, year three | 12.40%
Average annual percentage payout, year four | 12.90%
Average annual percentage payout, year five | 10.60%
Average annual percentage payout, year six | 8.40%
Average annual percentage payout, year seven | 6.30%
Average annual percentage payout, year eight | 4.50%
Average annual percentage payout, year nine | 2.50%
Average annual percentage payout, year ten | 1.10%

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- Definition Percentage of average annual payout, after reinsurance, in the eighth year after a claim is incurred, beginning with the earliest accident year disclosed for short-duration insurance contracts. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Topic 944 -SubTopic 40 -Name Accounting Standards Codification -Section 55 -Paragraph 9F -Publisher FASB -URI https://asc.fasb.org/1943274/2147480046/944-40-55-9F Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 944 -SubTopic 40 -Name Accounting Standards Codification -Section 50 -Paragraph 4G -Publisher FASB -URI https://asc.fasb.org/1943274/2147480081/944-40-50-4G + Details
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- Definition Percentage of average annual payout, after reinsurance, in the fifth year after a claim is incurred, beginning with the earliest accident year disclosed for short-duration insurance contracts. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Topic 944 -SubTopic 40 -Name Accounting Standards Codification -Section 55 -Paragraph 9F -Publisher FASB -URI https://asc.fasb.org/1943274/2147480046/944-40-55-9F Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 944 -SubTopic 40 -Name Accounting Standards Codification -Section 50 -Paragraph 4G -Publisher FASB -URI https://asc.fasb.org/1943274/2147480081/944-40-50-4G + Details
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- Definition Percentage of average annual payout, after reinsurance, in the first year after a claim is incurred, beginning with the earliest accident year disclosed for short-duration insurance contracts. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Topic 944 -SubTopic 40 -Name Accounting Standards Codification -Section 55 -Paragraph 9F -Publisher FASB -URI https://asc.fasb.org/1943274/2147480046/944-40-55-9F Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 944 -SubTopic 40 -Name Accounting Standards Codification -Section 50 -Paragraph 4G -Publisher FASB -URI https://asc.fasb.org/1943274/2147480081/944-40-50-4G + Details
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