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REINSURANCE (Tables)
 3 Months Ended
Mar. 31, 2025
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,
2025		March 31,
2024
Premiums Written
Direct$243,656 $320,657 
Assumed3,911,847 3,670,027 
Ceded(711,974)(791,111)
Net premiums written$3,443,529 $3,199,573 
Premiums Earned
Direct$251,894 $279,742 
Assumed2,855,327 2,597,198 
Ceded(386,440)(433,030)
Net premiums earned$2,720,781 $2,443,910 
Claims and Claim Expenses
Gross claims and claim expenses incurred$3,104,842 $1,159,623 
Claims and claim expenses recovered(361,084)6,500 
Net claims and claim expenses incurred$2,743,758 $1,166,123 
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, 2025March 31, 2024
Beginning balance$4,631 $3,514 
Provision for (release of) allowance(676)1,450 
Ending balance$3,955 $4,964 
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, 2025March 31, 2024
Beginning balance$11,730 $13,280 
Provision for (release of) allowance(907)(1,291)
Ending balance$10,823 $11,989