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INVESTMENTS - Schedule of Net Realized and Unrealized Gains (Losses) on Investments (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Gain (Loss) on Securities [Line Items]    
Net realized and unrealized gains (losses) on investments $ 332,940 $ (213,654)
Fixed maturity investments trading    
Gain (Loss) on Securities [Line Items]    
Gross realized gains on fixed maturity investments trading 38,961 69,389
Gross realized losses on fixed maturity investments trading (28,926) (59,593)
Net realized gains (losses) on fixed maturity investments trading 10,035 9,796
Net unrealized gains (losses) on fixed maturity investments trading 226,240 (211,996)
Net realized and unrealized gains (losses) on fixed maturity investments trading 236,275 (202,200)
Derivatives    
Gain (Loss) on Securities [Line Items]    
Net realized and unrealized gains (losses) on investment-related derivatives 141,646 (57,806)
Equity investments    
Gain (Loss) on Securities [Line Items]    
Net realized gains (losses) on equity investments 8 0
Net unrealized gains (losses) on equity investments 2,950 13,097
Net realized and unrealized gains (losses) on equity investments 2,958 13,097
Catastrophe bonds    
Gain (Loss) on Securities [Line Items]    
Net realized and unrealized gains (losses) on other investments (40,413) 18,907
Other    
Gain (Loss) on Securities [Line Items]    
Net realized and unrealized gains (losses) on other investments $ (7,526) $ 14,348