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REINSURANCE (Tables) | 9 Months Ended
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Sep. 30, 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 |  | Nine months ended |
|  | September 30, 2025 |  | September 30, 2024 |  | September 30, 2025 |  | September 30, 2024 |
| Premiums Written |  |  |  |  |  |  |  |
| Direct | $ | 216,934 |  |  | $ | 288,892 |  |  | $ | 691,354 |  |  | $ | 908,336 |  |
| Assumed | 2,106,692 |  |  | 2,111,244 |  |  | 9,208,955 |  |  | 8,907,979 |  |
| Ceded | (265,824) |  |  | (237,632) |  |  | (1,628,708) |  |  | (1,615,727) |  |
| Net premiums written | $ | 2,057,802 |  |  | $ | 2,162,504 |  |  | $ | 8,271,601 |  |  | $ | 8,200,588 |  |
| Premiums Earned |  |  |  |  |  |  |  |
| Direct | $ | 223,861 |  |  | $ | 273,619 |  |  | $ | 722,754 |  |  | $ | 812,942 |  |
| Assumed | 2,674,658 |  |  | 2,783,423 |  |  | 8,144,270 |  |  | 8,098,231 |  |
| Ceded | (464,714) |  |  | (474,073) |  |  | (1,300,284) |  |  | (1,342,979) |  |
| Net premiums earned | $ | 2,433,805 |  |  | $ | 2,582,969 |  |  | $ | 7,566,740 |  |  | $ | 7,568,194 |  |
| Claims and Claim Expenses |  |  |  |  |  |  |  |
| Gross claims and claim expenses incurred | $ | 942,559 |  |  | $ | 1,450,118 |  |  | $ | 5,114,509 |  |  | $ | 4,069,252 |  |
| Claims and claim expenses recovered | (63,739) |  |  | (76,504) |  |  | (449,808) |  |  | (220,013) |  |
| Net claims and claim expenses incurred | $ | 878,820 |  |  | $ | 1,373,614 |  |  | $ | 4,664,701 |  |  | $ | 3,849,239 |  |
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 |  | Nine months ended |
|  | September 30, 2025 |  | September 30, 2024 |  | September 30, 2025 |  | September 30, 2024 |
| Beginning balance | $ | 3,272 |  |  | $ | 4,546 |  |  | $ | 4,631 |  |  | $ | 3,514 |  |
| Provision for (release of) allowance | 63 |  |  | (244) |  |  | (1,296) |  |  | 788 |  |
| Ending balance | $ | 3,335 |  |  | $ | 4,302 |  |  | $ | 3,335 |  |  | $ | 4,302 |  |
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 |  | Nine months ended |
|  | September 30, 2025 |  | September 30, 2024 |  | September 30, 2025 |  | September 30, 2024 |
| Beginning balance | $ | 10,808 |  |  | $ | 13,582 |  |  | $ | 11,730 |  |  | $ | 13,280 |  |
| Provision for (release of) allowance | 2,180 |  |  | (406) |  |  | 1,258 |  |  | (104) |  |
| Ending balance | $ | 12,988 |  |  | $ | 13,176 |  |  | $ | 12,988 |  |  | $ | 13,176 |  |

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