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INVESTMENTS - Schedule of Net Realized and Unrealized Gains (Losses) on Investments (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Gain (Loss) on Securities [Line Items]        
Net realized and unrealized gains (losses) on investments $ 311,890 $ 943,745 $ 994,550 $ 602,507
Fixed maturity investments trading        
Gain (Loss) on Securities [Line Items]        
Gross realized gains on fixed maturity investments trading 31,036 41,538 83,919 128,544
Gross realized losses on fixed maturity investments trading (11,743) (19,486) (56,358) (162,509)
Net realized gains (losses) on fixed maturity investments trading 19,293 22,052 27,561 (33,965)
Net unrealized gains (losses) on fixed maturity investments trading 66,796 590,309 389,382 353,465
Net realized and unrealized gains (losses) on fixed maturity investments trading 86,089 612,361 416,943 319,500
Derivatives        
Gain (Loss) on Securities [Line Items]        
Net realized and unrealized gains (losses) on investment-related derivatives 181,012 97,534 498,089 50,102
Equity investments        
Gain (Loss) on Securities [Line Items]        
Net realized gains (losses) on equity investments 541 340 613 355
Net unrealized gains (losses) on equity investments 6,609 18,778 33,366 26,368
Net realized and unrealized gains (losses) on equity investments 7,150 19,118 33,979 26,723
Catastrophe bonds        
Gain (Loss) on Securities [Line Items]        
Net realized and unrealized gains (losses) on other investments 44,592 66,291 (9,837) 51,091
Other        
Gain (Loss) on Securities [Line Items]        
Net realized and unrealized gains (losses) on other investments $ (6,953) $ 148,441 $ 55,376 $ 155,091