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SEGMENT INFORMATION (Tables) | 3 Months Ended
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Mar. 31, 2018
Segment Reporting [Abstract] |
UNDERWRITING RESULTS OF REPORTABLE SEGMENTS | The following tables present the underwriting results of the Company's reportable segments, as well as the carrying values of allocated goodwill and intangible assets:
|  | 2018 |  | 2017 |
| Three months ended and at March 31, | Insurance |  | Reinsurance |  | Total |  | Insurance |  | Reinsurance |  | Total |
| Gross premiums written | $ | 880,848 |  |  | $ | 1,781,947 |  |  | $ | 2,662,795 |  |  | $ | 545,261 |  |  | $ | 1,366,610 |  |  | $ | 1,911,871 |  |
| Net premiums written | 547,893 |  |  | 1,437,978 |  |  | 1,985,871 |  |  | 356,836 |  |  | 1,152,122 |  |  | 1,508,959 |  |
| Net premiums earned | 580,059 |  |  | 587,343 |  |  | 1,167,402 |  |  | 391,964 |  |  | 546,739 |  |  | 938,703 |  |
| Other insurance related income (losses) | 620 |  |  | 5,986 |  |  | 6,606 |  |  | 42 |  |  | (3,825 | ) |  | (3,783 | ) |
| Net losses and loss expenses | (321,538 | ) |  | (339,807 | ) |  | (661,345 | ) |  | (241,085 | ) |  | (365,857 | ) |  | (606,942 | ) |
| Acquisition costs | (87,329 | ) |  | (141,931 | ) |  | (229,260 | ) |  | (54,004 | ) |  | (135,788 | ) |  | (189,792 | ) |
| General and administrative expenses | (102,370 | ) |  | (37,296 | ) |  | (139,666 | ) |  | (85,256 | ) |  | (36,545 | ) |  | (121,801 | ) |
| Underwriting income | $ | 69,442 |  |  | $ | 74,295 |  |  | 143,737 |  |  | $ | 11,661 |  |  | $ | 4,724 |  |  | 16,385 |  |
| Corporate expenses |  |  |  |  | (30,171 | ) |  |  |  |  |  | (39,459 | ) |
| Net investment income |  |  |  |  | 100,999 |  |  |  |  |  |  | 98,664 |  |
| Net investment losses |  |  |  |  | (14,830 | ) |  |  |  |  |  | (25,050 | ) |
| Foreign exchange losses |  |  |  |  | (37,860 | ) |  |  |  |  |  | (21,465 | ) |
| Interest expense and financing costs |  |  |  |  | (16,763 | ) |  |  |  |  |  | (12,791 | ) |
| Reorganization expenses |  |  |  |  | (13,054 | ) |  |  |  |  |  | — |  |
| Amortization of value of business acquired |  |  |  |  | (57,110 | ) |  |  |  |  |  | — |  |
| Amortization of intangibles |  |  |  |  | (2,782 | ) |  |  |  |  |  | — |  |
| Income before income taxes and interest in income (loss) of equity method investments |  |  |  |  | $ | 72,166 |  |  |  |  |  |  | $ | 16,284 |  |
| Net loss and loss expense ratio | 55.4 | % |  | 57.9 | % |  | 56.7 | % |  | 61.5 | % |  | 66.9 | % |  | 64.7 | % |
| Acquisition cost ratio | 15.1 | % |  | 24.2 | % |  | 19.6 | % |  | 13.8 | % |  | 24.8 | % |  | 20.2 | % |
| General and administrative expense ratio | 17.6 | % |  | 6.3 | % |  | 14.5 | % |  | 21.8 | % |  | 6.7 | % |  | 17.2 | % |
| Combined ratio | 88.1 | % |  | 88.4 | % |  | 90.8 | % |  | 97.0 | % |  | 98.4 | % |  | 102.1 | % |
| Goodwill and intangible assets | $ | 506,747 |  |  | $ | — |  |  | $ | 506,747 |  |  | $ | 84,613 |  |  | $ | — |  |  | $ | 84,613 |  |

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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8906-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8813-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8721-108599 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=35741047&loc=d3e13816-109267 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8736-108599 + Details
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