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SEGMENT INFORMATION (Tables) | 12 Months Ended
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Dec. 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 amounts of allocated goodwill and intangible assets:
| At and year ended December 31, 2018 | Insurance |  | Reinsurance |  | Total |
| Gross premiums written | $ | 3,797,592 |  |  | $ | 3,112,473 |  |  | $ | 6,910,065 |  |
| Net premiums written | 2,324,747 |  |  | 2,334,215 |  |  | 4,658,962 |  |
| Net premiums earned | 2,362,606 |  |  | 2,428,889 |  |  | 4,791,495 |  |
| Other insurance related income | 3,460 |  |  | 7,162 |  |  | 10,622 |  |
| Net losses and loss expenses | (1,494,323 | ) |  | (1,695,964 | ) |  | (3,190,287 | ) |
| Acquisition costs | (399,193 | ) |  | (569,642 | ) |  | (968,835 | ) |
| General and administrative expenses | (395,252 | ) |  | (123,916 | ) |  | (519,168 | ) |
| Underwriting income | $ | 77,298 |  |  | $ | 46,529 |  |  | 123,827 |  |
| Corporate expenses |  |  |  |  | (108,221 | ) |
| Net investment income |  |  |  |  | 438,507 |  |
| Net investment losses |  |  |  |  | (150,218 | ) |
| Foreign exchange gains |  |  |  |  | 29,165 |  |
| Interest expense and financing costs |  |  |  |  | (67,432 | ) |
| Transaction and reorganization expenses |  |  |  |  | (66,940 | ) |
| Amortization of value of business acquired |  |  |  |  | (172,332 | ) |
| Amortization of intangible assets |  |  |  |  | (13,814 | ) |
| Income before income taxes and interest in income (loss) of equity method investments |  |  |  |  | $ | 12,542 |  |
| Net loss and loss expense ratio | 63.2 | % |  | 69.8 | % |  | 66.6 | % |
| Acquisition cost ratio | 16.9 | % |  | 23.5 | % |  | 20.2 | % |
| General and administrative expense ratio | 16.8 | % |  | 5.1 | % |  | 13.1 | % |
| Combined ratio | 96.9 | % |  | 98.4 | % |  | 99.9 | % |
| Total intangible assets | $ | 379,285 |  |  | $ | — |  |  | $ | 379,285 |  |
| At and year ended December 31, 2017 | Insurance |  | Reinsurance |  | Total |
| Gross premiums written | $ | 2,814,918 |  |  | $ | 2,741,355 |  |  | $ | 5,556,273 |  |
| Net premiums written | 1,775,825 |  |  | 2,251,318 |  |  | 4,027,143 |  |
| Net premiums earned | 1,816,438 |  |  | 2,332,322 |  |  | 4,148,760 |  |
| Other insurance related income (loss) | 2,944 |  |  | (4,184 | ) |  | (1,240 | ) |
| Net losses and loss expenses | (1,465,427 | ) |  | (1,822,345 | ) |  | (3,287,772 | ) |
| Acquisition costs | (270,229 | ) |  | (553,362 | ) |  | (823,591 | ) |
| General and administrative expenses | (325,368 | ) |  | (124,115 | ) |  | (449,483 | ) |
| Underwriting loss | $ | (241,642 | ) |  | $ | (171,684 | ) |  | (413,326 | ) |
| Corporate expenses |  |  |  |  | (129,945 | ) |
| Net investment income |  |  |  |  | 400,805 |  |
| Net investment gains |  |  |  |  | 28,226 |  |
| Foreign exchange losses |  |  |  |  | (134,737 | ) |
| Interest expense and financing costs |  |  |  |  | (54,811 | ) |
| Bargain purchase gain |  |  |  |  | 15,044 |  |
| Transaction and reorganization expenses |  |  |  |  | (26,718 | ) |
| Amortization of value of business acquired |  |  |  |  | (50,104 | ) |
| Amortization of intangible assets |  |  |  |  | (2,543 | ) |
| Loss before income taxes and interest in income (loss) of equity method investments |  |  |  |  | $ | (368,109 | ) |
| Net loss and loss expense ratio | 80.7 | % |  | 78.1 | % |  | 79.2 | % |
| Acquisition cost ratio | 14.9 | % |  | 23.7 | % |  | 19.9 | % |
| General and administrative expense ratio | 17.9 | % |  | 5.3 | % |  | 14.0 | % |
| Combined ratio | 113.5 | % |  | 107.1 | % |  | 113.1 | % |
| Total intangible assets | $ | 566,828 |  |  | $ | — |  |  | $ | 566,828 |  |
| At and year ended December 31, 2016 | Insurance |  | Reinsurance |  | Total |
| Gross premiums written | $ | 2,432,475 |  |  | $ | 2,537,733 |  |  | $ | 4,970,208 |  |
| Net premiums written | 1,519,559 |  |  | 2,233,415 |  |  | 3,752,974 |  |
| Net premiums earned | 1,534,282 |  |  | 2,171,343 |  |  | 3,705,625 |  |
| Other insurance related income | 89 |  |  | 7,133 |  |  | 7,222 |  |
| Net losses and loss expenses | (977,771 | ) |  | (1,226,426 | ) |  | (2,204,197 | ) |
| Acquisition costs | (206,619 | ) |  | (540,257 | ) |  | (746,876 | ) |
| General and administrative expenses | (327,351 | ) |  | (155,350 | ) |  | (482,701 | ) |
| Underwriting income | $ | 22,630 |  |  | $ | 256,443 |  |  | 279,073 |  |
| Corporate expenses |  |  |  |  | (120,016 | ) |
| Net investment income |  |  |  |  | 353,335 |  |
| Net investment losses |  |  |  |  | (60,525 | ) |
| Foreign exchange gains |  |  |  |  | 121,295 |  |
| Interest expense and financing costs |  |  |  |  | (51,360 | ) |
| Income before income taxes and interest in income (loss) of equity method investments |  |  |  |  | $ | 521,802 |  |
| Net loss and loss expense ratio | 63.7 | % |  | 56.5 | % |  | 59.5 | % |
| Acquisition cost ratio | 13.5 | % |  | 24.9 | % |  | 20.2 | % |
| General and administrative expense ratio | 21.3 | % |  | 7.1 | % |  | 16.2 | % |
| Combined ratio | 98.5 | % |  | 88.5 | % |  | 95.9 | % |
| Total intangible assets | $ | 85,049 |  |  | $ | — |  |  | $ | 85,049 |  |
GROSS PREMIUMS WRITTEN BY GEOGRAPHICAL LOCATION OF SUBSIDIARIES | The following table presents gross premiums written by the geographical location of the Company's subsidiaries:
| Year ended December 31, | 2018 |  | 2017 |  | 2016 |
| Bermuda | $ | 606,452 |  |  | $ | 529,425 |  |  | $ | 465,980 |  |
| Ireland | 1,805,882 |  |  | 1,569,956 |  |  | 1,650,229 |  |
| U.S. | 2,811,537 |  |  | 2,814,933 |  |  | 2,562,789 |  |
| Lloyd's of London | 1,686,194 |  |  | 641,959 |  |  | 291,210 |  |
| Total gross premium written | $ | 6,910,065 |  |  | $ | 5,556,273 |  |  | $ | 4,970,208 |  |
NET PREMIUMS EARNED BY SEGMENT AND LINE OF BUSINESS | The following table presents net premiums earned by segment and line of business:
| Year ended December 31, | 2018 |  | 2017 |  | 2016 |
| Insurance |  |  |  |  |  |
| Property | $ | 796,945 |  |  | $ | 543,342 |  |  | $ | 426,918 |  |
| Marine | 300,944 |  |  | 181,533 |  |  | 150,046 |  |
| Terrorism | 49,150 |  |  | 36,084 |  |  | 33,279 |  |
| Aviation | 74,203 |  |  | 75,107 |  |  | 44,980 |  |
| Credit and political risk | 102,825 |  |  | 56,432 |  |  | 57,964 |  |
| Professional lines | 570,241 |  |  | 519,759 |  |  | 510,806 |  |
| Liability | 229,373 |  |  | 188,770 |  |  | 169,182 |  |
| Accident and health | 207,777 |  |  | 199,121 |  |  | 141,107 |  |
| Discontinued lines - Novae | 31,148 |  |  | 16,290 |  |  | — |  |
| Total Insurance | 2,362,606 |  |  | 1,816,438 |  |  | 1,534,282 |  |
| Reinsurance |  |  |  |  |  |
| Catastrophe | 250,016 |  |  | 209,470 |  |  | 199,825 |  |
| Property | 317,038 |  |  | 304,376 |  |  | 272,403 |  |
| Professional lines | 220,687 |  |  | 226,622 |  |  | 289,868 |  |
| Credit and surety | 250,276 |  |  | 244,186 |  |  | 252,210 |  |
| Motor | 438,693 |  |  | 371,501 |  |  | 318,863 |  |
| Liability | 363,292 |  |  | 351,940 |  |  | 332,479 |  |
| Agriculture | 176,435 |  |  | 195,391 |  |  | 142,501 |  |
| Engineering | 67,932 |  |  | 66,291 |  |  | 62,833 |  |
| Marine and other | 35,570 |  |  | 64,449 |  |  | 57,322 |  |
| Accident and health | 299,813 |  |  | 289,925 |  |  | 243,039 |  |
| Discontinued lines - Novae | 9,137 |  |  | 8,171 |  |  | — |  |
| Total Reinsurance | 2,428,889 |  |  | 2,332,322 |  |  | 2,171,343 |  |
| Total | $ | 4,791,495 |  |  | $ | 4,148,760 |  |  | $ | 3,705,625 |  |

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