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SEGMENT INFORMATION (Details)
$ in Thousands
 3 Months Ended
Mar. 31, 2019
USD ($)
reportable_segment
Mar. 31, 2018
USD ($)
Segment Information [Line Items]    
Number of reportable segments | reportable_segment 2  
Net premiums earned $ 1,134,212 $ 1,167,402
Other insurance related income (losses) 6,929 6,606
Net losses and loss expenses (664,028) (661,345)
Acquisition costs (260,418) (229,260)
Expenses (175,091) (169,837)
Net investment income 107,303 100,999
Net investment gains (losses) 12,767 (14,830)
Operating lease expense 7,034 7,000
Foreign exchange losses (7,056) (37,860)
Interest expense and financing costs (15,895) (16,763)
Transaction and reorganization expenses (14,820) (13,054)
Amortization of value of business acquired (13,104) (57,110)
Amortization of intangible assets (3,003) (2,782)
Income before income taxes and interest in income of equity method investments $ 107,796 $ 72,166
Net loss and loss expense ratio 58.50% 56.70%
Acquisition cost ratio 23.00% 19.60%
General and administrative expense ratio 15.40% 14.50%
Combined ratio 96.90% 90.80%
Total intangible assets $ 363,376 $ 506,747
Operating Segments    
Segment Information [Line Items]    
Gross premiums written 2,583,226 2,662,795
Net premiums written 1,777,059 1,985,871
Net premiums earned 1,134,212 1,167,402
Other insurance related income (losses) 6,929 6,606
Net losses and loss expenses (664,028) (661,345)
Acquisition costs (260,418) (229,260)
Expenses (138,873) (139,666)
Underwriting income 77,822 143,737
Operating Segments | Insurance    
Segment Information [Line Items]    
Gross premiums written 851,096 880,848
Net premiums written 529,239 547,893
Net premiums earned 556,762 580,059
Other insurance related income (losses) 1,742 620
Net losses and loss expenses (313,776) (321,538)
Acquisition costs (117,775) (87,329)
Expenses (106,034) (102,370)
Underwriting income $ 20,919 $ 69,442
Net loss and loss expense ratio 56.40% 55.40%
Acquisition cost ratio 21.20% 15.10%
General and administrative expense ratio 19.00% 17.60%
Combined ratio 96.60% 88.10%
Total intangible assets $ 363,376 $ 506,747
Operating Segments | Reinsurance    
Segment Information [Line Items]    
Gross premiums written 1,732,130 1,781,947
Net premiums written 1,247,820 1,437,978
Net premiums earned 577,450 587,343
Other insurance related income (losses) 5,187 5,986
Net losses and loss expenses (350,252) (339,807)
Acquisition costs (142,643) (141,931)
Expenses (32,839) (37,296)
Underwriting income $ 56,903 $ 74,295
Net loss and loss expense ratio 60.70% 57.90%
Acquisition cost ratio 24.70% 24.20%
General and administrative expense ratio 5.60% 6.30%
Combined ratio 91.00% 88.40%
Total intangible assets $ 0 $ 0
Corporate, Non-Segment    
Segment Information [Line Items]    
Expenses (36,218) (30,171)
Significant Reconciling Items    
Segment Information [Line Items]    
Net investment income 107,303 100,999
Net investment gains (losses) 12,767 (14,830)
Foreign exchange losses (7,056) (37,860)
Interest expense and financing costs (15,895) (16,763)
Transaction and reorganization expenses (14,820) (13,054)
Amortization of value of business acquired (13,104) (57,110)
Amortization of intangible assets $ (3,003) $ (2,782)