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SEGMENT INFORMATION (Tables)

3 Months Ended

Mar. 31, 2020

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:

						2020																														2019
			Three months ended and at March 31,			Insurance						Reinsurance						Total						Insurance						Reinsurance						Total
			Gross premiums written			$	940,715					$	1,490,443					$	2,431,158					$	851,096					$	1,732,130					$	2,583,226
			Net premiums written			581,650						1,097,394						1,679,044						529,239						1,247,820						1,777,059
			Net premiums earned			562,064						526,561						1,088,625						556,762						577,450						1,134,212
			Other insurance related income (loss)			647						(9,354)						(8,707)						1,742						5,187						6,929
			Net losses and loss expenses			(471,812)						(436,261)						(908,073)						(313,776)						(350,252)						(664,028)
			Acquisition costs			(112,751)						(125,899)						(238,650)						(117,775)						(142,643)						(260,418)
			General and administrative expenses			(100,778)						(29,184)						(129,962)						(106,034)						(32,839)						(138,873)
			Underwriting income (loss)			$	(122,630)					$	(74,137)					(196,767)						$	20,919					$	56,903					77,822
			Net investment income															93,101																		107,303
			Net investment gains (losses)															(62,877)																		12,767
			Corporate expenses															(27,098)																		(36,218)
			Foreign exchange (losses) gains															61,683																		(7,056)
			Interest expense and financing costs															(23,472)																		(15,895)
			Reorganization expenses															982																		(14,820)
			Amortization of value of business acquired															(1,799)																		(13,104)
			Amortization of intangible assets															(2,870)																		(3,003)
			Income (loss) before income taxes and interest in income (loss) of equity method investments															$	(159,117)																	$	107,796
			Net losses and loss expenses ratio			83.9		%				82.9		%				83.4		%				56.4		%				60.7		%				58.5		%
			Acquisition cost ratio			20.1		%				23.9		%				21.9		%				21.2		%				24.7		%				23.0		%
			General and administrative expense ratio			17.9		%				5.5		%				14.5		%				19.0		%				5.6		%				15.4		%
			Combined ratio			121.9		%				112.3		%				119.8		%				96.6		%				91.0		%				96.9		%
			Goodwill and intangible assets			$	329,824					$	—					$	329,824					$	340,766					$	—					$	340,766

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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.

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