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INCOME TAXES - Summary of Effective Tax Rate Reconciliation (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Income (loss) before income taxes        
Bermuda (domestic) $ 213,539 $ 236,781 $ 431,310  
Foreign 189,067 8,340 249,686  
 Total income before income taxes $ 402,606 $ 245,121 $ 680,996  
Reconciliation of effective tax rate (% of income before income taxes)        
Expected tax rate 0.00% 0.00% 0.00%  
Valuation allowance (2.00%) 9.50% (0.50%)  
Prior year adjustments 1.30% (0.30%) 0.20%  
Incremental branch taxes 0.90% (0.40%) 1.50%  
Other 0.20% 0.30% (0.30%)  
Actual tax rate 6.50% 9.00% 9.20%  
U.S.        
Reconciliation of effective tax rate (% of income before income taxes)        
Foreign taxes at local expected rates (2.50%) 0.20% 4.80%  
Europe        
Reconciliation of effective tax rate (% of income before income taxes)        
Foreign taxes at local expected rates 11.90% 1.90% 2.00%  
Change in enacted tax rate (3.30%) (2.20%) 1.50%  
United Kingdom        
Reconciliation of effective tax rate (% of income before income taxes)        
Expected tax rate     25.00% 19.00%
Belgium        
Reconciliation of effective tax rate (% of income before income taxes)        
Expected tax rate     25.00% 30.00%