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REINSURANCE (Tables)

12 Months Ended

Dec. 31, 2023

Reinsurance Disclosures [Abstract]

Summary of Breakdown of Gross and Net Premiums Written and Earned

The following table presents gross and net premiums written and earned:

			Year ended December 31,			2023												2022												2021
						Premiums written						Premiums earned						Premiums written						Premiums earned						Premiums written						Premiums earned
			Gross			$	8,356,525					$	7,973,577					$	8,214,595					$	7,936,382					$	7,685,984					$	7,281,709
			Ceded			(3,254,200)						(2,889,796)						(2,951,539)						(2,776,056)						(2,759,360)						(2,571,859)
			Net			$	5,102,325					$	5,083,781					$	5,263,056					$	5,160,326					$	4,926,624					$	4,709,850

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- Definition

Tabular disclosure of the effects of reinsurance, for example, but not limited to, disclosure of direct, assumed, and ceded insurance.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-SubTopic 605
-Topic 944
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479655/944-605-50-1

+ Details

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- References

No definition available.

+ Details

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