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SEGMENT INFORMATION (Tables)

12 Months Ended

Dec. 31, 2023

Segment Reporting [Abstract]

Summary of 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, 2023			Insurance						Reinsurance						Total
			Gross premiums written			$	6,140,764					$	2,215,761					$	8,356,525
			Net premiums written			3,758,720						1,343,605						5,102,325
			Net premiums earned			3,461,700						1,622,081						5,083,781
			Other insurance related income (loss)			(198)						22,693						22,495
			Net losses and loss expenses			(2,080,001)						(1,313,101)						(3,393,102)
			Acquisition costs			(648,463)						(352,482)						(1,000,945)
			Underwriting-related general and administrative expenses			(472,094)						(79,373)						(551,467)
			Underwriting income (loss)			$	260,944					$	(100,182)					160,762
			Net investment income															611,742
			Net investment gains (losses)															(74,630)
			Corporate expenses															(132,979)
			Foreign exchange (losses) gains															(58,115)
			Interest expense and financing costs															(68,421)
			Reorganization expenses															(28,997)
			Amortization of value of business acquired															—
			Amortization of intangible assets															(10,917)
			Income before income taxes and interest in income of equity method investments															398,445
			Income tax expense															(26,316)
			Interest in income of equity method investments															4,163
			Net income															376,292
			Preferred share dividends															30,250
			Net income available to common shareholders															$	346,042
			Net losses and loss expenses ratio			60.1		%				81.0		%				66.7		%
			Acquisition cost ratio			18.7		%				21.7		%				19.7		%
			General and administrative expense ratio			13.7		%				4.9		%				13.5		%
			Combined ratio			92.5		%				107.6		%				99.9		%
			Goodwill and intangible assets			$	287,684					$	—					$	287,684

			At and year ended December 31, 2022			Insurance						Reinsurance						Total
			Gross premiums written			$	5,585,581					$	2,629,014					$	8,214,595
			Net premiums written			3,377,906						1,885,150						5,263,056
			Net premiums earned			3,134,155						2,026,171						5,160,326
			Other insurance related income			559						12,514						13,073
			Net losses and loss expenses			(1,785,854)						(1,456,556)						(3,242,410)
			Acquisition costs			(577,838)						(444,179)						(1,022,017)
			Underwriting-related general and administrative expenses			(443,704)						(106,585)						(550,289)
			Underwriting income			$	327,318					$	31,365					358,683
			Net investment income															418,829
			Net investment gains (losses)															(456,789)
			Corporate expenses															(130,054)
			Foreign exchange gains															157,945
			Interest expense and financing costs															(63,146)
			Reorganization expenses															(31,426)
			Amortization of value of business acquired															—
			Amortization of intangible assets															(10,917)
			Income before income taxes and interest in income of equity method investments															243,125
			Income tax expense															(22,037)
			Interest in income of equity method investments															1,995
			Net income															223,083
			Preferred share dividends															30,250
			Net income available to common shareholders															$	192,833
			Net losses and loss expenses ratio			57.0		%				71.9		%				62.8		%
			Acquisition cost ratio			18.4		%				21.9		%				19.8		%
			General and administrative expense ratio			14.2		%				5.3		%				13.2		%
			Combined ratio			89.6		%				99.1		%				95.8		%
			Goodwill and intangible assets			$	298,601					$	—					$	298,601

			At and year ended December 31, 2021			Insurance						Reinsurance						Total
			Gross premiums written			$	4,863,232					$	2,822,752					$	7,685,984
			Net premiums written			2,894,885						2,031,739						4,926,624
			Net premiums earned			2,651,339						2,058,511						4,709,850
			Other insurance related income			1,662						21,633						23,295
			Net losses and loss expenses			(1,514,998)						(1,493,785)						(3,008,783)
			Acquisition costs			(484,344)						(437,490)						(921,834)
			Underwriting-related general and administrative expenses			(429,282)						(107,552)						(536,834)
			Underwriting income			$	224,377					$	41,317					265,694
			Net investment income															454,301
			Net investment gains															134,279
			Corporate expenses															(126,470)
			Foreign exchange (losses) gains															(315)
			Interest expense and financing costs															(62,302)
			Reorganization expenses															—
			Amortization of value of business acquired															(3,854)
			Amortization of intangible assets															(12,424)
			Income before income taxes and interest in income of equity method investments															648,909
			Income tax expense															(62,384)
			Interest in income of equity method investments															32,084
			Net income															618,609
			Preferred share dividends															30,250
			Net income available to common shareholders															$	588,359
			Net losses and loss expenses ratio			57.1		%				72.6		%				63.9		%
			Acquisition cost ratio			18.3		%				21.3		%				19.6		%
			General and administrative expense ratio			16.2		%				5.1		%				14.0		%
			Combined ratio			91.6		%				99.0		%				97.5		%
			Goodwill and intangible assets			$	309,518					$	—					$	309,518

Summary of Gross Premiums Written by Geographical Location of Subsidiaries

The following table presents gross premiums written by the geographical location of the Company's subsidiaries:

			Years ended December 31,			2023						2022						2021
			U.S.			$	4,484,789					$	4,342,707					$	4,002,748
			Ireland			1,837,177						1,931,815						1,667,496
			Lloyd's of London			1,759,990						1,567,458						1,473,047
			Bermuda			274,569						372,615						542,693
			Gross premiums written			$	8,356,525					$	8,214,595					$	7,685,984

Summary of Net Premiums Earned by Segment and Line of Business

The following table presents net premiums earned by segment and line of business:    

			Years ended December 31,			2023						2022						2021
			Insurance
			Professional lines			$	764,558					$	817,924					$	646,390
			Property			878,849						755,986						711,297
			Liability			496,381						459,775						354,787
			Cyber			323,025						309,004						252,077
			Marine and aviation			567,292						479,499						439,050
			Accident and health			306,061						209,548						151,133
			Credit and political risk			125,534						102,419						96,605
			Total Insurance			3,461,700						3,134,155						2,651,339
			Reinsurance
			Liability			403,239						484,681						431,596
			Accident and health			341,806						368,747						361,196
			Professional lines			205,404						250,911						220,448
			Credit and surety			236,408						192,926						158,549
			Motor			155,942						205,774						247,099
			Agriculture			121,628						122,289						82,743
			Marine and aviation			65,658						78,504						58,775
			Run-off lines
			Catastrophe			33,963						156,232						238,775
			Property			44,508						135,480						231,092
			Engineering			13,525						30,627						28,238
			Total run-off lines			91,996						322,339						498,105
			Total Reinsurance			1,622,081						2,026,171						2,058,511
			Total			$	5,083,781					$	5,160,326					$	4,709,850

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