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SEGMENT INFORMATION (Tables)

3 Months Ended

Mar. 31, 2024

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 amounts of allocated goodwill and intangible assets:

						2024																		2023
			Three months ended and at March 31,			Insurance						Reinsurance						Total						Insurance						Reinsurance						Total
			Gross premiums written			$	1,574,505					$	1,079,922					$	2,654,427					$	1,415,612					$	966,364					$	2,381,976
			Net premiums written			1,022,354						699,719						1,722,073						882,576						725,780						1,608,356
			Net premiums earned			917,946						340,095						1,258,041						816,456						413,743						1,230,199
			Other insurance related income			21						8,319						8,340						54						523						577
			Net losses and loss expenses			(496,864)						(231,807)						(728,671)						(449,467)						(271,175)						(720,642)
			Acquisition costs			(176,029)						(78,225)						(254,254)						(147,058)						(83,315)						(230,373)
			Underwriting-related general and administrative expenses			(122,087)						(15,706)						(137,793)						(116,630)						(23,765)						(140,395)
			Underwriting income			$	122,987					$	22,676					145,663						$	103,355					$	36,011					139,366
			Net investment income															167,383																		133,771
			Net investment gains (losses)															(9,207)																		(20,190)
			Corporate expenses															(25,580)																		(26,416)
			Foreign exchange (losses) gains															23,552																		(8,710)
			Interest expense and financing costs															(17,147)																		(16,894)
			Reorganization expenses															(12,299)																		—
			Amortization of intangible assets															(2,729)																		(2,729)
			Income before income taxes and interest in income (loss) of equity method investments															269,636																		198,198
			Income tax (expense) benefit															124,654																		(15,896)
			Interest in income (loss) of equity method investments															1,169																		(2,205)
			Net income															395,459																		180,097
			Preferred share dividends															7,563																		7,563
			Net income available to common shareholders															$	387,896																	$	172,534
			Net losses and loss expenses ratio			54.1		%				68.2		%				57.9		%				55.1		%				65.5		%				58.6		%
			Acquisition cost ratio			19.2		%				23.0		%				20.2		%				18.0		%				20.1		%				18.7		%
			General and administrative expense ratio			13.3		%				4.6		%				13.0		%				14.2		%				5.8		%				13.6		%
			Combined ratio			86.6		%				95.8		%				91.1		%				87.3		%				91.4		%				90.9		%
			Goodwill and intangible assets			$	284,956					$	—					$	284,956					$	295,872					$	—					$	295,872

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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.

+ References

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-Name Accounting Standards Codification
-Topic 350
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