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INVESTMENTS - Fixed Maturities Available for Sale (Details) - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Mar. 31, 2023
Dec. 31, 2022
Available for sale        
Amortized cost $ 12,714,210 $ 12,634,254    
Allowance for expected credit losses (4,237) (10,759) $ (12,645) $ (11,733)
Gross unrealized gains 51,727 91,762    
Gross unrealized losses (492,390) (480,515)    
Fair value 12,269,310 12,234,742    
U.S. government and agency        
Available for sale        
Amortized cost 2,649,595 3,049,445    
Allowance for expected credit losses 0 0    
Gross unrealized gains 1,590 13,211    
Gross unrealized losses (57,468) (55,128)    
Fair value 2,593,717 3,007,528    
Non-U.S. government        
Available for sale        
Amortized cost 757,162 729,761    
Allowance for expected credit losses (17) (30)    
Gross unrealized gains 4,851 13,089    
Gross unrealized losses (23,798) (18,861)    
Fair value 738,198 723,959    
Corporate debt        
Available for sale        
Amortized cost 5,095,372 4,651,654    
Allowance for expected credit losses (3,973) (10,438)    
Gross unrealized gains 37,431 49,434    
Gross unrealized losses (212,892) (216,478)    
Fair value 4,915,938 4,474,172    
Agency RMBS        
Available for sale        
Amortized cost 1,684,869 1,706,204    
Allowance for expected credit losses 0 0    
Gross unrealized gains 4,273 11,495    
Gross unrealized losses (103,522) (83,038)    
Fair value 1,585,620 1,634,661    
CMBS        
Available for sale        
Amortized cost 870,433 897,553    
Allowance for expected credit losses 0 0    
Gross unrealized gains 545 551    
Gross unrealized losses (50,585) (58,408)    
Fair value 820,393 839,696    
Non-agency RMBS        
Available for sale        
Amortized cost 152,322 165,910    
Allowance for expected credit losses (198) (194)    
Gross unrealized gains 518 713    
Gross unrealized losses (12,650) (13,033)    
Fair value 139,992 153,396    
ABS        
Available for sale        
Amortized cost 1,336,681 1,265,187    
Allowance for expected credit losses (49) (50)    
Gross unrealized gains 2,148 2,855    
Gross unrealized losses (20,875) (25,021)    
Fair value 1,317,905 1,242,971    
Municipals        
Available for sale        
Amortized cost 167,776 168,540    
Allowance for expected credit losses 0 (47)    
Gross unrealized gains 371 414    
Gross unrealized losses (10,600) (10,548)    
Fair value $ 157,547 $ 158,359