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OTHER COMPREHENSIVE INCOME (LOSS) (Tables) | 6 Months Ended
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Jun. 30, 2024
Equity [Abstract] |
Summary of Tax Effects Allocated to Each Component of Other Comprehensive Income (Loss) | The following table presents the tax effects allocated to each component of other comprehensive income (loss):
|  | 2024 |  | 2023 |  |
|  | Before tax amount |  | Income tax (expense) benefit |  | Net of tax amount |  | Before tax amount |  | Income tax (expense) benefit |  | Net of tax amount |  |
| Three months ended June 30, |  |  |  |  |  |  |  |  |  |  |  |  |
| Available for sale investments: |  |  |  |  |  |  |  |  |  |  |  |  |
| Unrealized gains (losses) arising during the period for which an allowance for expected credit losses has not been recognized | $ | (38,138) |  |  | $ | 2,552 |  |  | $ | (35,586) |  |  | $ | (112,993) |  |  | $ | 14,591 |  |  | $ | (98,402) |  |  |
| Unrealized gains (losses) arising during the period for which an allowance for expected credit losses has been recognized | (126) |  |  | 24 |  |  | (102) |  |  | (51) |  |  | 36 |  |  | (15) |  |  |
| Adjustment for reclassification of net realized (gains) losses and impairment losses recognized in net income (loss) | 59,496 |  |  | (5,124) |  |  | 54,372 |  |  | 40,157 |  |  | (3,536) |  |  | 36,621 |  |  |
| Unrealized gains (losses) arising during the period, net of reclassification adjustment | 21,232 |  |  | (2,548) |  |  | 18,684 |  |  | (72,887) |  |  | 11,091 |  |  | (61,796) |  |  |
| Foreign currency translation adjustment | (1,803) |  |  | — |  |  | (1,803) |  |  | 3,183 |  |  | — |  |  | 3,183 |  |  |
| Total other comprehensive income (loss), net of tax | $ | 19,429 |  |  | $ | (2,548) |  |  | $ | 16,881 |  |  | $ | (69,704) |  |  | $ | 11,091 |  |  | $ | (58,613) |  |  |
| Six months ended June 30, |  |  |  |  |  |  |  |  |  |  |  |  |
| Available for sale investments: |  |  |  |  |  |  |  |  |  |  |  |  |
| Unrealized gains (losses) arising during the period for which an allowance for expected credit losses has not been recognized | $ | (114,506) |  |  | $ | 18,904 |  |  | $ | (95,602) |  |  | $ | 46,744 |  |  | $ | (5,044) |  |  | $ | 41,700 |  |  |
| Unrealized gains (losses) arising during the period for which an allowance for expected credit losses has been recognized | (600) |  |  | 37 |  |  | (563) |  |  | 9,013 |  |  | (940) |  |  | 8,073 |  |  |
| Adjustment for reclassification of net realized (gains) losses and impairment losses recognized in net income (loss) | 84,375 |  |  | (6,588) |  |  | 77,787 |  |  | 84,277 |  |  | (6,907) |  |  | 77,370 |  |  |
| Unrealized gains (losses) arising during the period, net of reclassification adjustment | (30,731) |  |  | 12,353 |  |  | (18,378) |  |  | 140,034 |  |  | (12,891) |  |  | 127,143 |  |  |
| Foreign currency translation adjustment | (10,754) |  |  | — |  |  | (10,754) |  |  | 2,648 |  |  | — |  |  | 2,648 |  |  |
| Total other comprehensive income (loss), net of tax | $ | (41,485) |  |  | $ | 12,353 |  |  | $ | (29,132) |  |  | $ | 142,682 |  |  | $ | (12,891) |  |  | $ | 129,791 |  |  |
Summary of Reclassifications Out of AOCI Into Net Income Available to Common Shareholders | The following table presents details of amounts reclassified from accumulated other comprehensive income (loss) ("AOCI") to net income (loss):
|  |  | Amount reclassified from AOCI(1) |
| AOCI Components | Consolidated statement of operations line item that includes reclassification adjustment | Three months ended June 30, |  | Six months ended June 30, |
| 2024 |  | 2023 |  | 2024 |  | 2023 |
| Unrealized gains (losses) on available for sale investments |  |  |  |  |  |  |  |  |
|  | Other realized gains (losses) | $ | (59,340) |  |  | $ | (31,074) |  |  | $ | (84,211) |  |  | $ | (75,194) |  |
|  | Impairment losses | (156) |  |  | (9,083) |  |  | (164) |  |  | (9,083) |  |
|  | Total before tax | (59,496) |  |  | (40,157) |  |  | (84,375) |  |  | (84,277) |  |
|  | Income tax (expense) benefit | 5,124 |  |  | 3,536 |  |  | 6,588 |  |  | 6,907 |  |
|  | Net of tax | $ | (54,372) |  |  | $ | (36,621) |  |  | $ | (77,787) |  |  | $ | (77,370) |  |
(1) Amounts in parentheses are charges to net income (loss).

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- Definition Tabular disclosure of components of comprehensive income (loss). Includes, but is not limited to, foreign currency translation adjustments, foreign currency transactions designated as economic hedges of a net investment in foreign entity, gain (loss) and prior service cost (credit) for pension plans and other postretirement benefit plans. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 220 -SubTopic 10 -Name Accounting Standards Codification -Paragraph 1 -Section 45 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482790/220-10-45-1 + Details
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