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RESERVE FOR LOSSES AND LOSS EXPENSES (DETAILS) (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Insurance Loss Reserves [Abstract]        
Reserve for reported losses and loss expenses $ 3,499,817 $ 3,272,682    
Reserve for losses incurred but not reported 6,082,323 5,786,049    
Reserve for losses and loss expenses $ 9,582,140 $ 9,058,731 $ 8,425,045 $ 7,032,375