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FAIR VALUE MEASUREMENTS (Financial Instruments Measured at Fair Value) (Details) - USD ($)
$ in Thousands
Sep. 30, 2019
Dec. 31, 2018
Assets    
Fixed maturities $ 12,616,241 $ 11,435,347
Equity securities 429,903 381,633
Other investments 779,200 787,787
Short-term investments 12,539 144,040
Derivative instruments (refer to Note 5) 1,343 8,237
Total Assets 13,839,226 12,757,044
Liabilities    
Derivative instruments (refer to Note 5) 17,601 14,522
Cash settled awards (refer to Note 8) 19,060 20,648
Total Liabilities 36,661 35,170
U.S. government and agency    
Assets    
Fixed maturities 2,133,956 1,515,697
Non-U.S. government    
Assets    
Fixed maturities 537,632 493,016
Corporate debt    
Assets    
Fixed maturities 5,077,095 4,876,921
Agency RMBS    
Assets    
Fixed maturities 1,632,768 1,643,308
CMBS    
Assets    
Fixed maturities 1,368,890 1,092,530
Non-Agency RMBS    
Assets    
Fixed maturities 58,952 40,687
ABS    
Assets    
Fixed maturities 1,600,535 1,637,603
Municipals    
Assets    
Fixed maturities 206,413 135,585
Common stocks    
Assets    
Equity securities 184 527
Exchange-traded funds    
Assets    
Equity securities 273,722 236,839
Bond mutual funds    
Assets    
Equity securities 155,997 144,267
Hedge funds    
Assets    
Other investments 196,696 194,598
Direct lending funds    
Assets    
Other investments 275,619 274,478
Private equity funds    
Assets    
Other investments 67,210 64,566
Real estate funds    
Assets    
Other investments 130,209 84,202
Other privately held investments    
Assets    
Other investments 30,719 44,518
CLO-Equities    
Assets    
Other investments 15,454 21,271
Overseas deposits    
Assets    
Other investments 63,293 104,154
Quoted prices in active markets for identical assets (Level 1)    
Assets    
Fixed maturities 2,081,388 1,480,466
Equity securities 273,906 237,366
Other investments 0 0
Short-term investments 0 0
Derivative instruments (refer to Note 5) 0 0
Total Assets 2,355,294 1,717,832
Liabilities    
Derivative instruments (refer to Note 5) 0 0
Cash settled awards (refer to Note 8) 0 0
Total Liabilities 0 0
Quoted prices in active markets for identical assets (Level 1) | U.S. government and agency    
Assets    
Fixed maturities 2,081,388 1,480,466
Quoted prices in active markets for identical assets (Level 1) | Non-U.S. government    
Assets    
Fixed maturities 0 0
Quoted prices in active markets for identical assets (Level 1) | Corporate debt    
Assets    
Fixed maturities 0 0
Quoted prices in active markets for identical assets (Level 1) | Agency RMBS    
Assets    
Fixed maturities 0 0
Quoted prices in active markets for identical assets (Level 1) | CMBS    
Assets    
Fixed maturities 0 0
Quoted prices in active markets for identical assets (Level 1) | Non-Agency RMBS    
Assets    
Fixed maturities 0 0
Quoted prices in active markets for identical assets (Level 1) | ABS    
Assets    
Fixed maturities 0 0
Quoted prices in active markets for identical assets (Level 1) | Municipals    
Assets    
Fixed maturities 0 0
Quoted prices in active markets for identical assets (Level 1) | Common stocks    
Assets    
Equity securities 184 527
Quoted prices in active markets for identical assets (Level 1) | Exchange-traded funds    
Assets    
Equity securities 273,722 236,839
Quoted prices in active markets for identical assets (Level 1) | Bond mutual funds    
Assets    
Equity securities 0 0
Quoted prices in active markets for identical assets (Level 1) | Hedge funds    
Assets    
Other investments 0 0
Quoted prices in active markets for identical assets (Level 1) | Direct lending funds    
Assets    
Other investments 0 0
Quoted prices in active markets for identical assets (Level 1) | Private equity funds    
Assets    
Other investments 0 0
Quoted prices in active markets for identical assets (Level 1) | Real estate funds    
Assets    
Other investments 0 0
Quoted prices in active markets for identical assets (Level 1) | Other privately held investments    
Assets    
Other investments 0 0
Quoted prices in active markets for identical assets (Level 1) | CLO-Equities    
Assets    
Other investments 0 0
Quoted prices in active markets for identical assets (Level 1) | Overseas deposits    
Assets    
Other investments 0 0
Significant other observable inputs (Level 2)    
Assets    
Fixed maturities 10,481,036 9,868,202
Equity securities 155,997 144,267
Other investments 63,293 104,154
Short-term investments 12,539 144,040
Derivative instruments (refer to Note 5) 1,343 8,237
Total Assets 10,714,208 10,268,900
Liabilities    
Derivative instruments (refer to Note 5) 7,465 4,223
Cash settled awards (refer to Note 8) 19,060 20,648
Total Liabilities 26,525 24,871
Significant other observable inputs (Level 2) | U.S. government and agency    
Assets    
Fixed maturities 52,568 35,231
Significant other observable inputs (Level 2) | Non-U.S. government    
Assets    
Fixed maturities 537,632 493,016
Significant other observable inputs (Level 2) | Corporate debt    
Assets    
Fixed maturities 5,038,544 4,827,909
Significant other observable inputs (Level 2) | Agency RMBS    
Assets    
Fixed maturities 1,632,768 1,643,308
Significant other observable inputs (Level 2) | CMBS    
Assets    
Fixed maturities 1,354,116 1,073,396
Significant other observable inputs (Level 2) | Non-Agency RMBS    
Assets    
Fixed maturities 58,952 40,687
Significant other observable inputs (Level 2) | ABS    
Assets    
Fixed maturities 1,600,043 1,619,070
Significant other observable inputs (Level 2) | Municipals    
Assets    
Fixed maturities 206,413 135,585
Significant other observable inputs (Level 2) | Common stocks    
Assets    
Equity securities 0 0
Significant other observable inputs (Level 2) | Exchange-traded funds    
Assets    
Equity securities 0 0
Significant other observable inputs (Level 2) | Bond mutual funds    
Assets    
Equity securities 155,997 144,267
Significant other observable inputs (Level 2) | Hedge funds    
Assets    
Other investments 0 0
Significant other observable inputs (Level 2) | Direct lending funds    
Assets    
Other investments 0 0
Significant other observable inputs (Level 2) | Private equity funds    
Assets    
Other investments 0 0
Significant other observable inputs (Level 2) | Real estate funds    
Assets    
Other investments 0 0
Significant other observable inputs (Level 2) | Other privately held investments    
Assets    
Other investments 0 0
Significant other observable inputs (Level 2) | CLO-Equities    
Assets    
Other investments 0 0
Significant other observable inputs (Level 2) | Overseas deposits    
Assets    
Other investments 63,293 104,154
Significant unobservable inputs (Level 3)    
Assets    
Fixed maturities 53,817 86,679
Equity securities 0 0
Other investments 46,173 65,789
Short-term investments 0 0
Derivative instruments (refer to Note 5) 0 0
Total Assets 99,990 152,468
Liabilities    
Derivative instruments (refer to Note 5) 10,136 10,299
Cash settled awards (refer to Note 8) 0 0
Total Liabilities 10,136 10,299
Significant unobservable inputs (Level 3) | U.S. government and agency    
Assets    
Fixed maturities 0 0
Significant unobservable inputs (Level 3) | Non-U.S. government    
Assets    
Fixed maturities 0 0
Significant unobservable inputs (Level 3) | Corporate debt    
Assets    
Fixed maturities 38,551 49,012
Significant unobservable inputs (Level 3) | Agency RMBS    
Assets    
Fixed maturities 0 0
Significant unobservable inputs (Level 3) | CMBS    
Assets    
Fixed maturities 14,774 19,134
Significant unobservable inputs (Level 3) | Non-Agency RMBS    
Assets    
Fixed maturities 0 0
Significant unobservable inputs (Level 3) | ABS    
Assets    
Fixed maturities 492 18,533
Significant unobservable inputs (Level 3) | Municipals    
Assets    
Fixed maturities 0 0
Significant unobservable inputs (Level 3) | Common stocks    
Assets    
Equity securities 0 0
Significant unobservable inputs (Level 3) | Exchange-traded funds    
Assets    
Equity securities 0 0
Significant unobservable inputs (Level 3) | Bond mutual funds    
Assets    
Equity securities 0 0
Significant unobservable inputs (Level 3) | Hedge funds    
Assets    
Other investments 0 0
Significant unobservable inputs (Level 3) | Direct lending funds    
Assets    
Other investments 0 0
Significant unobservable inputs (Level 3) | Private equity funds    
Assets    
Other investments 0 0
Significant unobservable inputs (Level 3) | Real estate funds    
Assets    
Other investments 0 0
Significant unobservable inputs (Level 3) | Other privately held investments    
Assets    
Other investments 30,719 44,518
Significant unobservable inputs (Level 3) | CLO-Equities    
Assets    
Other investments 15,454 21,271
Significant unobservable inputs (Level 3) | Overseas deposits    
Assets    
Other investments 0 0
Fair value based on NAV practical expedient    
Assets    
Other investments 669,734 617,844
Fair value based on NAV practical expedient | Hedge funds    
Assets    
Other investments 196,696 194,598
Fair value based on NAV practical expedient | Direct lending funds    
Assets    
Other investments 275,619 274,478
Fair value based on NAV practical expedient | Private equity funds    
Assets    
Other investments 67,210 64,566
Fair value based on NAV practical expedient | Real estate funds    
Assets    
Other investments $ 130,209 $ 84,202