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SEGMENT INFORMATION (Details)
$ in Thousands
3 Months Ended 12 Months Ended
Mar. 31, 2020
USD ($)
reportable_segment
Mar. 31, 2019
USD ($)
Dec. 31, 2019
USD ($)
Segment Reporting [Abstract]      
Number of reportable segments | reportable_segment 2    
Segment Information [Line Items]      
Net premiums earned $ 1,088,625 $ 1,134,212  
Other insurance related income (loss) (8,707) 6,929  
Net losses and loss expenses (908,073) (664,028)  
Acquisition costs (238,650) (260,418)  
Expenses (157,060) (175,091)  
Net investment income 93,101 107,303  
Net investment gains (losses) (62,877) 12,767  
Foreign exchange (losses) gains 61,683 (7,056)  
Interest expense and financing costs (23,472) (15,895)  
Reorganization expenses 982 (14,820) $ (15,000)
Amortization of value of business acquired (1,799) (13,104)  
Amortization of intangible assets (2,870) (3,003)  
Income before income taxes and interest in income of equity method investments (159,117) 107,796  
Operating Segments      
Segment Information [Line Items]      
Gross premiums written 2,431,158 2,583,226  
Net premiums written 1,679,044 1,777,059  
Net premiums earned 1,088,625 1,134,212  
Other insurance related income (loss) (8,707) 6,929  
Net losses and loss expenses (908,073) (664,028)  
Acquisition costs (238,650) (260,418)  
Expenses (129,962) (138,873)  
Underwriting income (loss) $ (196,767) $ 77,822  
Net losses and loss expenses ratio 83.40% 58.50%  
Acquisition cost ratio 21.90% 23.00%  
General and administrative expense ratio 14.50% 15.40%  
Combined ratio 119.80% 96.90%  
Goodwill and intangible assets $ 329,824 $ 340,766  
Operating Segments | Insurance      
Segment Information [Line Items]      
Gross premiums written 940,715 851,096  
Net premiums written 581,650 529,239  
Net premiums earned 562,064 556,762  
Other insurance related income (loss) 647 1,742  
Net losses and loss expenses (471,812) (313,776)  
Acquisition costs (112,751) (117,775)  
Expenses (100,778) (106,034)  
Underwriting income (loss) $ (122,630) $ 20,919  
Net losses and loss expenses ratio 83.90% 56.40%  
Acquisition cost ratio 20.10% 21.20%  
General and administrative expense ratio 17.90% 19.00%  
Combined ratio 121.90% 96.60%  
Goodwill and intangible assets $ 329,824 $ 340,766  
Operating Segments | Reinsurance      
Segment Information [Line Items]      
Gross premiums written 1,490,443 1,732,130  
Net premiums written 1,097,394 1,247,820  
Net premiums earned 526,561 577,450  
Other insurance related income (loss) (9,354) 5,187  
Net losses and loss expenses (436,261) (350,252)  
Acquisition costs (125,899) (142,643)  
Expenses (29,184) (32,839)  
Underwriting income (loss) $ (74,137) $ 56,903  
Net losses and loss expenses ratio 82.90% 60.70%  
Acquisition cost ratio 23.90% 24.70%  
General and administrative expense ratio 5.50% 5.60%  
Combined ratio 112.30% 91.00%  
Goodwill and intangible assets $ 0 $ 0  
Corporate Expenses      
Segment Information [Line Items]      
Expenses (27,098) (36,218)  
Segment Reconciling Items      
Segment Information [Line Items]      
Net investment income 93,101 107,303  
Net investment gains (losses) (62,877) 12,767  
Foreign exchange (losses) gains 61,683 (7,056)  
Interest expense and financing costs (23,472) (15,895)  
Reorganization expenses 982 (14,820)  
Amortization of value of business acquired (1,799) (13,104)  
Amortization of intangible assets $ (2,870) $ (3,003)