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FAIR VALUE MEASUREMENTS (Financial Instruments Measured at Fair Value) (Details) - USD ($)
$ in Thousands
Jun. 30, 2021
Dec. 31, 2020
Assets    
Fixed maturities, available for sale $ 11,898,300 $ 12,041,799
Equity securities 588,196 518,445
Other investments 865,238 829,156
Short-term investments 112,862 161,897
Derivative instruments (refer to Note 5) 3,140 18,875
Total Assets 13,467,736 13,570,172
Liabilities    
Derivative instruments (refer to Note 5) 18,382 11,486
Cash settled awards (refer to Note 8) 5,804 13,273
Total Liabilities 24,186 24,759
U.S. government and agency    
Assets    
Fixed maturities, available for sale 2,551,940 1,918,699
Non-U.S. government    
Assets    
Fixed maturities, available for sale 680,572 671,273
Corporate debt    
Assets    
Fixed maturities, available for sale 4,499,394 4,655,951
Agency RMBS    
Assets    
Fixed maturities, available for sale 1,044,556 1,286,209
CMBS    
Assets    
Fixed maturities, available for sale 1,144,592 1,353,587
Non-agency RMBS    
Assets    
Fixed maturities, available for sale 207,489 140,104
ABS    
Assets    
Fixed maturities, available for sale 1,499,639 1,720,078
Municipals    
Assets    
Fixed maturities, available for sale 270,118 295,898
Common stocks    
Assets    
Equity securities 952 10,942
Preferred shares    
Assets    
Equity securities 251 8,068
Exchange-traded funds    
Assets    
Equity securities 309,985 221,718
Bond mutual funds    
Assets    
Equity securities 277,008 277,717
Hedge funds    
Assets    
Other investments 112,748 146,720
Direct lending funds    
Assets    
Other investments 288,404 272,131
Private equity funds    
Assets    
Other investments 190,465 124,706
Real estate funds    
Assets    
Other investments 201,833 164,250
CLO-Equities    
Assets    
Other investments 7,002 6,173
Other privately held investments    
Assets    
Other investments 64,786 70,011
Overseas deposits    
Assets    
Other investments 0 45,165
Quoted prices in active markets for identical assets (Level 1)    
Assets    
Fixed maturities, available for sale 2,504,245 1,861,240
Equity securities 311,188 240,728
Other investments 0 0
Short-term investments 0 0
Derivative instruments (refer to Note 5) 0 0
Total Assets 2,815,433 2,101,968
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, available for sale 2,504,245 1,861,240
Quoted prices in active markets for identical assets (Level 1) | Non-U.S. government    
Assets    
Fixed maturities, available for sale 0 0
Quoted prices in active markets for identical assets (Level 1) | Corporate debt    
Assets    
Fixed maturities, available for sale 0 0
Quoted prices in active markets for identical assets (Level 1) | Agency RMBS    
Assets    
Fixed maturities, available for sale 0 0
Quoted prices in active markets for identical assets (Level 1) | CMBS    
Assets    
Fixed maturities, available for sale 0 0
Quoted prices in active markets for identical assets (Level 1) | Non-agency RMBS    
Assets    
Fixed maturities, available for sale 0 0
Quoted prices in active markets for identical assets (Level 1) | ABS    
Assets    
Fixed maturities, available for sale 0 0
Quoted prices in active markets for identical assets (Level 1) | Municipals    
Assets    
Fixed maturities, available for sale 0 0
Quoted prices in active markets for identical assets (Level 1) | Common stocks    
Assets    
Equity securities 952 10,942
Quoted prices in active markets for identical assets (Level 1) | Preferred shares    
Assets    
Equity securities 251 8,068
Quoted prices in active markets for identical assets (Level 1) | Exchange-traded funds    
Assets    
Equity securities 309,985 221,718
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) | CLO-Equities    
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) | Overseas deposits    
Assets    
Other investments 0 0
Significant other observable inputs (Level 2)    
Assets    
Fixed maturities, available for sale 9,358,769 10,165,650
Equity securities 277,008 277,717
Other investments 0 45,165
Short-term investments 112,862 161,897
Derivative instruments (refer to Note 5) 3,140 18,875
Total Assets 9,751,779 10,669,304
Liabilities    
Derivative instruments (refer to Note 5) 10,265 2,364
Cash settled awards (refer to Note 8) 5,804 13,273
Total Liabilities 16,069 15,637
Significant other observable inputs (Level 2) | U.S. government and agency    
Assets    
Fixed maturities, available for sale 47,695 57,459
Significant other observable inputs (Level 2) | Non-U.S. government    
Assets    
Fixed maturities, available for sale 680,572 671,273
Significant other observable inputs (Level 2) | Corporate debt    
Assets    
Fixed maturities, available for sale 4,476,668 4,653,447
Significant other observable inputs (Level 2) | Agency RMBS    
Assets    
Fixed maturities, available for sale 1,044,556 1,286,209
Significant other observable inputs (Level 2) | CMBS    
Assets    
Fixed maturities, available for sale 1,144,592 1,351,847
Significant other observable inputs (Level 2) | Non-agency RMBS    
Assets    
Fixed maturities, available for sale 207,489 140,104
Significant other observable inputs (Level 2) | ABS    
Assets    
Fixed maturities, available for sale 1,487,079 1,709,413
Significant other observable inputs (Level 2) | Municipals    
Assets    
Fixed maturities, available for sale 270,118 295,898
Significant other observable inputs (Level 2) | Common stocks    
Assets    
Equity securities 0 0
Significant other observable inputs (Level 2) | Preferred shares    
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 277,008 277,717
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) | CLO-Equities    
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) | Overseas deposits    
Assets    
Other investments 0 45,165
Significant unobservable inputs (Level 3)    
Assets    
Fixed maturities, available for sale 35,286 14,909
Equity securities 0 0
Other investments 71,788 76,184
Short-term investments 0 0
Derivative instruments (refer to Note 5) 0 0
Total Assets 107,074 91,093
Liabilities    
Derivative instruments (refer to Note 5) 8,117 9,122
Cash settled awards (refer to Note 8) 0 0
Total Liabilities 8,117 9,122
Significant unobservable inputs (Level 3) | U.S. government and agency    
Assets    
Fixed maturities, available for sale 0 0
Significant unobservable inputs (Level 3) | Non-U.S. government    
Assets    
Fixed maturities, available for sale 0 0
Significant unobservable inputs (Level 3) | Corporate debt    
Assets    
Fixed maturities, available for sale 22,726 2,504
Significant unobservable inputs (Level 3) | Agency RMBS    
Assets    
Fixed maturities, available for sale 0 0
Significant unobservable inputs (Level 3) | CMBS    
Assets    
Fixed maturities, available for sale 0 1,740
Significant unobservable inputs (Level 3) | Non-agency RMBS    
Assets    
Fixed maturities, available for sale 0 0
Significant unobservable inputs (Level 3) | ABS    
Assets    
Fixed maturities, available for sale 12,560 10,665
Significant unobservable inputs (Level 3) | Municipals    
Assets    
Fixed maturities, available for sale 0 0
Significant unobservable inputs (Level 3) | Common stocks    
Assets    
Equity securities 0 0
Significant unobservable inputs (Level 3) | Preferred shares    
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) | CLO-Equities    
Assets    
Other investments 7,002 6,173
Significant unobservable inputs (Level 3) | Other privately held investments    
Assets    
Other investments 64,786 70,011
Significant unobservable inputs (Level 3) | Overseas deposits    
Assets    
Other investments 0 0
Fair value based on NAV practical expedient    
Assets    
Other investments 793,450 707,807
Fair value based on NAV practical expedient | Hedge funds    
Assets    
Other investments 112,748 146,720
Fair value based on NAV practical expedient | Direct lending funds    
Assets    
Other investments 288,404 272,131
Fair value based on NAV practical expedient | Private equity funds    
Assets    
Other investments 190,465 124,706
Fair value based on NAV practical expedient | Real estate funds    
Assets    
Other investments $ 201,833 $ 164,250