XML 126 R100.htm IDEA: XBRL DOCUMENT v3.25.0.1
REINSURANCE (Details)
$ in Thousands
12 Months Ended
Sep. 30, 2024
USD ($)
Dec. 31, 2024
USD ($)
Dec. 31, 2023
USD ($)
Dec. 31, 2022
USD ($)
Dec. 13, 2024
USD ($)
Premiums written          
Gross   $ 9,005,888 $ 8,356,525 $ 8,214,595  
Ceded   (3,248,537) (3,254,200) (2,951,539)  
NET AMOUNT   5,757,351 5,102,325 5,263,056  
Premiums earned          
Gross   8,529,567 7,973,577 7,936,382  
Ceded   (3,223,332) (2,889,796) (2,776,056)  
Net   5,306,235 5,083,781 5,160,326  
Reinsurance receivables:          
Ceded losses and loss expenses   2,039,000 1,754,000 1,754,000  
Reinsurance recoverable on unpaid and paid losses and loss expenses   7,400,000 6,900,000    
Allowance for credit losses on reinsurance recoverable for unpaid losses and loss expenses   $ 43,445 $ 36,611 $ 30,715  
Cavello Bay Reinsurance Limited | Related Party          
Reinsurance receivables:          
Loss portfolio transfer reinsurance agreement, ground-up quota share, percentage         0.75
Loss portfolio transfer reinsurance agreement, loss expense $ 3,100,000        
Loss portfolio transfer reinsurance agreement, policy limit         $ 940,000