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INVESTMENTS - Gross Unrealized Losses (Details)
$ in Thousands
Dec. 31, 2024
USD ($)
security
Dec. 31, 2023
USD ($)
security
Fixed maturities    
Fair value    
12 months or greater $ 2,253,146 $ 6,293,107
Less than 12 months 4,880,934 1,617,343
Total 7,134,080 7,910,450
Unrealized losses    
12 months or greater (185,909) (453,997)
Less than 12 months (125,426) (26,518)
Total $ (311,335) $ (480,515)
Number of positions in an unrealized loss | security 3,994 3,535
Continuous unrealized loss position | security 2,108 3,212
Fixed maturities | Below Investment Grade or Not Rated    
Unrealized losses    
Total $ (14,000) $ (13,000)
U.S. government and agency    
Fair value    
12 months or greater 262,368 846,503
Less than 12 months 1,026,139 867,733
Total 1,288,507 1,714,236
Unrealized losses    
12 months or greater (17,515) (42,465)
Less than 12 months (15,621) (12,663)
Total (33,136) (55,128)
Non-U.S. government    
Fair value    
12 months or greater 98,846 233,038
Less than 12 months 457,889 115,112
Total 556,735 348,150
Unrealized losses    
12 months or greater (9,179) (18,178)
Less than 12 months (16,781) (683)
Total (25,960) (18,861)
Corporate debt    
Fair value    
12 months or greater 934,975 2,623,304
Less than 12 months 2,032,254 240,813
Total 2,967,229 2,864,117
Unrealized losses    
12 months or greater (78,979) (210,512)
Less than 12 months (47,245) (5,966)
Total (126,224) (216,478)
Agency RMBS    
Fair value    
12 months or greater 280,550 778,656
Less than 12 months 749,040 218,606
Total 1,029,590 997,262
Unrealized losses    
12 months or greater (35,333) (80,070)
Less than 12 months (26,657) (2,968)
Total (61,990) (83,038)
CMBS    
Fair value    
12 months or greater 410,213 703,411
Less than 12 months 260,411 75,242
Total 670,624 778,653
Unrealized losses    
12 months or greater (22,334) (54,856)
Less than 12 months (11,836) (3,552)
Total (34,170) (58,408)
Non-agency RMBS    
Fair value    
12 months or greater 69,418 98,483
Less than 12 months 8,302 10,017
Total 77,720 108,500
Unrealized losses    
12 months or greater (9,900) (13,013)
Less than 12 months (82) (20)
Total (9,982) (13,033)
ABS    
Fair value    
12 months or greater 147,281 879,743
Less than 12 months 295,897 83,582
Total 443,178 963,325
Unrealized losses    
12 months or greater (8,471) (24,747)
Less than 12 months (4,806) (274)
Total (13,277) (25,021)
Municipals    
Fair value    
12 months or greater 49,495 129,969
Less than 12 months 51,002 6,238
Total 100,497 136,207
Unrealized losses    
12 months or greater (4,198) (10,156)
Less than 12 months (2,398) (392)
Total $ (6,596) $ (10,548)