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RESERVE FOR LOSSES AND LOSS EXPENSES - Reserve Roll-forward (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Reconciliation of Beginning and Ending Gross Unpaid Losses and Loss Expenses      
Gross reserve for losses and loss expenses, beginning of year $ 16,434,018 $ 15,168,863 $ 14,653,094
Less reinsurance recoverable on unpaid losses and loss expenses, beginning of year (6,323,083) (5,831,172) (5,017,611)
Net reserve for unpaid losses and loss expenses, beginning of year 10,110,935 9,337,691 9,635,483
Net incurred losses and loss expenses related to:      
Current year 3,182,810 2,981,220 3,267,943
Prior years (24,323) 411,882 (25,533)
Net incurred losses and loss expenses 3,158,487 3,393,102 3,242,410
Net paid losses and loss expenses related to:      
Current year (538,709) (488,016) (457,857)
Prior years (2,360,100) (2,185,588) (2,397,213)
Net paid losses and loss expenses (2,898,809) (2,673,604) (2,855,070)
Foreign exchange and other 7,419 53,746 (685,132)
Net reserve for unpaid losses and loss expenses, end of year 10,378,032 10,110,935 9,337,691
Reinsurance recoverable on unpaid losses and loss expenses, end of year 6,840,897 6,323,083 5,831,172
Gross reserve for losses and loss expenses, end of year $ 17,218,929 $ 16,434,018 $ 15,168,863