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INVESTMENTS - Fixed Maturities Available for Sale (Details) - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
Mar. 31, 2024
Dec. 31, 2023
Available for sale        
Amortized cost $ 11,997,330 $ 12,419,905    
Allowance for expected credit losses (4,183) (3,938) $ (4,237) $ (10,759)
Gross unrealized gains 80,097 48,121    
Gross unrealized losses (207,764) (311,335)    
Fair value 11,865,480 12,152,753    
U.S. government and agency        
Available for sale        
Amortized cost 2,550,984 2,830,111    
Allowance for expected credit losses 0 0    
Gross unrealized gains 14,930 6,011    
Gross unrealized losses (12,071) (33,136)    
Fair value 2,553,843 2,802,986    
Non-U.S. government        
Available for sale        
Amortized cost 719,115 753,315    
Allowance for expected credit losses (59) 0    
Gross unrealized gains 8,044 2,584    
Gross unrealized losses (12,575) (25,960)    
Fair value 714,525 729,939    
Corporate debt        
Available for sale        
Amortized cost 4,690,383 4,941,510    
Allowance for expected credit losses (3,875) (3,690)    
Gross unrealized gains 38,761 30,594    
Gross unrealized losses (97,659) (126,224)    
Fair value 4,627,610 4,842,190    
Agency RMBS        
Available for sale        
Amortized cost 1,591,388 1,245,681    
Allowance for expected credit losses 0 0    
Gross unrealized gains 8,903 1,154    
Gross unrealized losses (42,737) (61,990)    
Fair value 1,557,554 1,184,845    
CMBS        
Available for sale        
Amortized cost 879,004 852,534    
Allowance for expected credit losses 0 0    
Gross unrealized gains 3,347 1,244    
Gross unrealized losses (26,243) (34,170)    
Fair value 856,108 819,608    
Non-agency RMBS        
Available for sale        
Amortized cost 195,220 132,116    
Allowance for expected credit losses (196) (195)    
Gross unrealized gains 731 597    
Gross unrealized losses (6,016) (9,982)    
Fair value 189,739 122,536    
ABS        
Available for sale        
Amortized cost 1,296,928 1,547,350    
Allowance for expected credit losses (53) (53)    
Gross unrealized gains 5,120 5,812    
Gross unrealized losses (8,121) (13,277)    
Fair value 1,293,874 1,539,832    
Municipals        
Available for sale        
Amortized cost 74,308 117,288    
Allowance for expected credit losses 0 0    
Gross unrealized gains 261 125    
Gross unrealized losses (2,342) (6,596)    
Fair value $ 72,227 $ 110,817