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INVESTMENTS - Fixed Maturities Available for Sale (Details) - USD ($)
$ in Thousands
Jun. 30, 2025
Mar. 31, 2025
Dec. 31, 2024
Jun. 30, 2024
Mar. 31, 2024
Dec. 31, 2023
Available for sale            
Amortized cost $ 12,127,540   $ 12,419,905      
Allowance for expected credit losses (5,043) $ (4,183) (3,938) $ (4,631) $ (4,237) $ (10,759)
Gross unrealized gains 155,402   48,121      
Gross unrealized losses (140,424)   (311,335)      
Fair value 12,137,475   12,152,753      
U.S. government and agency            
Available for sale            
Amortized cost 2,378,539   2,830,111      
Allowance for expected credit losses 0   0      
Gross unrealized gains 17,688   6,011      
Gross unrealized losses (9,052)   (33,136)      
Fair value 2,387,175   2,802,986      
Non-U.S. government            
Available for sale            
Amortized cost 767,027   753,315      
Allowance for expected credit losses (16)   0      
Gross unrealized gains 27,373   2,584      
Gross unrealized losses (3,908)   (25,960)      
Fair value 790,476   729,939      
Corporate debt            
Available for sale            
Amortized cost 4,788,604   4,941,510      
Allowance for expected credit losses (4,773)   (3,690)      
Gross unrealized gains 83,530   30,594      
Gross unrealized losses (55,530)   (126,224)      
Fair value 4,811,831   4,842,190      
Agency RMBS            
Available for sale            
Amortized cost 1,767,469   1,245,681      
Allowance for expected credit losses 0   0      
Gross unrealized gains 10,280   1,154      
Gross unrealized losses (36,769)   (61,990)      
Fair value 1,740,980   1,184,845      
CMBS            
Available for sale            
Amortized cost 840,909   852,534      
Allowance for expected credit losses 0   0      
Gross unrealized gains 4,906   1,244      
Gross unrealized losses (22,233)   (34,170)      
Fair value 823,582   819,608      
Non-agency RMBS            
Available for sale            
Amortized cost 190,656   132,116      
Allowance for expected credit losses (199)   (195)      
Gross unrealized gains 990   597      
Gross unrealized losses (5,296)   (9,982)      
Fair value 186,151   122,536      
ABS            
Available for sale            
Amortized cost 1,329,187   1,547,350      
Allowance for expected credit losses (55)   (53)      
Gross unrealized gains 10,276   5,812      
Gross unrealized losses (5,729)   (13,277)      
Fair value 1,333,679   1,539,832      
Municipals            
Available for sale            
Amortized cost 65,149   117,288      
Allowance for expected credit losses 0   0      
Gross unrealized gains 359   125      
Gross unrealized losses (1,907)   (6,596)      
Fair value $ 63,601   $ 110,817