v3.25.4
INVESTMENTS - Schedule of Net Realized and Unrealized Gains (Losses) on Fixed Maturity Investments Trading and Equity Investments (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Fixed maturity investments trading      
Fixed maturity investments trading      
Net realized gains (losses) $ 20,764 $ (63,929) $ (393,041)
Net unrealized gains (losses) 399,093 (182,494) 685,095
Net realized and unrealized gains (losses) 419,857 (246,423) 292,054
Equity investments      
Equity investments      
Net realized gains (losses) 598 355 (27,492)
Net unrealized gains (losses) 48,776 10,621 73,243
Net realized and unrealized gains (losses) $ 49,374 $ 10,976 $ 45,751