v3.25.4
FAIR VALUE MEASUREMENTS - Narrative (Details) - USD ($)
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]      
Other investments $ 4,574,214,000 $ 4,324,761,000  
Fixed maturity investments trading 24,884,323,000 23,562,514,000  
Debt 2,329,201,000 1,886,689,000  
Corporate      
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]      
Fixed maturity investments trading 8,528,828,000 7,862,423,000  
Asset-backed      
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]      
Fixed maturity investments trading 1,606,790,000 1,422,393,000  
Other Investments | Net investment income      
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]      
Net unrealized gains included in net investment income 106,100,000 243,800,000 $ 137,300,000
Significant Other Observable Inputs (Level 2)      
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]      
Other investments 1,770,720,000 2,152,485,000  
Fixed maturity investments trading 14,088,705,000 12,560,621,000  
Debt 2,200,000,000 1,900,000,000  
Fair Value 2,300,000,000 1,900,000,000  
Significant Other Observable Inputs (Level 2) | Direct private equity investments      
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]      
Other investments 157,010,000 168,089,000  
Significant Other Observable Inputs (Level 2) | Corporate      
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]      
Fixed maturity investments trading 8,414,572,000 7,862,423,000  
Significant Other Observable Inputs (Level 2) | Asset-backed      
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]      
Fixed maturity investments trading 1,566,931,000 1,422,393,000  
Significant Other Observable Inputs (Level 2) | Valuation Technique, Quoted Prices | Direct private equity investments      
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]      
Other investments 157,000,000.0 168,100,000  
Significant Unobservable Inputs (Level 3)      
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]      
Other investments 27,995,000 43,777,000  
Fixed maturity investments trading 154,115,000 0  
Debt 99,200,000 0  
Fair Value 100,200,000 0  
Significant Unobservable Inputs (Level 3) | Direct private equity investments      
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]      
Other investments 27,995,000 43,777,000  
Significant Unobservable Inputs (Level 3) | Corporate      
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]      
Fixed maturity investments trading 114,256,000 0  
Significant Unobservable Inputs (Level 3) | Asset-backed      
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]      
Fixed maturity investments trading 39,859,000 0  
Significant Unobservable Inputs (Level 3) | Internal valuation model | Direct private equity investments      
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]      
Other investments $ 27,995,000 $ 43,777,000