v3.25.4
RESERVE FOR CLAIMS AND CLAIM EXPENSES - Schedule of Liability for Unpaid Claims and Claim Expenses (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Liability for Unpaid Claims and Claims Adjustment Expense [Roll Forward]      
Reserve for claims and claim expenses, net of reinsurance recoverable, beginning of period $ 16,822,101 $ 15,142,583 $ 11,181,648
Net incurred related to:      
Current year 6,706,772 6,184,315 4,024,116
Prior years (1,090,933) (851,334) (450,607)
Total net incurred 5,615,839 5,332,981 3,573,509
Net paid related to:      
Current year 969,151 488,450 364,793
Prior years 3,359,634 3,109,360 2,630,885
Total net paid 4,328,785 3,597,810 2,995,678
Foreign exchange and other 293,277 (55,653) 62,902
Amounts acquired 0 0 3,320,202
Reserve for claims and claim expenses, net of reinsurance recoverable, end of period 18,402,432 16,822,101 15,142,583
Reinsurance recoverable, end of period 3,899,913 4,481,390 5,344,286
Reserve for claims and claim expenses, end of period $ 22,302,345 $ 21,303,491 $ 20,486,869