v3.26.1
FAIR VALUE MEASUREMENTS - Narrative (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Dec. 31, 2025
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]          
Fixed maturity investments trading $ 25,185,430   $ 25,185,430   $ 24,884,323
Debt 2,330,907   2,330,907   2,329,201
Asset-backed          
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]          
Fixed maturity investments trading 1,688,500   1,688,500   1,606,790
Other Investments | Income Statement Location [Axis]: us-gaap:NonoperatingGainsLosses          
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]          
Net unrealized gains recognized in earnings 83,000 $ 68,700 900 $ 19,800  
Significant Unobservable Inputs (Level 3)          
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]          
Fixed maturity investments trading 311,464   311,464   154,115
Debt 99,300   99,300   99,200
Long-term debt 98,300   98,300   100,200
Significant Unobservable Inputs (Level 3) | Asset-backed          
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]          
Fixed maturity investments trading 91,767   91,767   39,859
Significant Unobservable Inputs (Level 3) | Asset-backed | Non-company unobservable input          
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]          
Fixed maturity investments trading 50,200   50,200   0
Significant Unobservable Inputs (Level 3) | Asset-backed | Discounted cash flow          
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]          
Fixed maturity investments trading 41,609   41,609   39,859
Significant Other Observable Inputs (Level 2)          
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]          
Fixed maturity investments trading 15,565,754   15,565,754   14,088,705
Debt 2,200,000   2,200,000   2,200,000
Long-term debt 2,300,000   2,300,000   2,300,000
Significant Other Observable Inputs (Level 2) | Asset-backed          
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]          
Fixed maturity investments trading $ 1,596,733   $ 1,596,733   $ 1,566,931