v3.26.1
RESERVE FOR CLAIMS AND CLAIM EXPENSES - Schedule of Liability for Unpaid Claims and Claim Expenses (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
Liability for Unpaid Claims and Claims Adjustment Expense [Roll Forward]          
Reserve for claims and claim expenses, net of reinsurance recoverable, beginning of period     $ 18,402,432 $ 16,822,101  
Net incurred related to:          
Current year $ 1,141,803 $ 1,311,833 2,287,789 4,251,465  
Prior years (199,425) (269,710) (361,440) (465,584)  
Total net incurred 942,378 1,042,123 1,926,349 3,785,881  
Net paid related to:          
Current year     110,465 678,357  
Prior years     1,784,294 1,598,704  
Total net paid     1,894,759 2,277,061  
Foreign exchange and other     (28,374) 281,869  
Reserve for claims and claim expenses, net of reinsurance recoverable, end of period 18,405,648 18,612,790 18,405,648 18,612,790  
Reinsurance recoverable, end of period 3,863,486 4,300,973 3,863,486 4,300,973 $ 3,899,913
Reserve for claims and claim expenses, end of period $ 22,269,134 $ 22,913,763 $ 22,269,134 $ 22,913,763