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Consolidated Statements of Comprehensive Income (Loss)
 6 Months Ended
Jun. 30, 2025
Equity [Abstract]  
Consolidated Statements of Comprehensive Income (Loss) Consolidated Statements of Comprehensive Income (Loss)
    The following table presents the components of the changes in accumulated other comprehensive income (loss) ("AOCI"):

(In thousands)Unrealized Investment Gains (Losses)Currency Translation AdjustmentsAccumulated Other Comprehensive
Income (Loss)
As of and for the six months ended June 30, 2025
Changes in AOCI
Beginning of period$(517,170)$(417,099)$(934,269)
Other comprehensive income before reclassifications242,620 93,348 335,968 
Amounts reclassified from AOCI25,918 — 25,918 
Other comprehensive income268,538 93,348 361,886 
Unrealized investment loss related to noncontrolling interest(1)— (1)
End of period$(248,633)$(323,751)$(572,384)
Amounts reclassified from AOCI
Pre-tax$32,808 (1)$— $32,808 
Tax effect (6,890)(2)— (6,890)
After-tax amounts reclassified$25,918 $— $25,918 
Other comprehensive income
Pre-tax$343,713 $93,348 $437,061 
Tax effect(75,175)— (75,175)
Other comprehensive income$268,538 $93,348 $361,886 
As of and for the three months ended June 30, 2025
Changes in AOCI
Beginning of period$(368,898)$(393,169)$(762,067)
Other comprehensive income before reclassifications98,518 69,418 167,936 
Amounts reclassified from AOCI21,747 — 21,747 
Other comprehensive income120,265 69,418 189,683 
Unrealized investment loss related to noncontrolling interest— — — 
Ending balance$(248,633)$(323,751)$(572,384)
Amounts reclassified from AOCI
Pre-tax$27,528 (1)$— $27,528 
Tax effect (5,781)(2)— (5,781)
After-tax amounts reclassified$21,747 $— $21,747 
Other comprehensive income
Pre-tax$157,858 $69,418 $227,276 
Tax effect(37,593)— (37,593)
Other comprehensive income$120,265 $69,418 $189,683 
(In thousands)Unrealized Investment (Losses) GainsCurrency Translation AdjustmentsAccumulated Other Comprehensive
(Loss) Income
As of and for the six months ended June 30, 2024
Changes in AOCI
Beginning of period$(586,354)$(339,484)$(925,838)
Other comprehensive loss before reclassifications(156,023)(24,343)(180,366)
Amounts reclassified from AOCI72,563 — 72,563 
Other comprehensive loss(83,460)(24,343)(107,803)
Unrealized investment gain related to noncontrolling interest1 — 1 
End of period$(669,813)$(363,827)$(1,033,640)
Amounts reclassified from AOCI
Pre-tax$91,852 (1)$— $91,852 
Tax effect (19,289)(2)— (19,289)
After-tax amounts reclassified$72,563 $— $72,563 
Other comprehensive loss
Pre-tax$(109,937)$(24,343)$(134,280)
Tax effect26,477 — 26,477 
Other comprehensive loss$(83,460)$(24,343)$(107,803)
As of and for the three months ended June 30, 2024
Changes in AOCI
Beginning of period$(656,476)$(367,054)$(1,023,530)
Other comprehensive (loss) income before reclassifications(54,711)3,227 (51,484)
Amounts reclassified from AOCI41,373 — 41,373 
Other comprehensive (loss) income(13,338)3,227 (10,111)
Unrealized investment gain related to noncontrolling interest1 — 1 
Ending balance$(669,813)$(363,827)$(1,033,640)
Amounts reclassified from AOCI
Pre-tax$52,371 (1)$— $52,371 
Tax effect (10,998)(2)— (10,998)
After-tax amounts reclassified$41,373 $— $41,373 
Other comprehensive (loss) income
Pre-tax$(20,640)$3,227 $(17,413)
Tax effect7,302 — 7,302 
Other comprehensive (loss) income$(13,338)$3,227 $(10,111)
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(1) Net investment gains in the consolidated statements of income.
(2) Income tax expense in the consolidated statements of income.