OTHER COMPREHENSIVE INCOME (LOSS)

9 Months Ended

Sep. 30, 2023

The following table presents the tax effects allocated to each component of other comprehensive income (loss):


	2023						2022
	Before tax amount		Income tax (expense) benefit		Net of tax amount		Before tax amount		Income tax (expense) benefit		Net of tax amount

Three months ended September 30,
Available for sale investments:
Unrealized gains (losses) arising during the period for which an allowance for expected credit losses has not been recognized	$	(178,537)	$	22,486	$	(156,051)	$	(393,848)	$	(32)	$	(393,880)
Unrealized gains (losses) arising during the period for which an allowance for expected credit losses has been recognized	(5,647)		700		(4,947)		(10,990)		306		(10,684)
Adjustment for reclassification of net realized (gains) losses and impairment losses recognized in net income (loss)	26,241		(3,223)		23,018		108,351		(9,572)		98,779
Unrealized gains (losses) arising during the period, net of reclassification adjustment	(157,943)		19,963		(137,980)		(296,487)		(9,298)		(305,785)

Foreign currency translation adjustment	(6,950)		—		(6,950)		(12,751)		—		(12,751)


Total other comprehensive income (loss), net of tax	$	(164,893)	$	19,963	$	(144,930)	$	(309,238)	$	(9,298)	$	(318,536)
Nine months ended September 30,
Available for sale investments:
Unrealized gains (losses) arising during the period for which an allowance for expected credit losses has not been recognized	$	(126,805)	$	17,210	$	(109,595)	$	(1,340,927)	$	81,445	$	(1,259,482)
Unrealized gains (losses) arising during the period for which an allowance for expected credit losses has been recognized	(1,622)		(8)		(1,630)		(56,577)		3,269		(53,308)
Adjustment for reclassification of net realized (gains) losses and impairment losses recognized in net income (loss)	110,518		(10,130)		100,388		255,081		(25,308)		229,773
Unrealized gains (losses) arising during the period, net of reclassification adjustment	(17,909)		7,072		(10,837)		(1,142,423)		59,406		(1,083,017)

Foreign currency translation adjustment	(4,302)		—		(4,302)		(16,169)		—		(16,169)


Total other comprehensive income (loss), net of tax	$	(22,211)	$	7,072	$	(15,139)	$	(1,158,592)	$	59,406	$	(1,099,186)

The following table presents details of amounts reclassified from accumulated other comprehensive income (loss) ("AOCI") to net income (loss):


		Amount reclassified from AOCI(1)
AOCI Components	Consolidated statement of operations line item that includes reclassification adjustment	Three months ended September 30,				Nine months ended September 30,
		2023		2022		2023		2022

Unrealized gains (losses) on available for sale investments
	Other realized gains (losses)	$	(26,200)	$	(101,860)	$	(101,394)	$	(248,007)
	Impairment losses	(41)		(6,491)		(9,124)		(7,074)

	Total before tax	(26,241)		(108,351)		(110,518)		(255,081)
	Income tax (expense) benefit	3,223		9,572		10,130		25,308
	Net of tax	$	(23,018)	$	(98,779)	$	(100,388)	$	(229,773)

(1) Amounts in parentheses are charges to net income (loss).