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OTHER COMPREHENSIVE INCOME (LOSS)
 3 Months Ended
Mar. 31, 2025
Equity [Abstract]  
OTHER COMPREHENSIVE INCOME (LOSS) OTHER COMPREHENSIVE INCOME (LOSS)
The following table presents the tax effects allocated to each component of other comprehensive income (loss):
20252024
Before tax amountIncome tax (expense) benefitNet of tax amountBefore tax amountIncome tax (expense) benefitNet of tax amount
Three months ended March 31,
Available for sale investments:
Unrealized gains (losses) arising during the period for which an allowance for expected credit losses has not been recognized $101,007 $(13,949)$87,058 $(76,408)$16,349 $(60,059)
Unrealized gains (losses) arising during the period for which an allowance for expected credit losses has been recognized 243 (51)192 (434)16 (418)
Adjustment for reclassification of net realized (gains) losses and impairment losses recognized in net income (loss)
34,310 (6,223)28,087 24,879 (1,464)23,415 
Unrealized gains (losses) arising during the period, net of reclassification adjustment
135,560 (20,223)115,337 (51,963)14,901 (37,062)
Foreign currency translation adjustment(156)— (156)(8,951)— (8,951)
Total other comprehensive income (loss), net of tax
$135,404 $(20,223)$115,181 $(60,914)$14,901 $(46,013)

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 ComponentsConsolidated statement of operations line item that includes reclassification adjustmentThree months ended March 31,
20252024
Unrealized gains (losses) on available for sale investments
Other realized and unrealized investment gains (losses)
$(32,384)$(24,871)
Impairment losses(1,926)(8)
Total before tax(34,310)(24,879)
Income tax (expense) benefit6,223 1,464 
Net of tax$(28,087)$(23,415)
(1)     Amounts in parentheses are charges to net income (loss).