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Other Comprehensive Income (Loss)
 12 Months Ended
Dec. 31, 2025
Other Comprehensive Income (Loss), Net of Tax [Abstract]  
Other Comprehensive Income (Loss) Other Comprehensive Income (Loss)
The following table summarizes the components of other comprehensive income (loss):
Year Ended December 31,
202520242023
(in thousands)
Unrealized gains (losses) arising during the period, before U.S. income taxes$44,702 $(9,222)$105,368 
U.S. income taxes(9,387)1,937 (6,313)
Unrealized gains (losses) arising during the period, net of U.S. income taxes35,315 (7,285)99,055 
Less reclassification adjustment:
Net realized investment gains (losses)74 (1,278)(339)
U.S. income taxes(15)269 71 
Reclassification adjustment for investment gains (losses) realized in net income59 (1,009)(268)
Other comprehensive income (loss)$35,256 $(6,276)$99,323 
In addition to the net realized investment gains (losses) on available-for-sale fixed maturities disclosed above, the Company also recognized net realized and unrealized investment gains (losses) on its investments in bank loan participations and equity securities in the respective periods. Refer to Note 3 for disclosure of these amounts.