Accumulated Other Comprehensive Income (Loss)

12 Months Ended

Dec. 31, 2019

Accumulated Other Comprehensive Income (Loss)

Accumulated Other Comprehensive Income (Loss)

9. Accumulated Other Comprehensive Income (Loss)

The following table summarizes the components of AOCI:

($ in thousands)	Gross		Tax		Net
December 31, 2016	$	30,630	$	1,148	$	29,482
Unrealized holding gains (losses) on fixed income securities		3,517		4,874		(1,357)
Cumulative translation adjustment		6,881		—		6,881
Amounts reclassified into net loss		18,763		1,471		17,292
Other comprehensive (loss) income		(8,365)		3,403		(11,768)
Reclassification of stranded deferred taxes		—		(1,583)		1,583
December 31, 2017		22,265		2,968		19,297
Unrealized holding losses on fixed income securities		(53,582)		(10,842)		(42,740)
Amounts reclassified into net income		(1,557)		(429)		(1,128)
Other comprehensive loss		(52,025)		(10,413)		(41,612)
December 31, 2018		(29,760)		(7,445)		(22,315)
Unrealized holding gains on fixed income securities		77,920		16,277		61,643
Amounts reclassified into net income		2,037		162		1,875
Other comprehensive income		75,883		16,115		59,768
December 31, 2019	$	46,123	$	8,670	$	37,453

The following table presents reclassifications out of AOCI attributable to the Company during 2019, 2018 and 2017:

	Line in Consolidated
($ in thousands)	Statements of Operations	2019		2018		2017
AOCI
Unrealized gains on securities	Realized investment gains (losses), net	$	2,037	$	(1,557)	$	18,763
	Income tax expense (benefit)		162		(429)		1,471
Total reclassifications		$	1,875	$	(1,128)	$	17,292