XML 31 R30.htm IDEA: XBRL DOCUMENT v3.20.1
Accumulated Other Comprehensive (Loss) Income (Tables)
3 Months Ended
Mar. 31, 2020
Accumulated Other Comprehensive (Loss) Income [Abstract]  
Summary of the components of accumulated other comprehensive (loss) income

 

 

 

 

 

 

 

 

 

 

 

 

    

 

 

    

 

 

    

 

 

($ in thousands)

 

Gross

 

Tax

 

Net

December 31, 2019

 

$

46,123

 

$

8,670

 

$

37,453

Unrealized holding losses on fixed maturity securities

 

 

(77,066)

 

 

(16,102)

 

 

(60,964)

Amounts reclassified into net income

 

 

942

 

 

136

 

 

806

Amounts reclassified as credit losses

 

 

(416)

 

 

(87)

 

 

(329)

Other comprehensive loss

 

 

(77,592)

 

 

(16,151)

 

 

(61,441)

March 31, 2020

 

$

(31,469)

 

$

(7,481)

 

$

(23,988)

 

 

 

 

 

 

 

 

 

 

 

 

 

  

 

 

  

 

  

  

 

($ in thousands)

    

Gross

    

Tax

    

Net

December 31, 2018

 

$

(29,760)

 

$

(7,445)

 

$

(22,315)

Unrealized holding gains on fixed maturity securities

 

 

34,803

 

 

7,241

 

 

27,562

Amounts reclassified into net income

 

 

(214)

 

 

(24)

 

 

(190)

Other comprehensive income

 

 

35,017

 

 

7,265

 

 

27,752

March 31, 2019

 

$

5,257

 

$

(180)

 

$

5,437

 

Summary of reclassifications out of accumulated other comprehensive (loss) income

 

 

 

 

 

 

 

 

 

 

 

Line in Consolidated

 

Three Months Ended March 31 

($ in thousands)

    

Statements of Operations

    

2020

    

2019

AOCI

 

  

 

 

 

 

 

  

Unrealized gains (losses) on securities

 

Realized investment gains, net

 

$

942

 

$

(214)

 

 

Income tax expense

 

 

136

 

 

(24)

Reclassification adjustment for credit losses included in net income

 

Realized investment losses, net

 

 

(416)

 

 

 —

 

 

Income tax expense

 

 

(87)

 

 

 —

Total reclassifications

 

 

 

$

477

 

$

(190)