Other Comprehensive (Loss) Income (Tables)

3 Months Ended

Mar. 31, 2022

Other Comprehensive Income (Loss), Net of Tax [Abstract]

Comprehensive Income (Loss)

The following table summarizes the components of other comprehensive loss for the three months ended March 31, 2022 and 2021:

	Three Months Ended March 31,
	2022		2021
	(in thousands)
Unrealized losses on fixed-maturity securities arising during the period, before income taxes	$	(80,485)	$	(23,650)
Income tax benefit	16,902		4,966
Unrealized losses arising during the period, net of income taxes	(63,583)		(18,684)
Less reclassification adjustment:
Net realized gains on fixed-maturity securities, before income taxes	439		1,188
Income tax expense	(92)		(250)
Reclassification adjustment included in net income, net of income taxes	347		938
Other comprehensive loss	$	(63,930)	$	(19,622)