10. Other Comprehensive Income

The following tables present the accumulated balances for each classification of other comprehensive income (loss) for the three and six-month periods ended June 30, 2013 and 2012:

	Three months ended June 30, 2013
	Unrealized gains losses arising on fixed maturities, available-for- sale			Gains / losses on cash flow hedged			Future policy benefits, DAC and VOBA adjustments			Employee benefit plan adjustment			Total
Balances, April 1, 2013	$	885,393		$	40,068		$	(184,162	)	$	(122,795	)	$	618,504
Other comprehensive income (loss) before reclassifications	(382,650		)	(4,576		)	78,763			—			(308,463		)
Amounts reclassified from AOCI	3,747			(2,106		)	—			—			1,641
Net current period other comprehensive income (loss)	(378,903		)	(6,682		)	78,763			—			(306,822		)
Balances, June 30, 2013	$	506,490		$	33,386		$	(105,399	)	$	(122,795	)	$	311,682

	Three months ended June 30, 2012
	Unrealized gains losses arising on fixed maturities, available-for- sale			Gains / losses on cash flow hedged			Future policy benefits, DAC and VOBA adjustments			Employee benefit plan adjustment			Total
Balances, April 1, 2012	$	658,245		$	37,555		$	(131,784	)	$	(78,171	)	$	485,845
Other comprehensive income (loss) before reclassifications	112,011			7,530			(26,477		)	—			93,064
Amounts reclassified from AOCI	(15,703		)	(465		)	—			—			(16,168		)
Net current period other comprehensive income (loss)	96,308			7,065			(26,477		)	—			76,896
Balances, June 30, 2012	$	754,553		$	44,620		$	(158,261	)	$	(78,171	)	$	562,741

	Six months ended June 30, 2013
	Unrealized gains losses arising on fixed maturities, available-for- sale			Gains / losses on cash flow hedged			Future policy benefits, DAC and VOBA adjustments			Employee benefit plan adjustment			Total
Balances, January 1, 2013	$	927,678		$	24,962		$	(194,146	)	$	(122,795	)	$	635,699
Other comprehensive income (loss) before reclassifications	(409,418		)	10,990			88,747			—			(309,681		)
Amounts reclassified from AOCI	(11,770		)	(2,566		)	—			—			(14,336		)
Net current period other comprehensive income (loss)	(421,188		)	8,424			88,747			—			(324,017		)
Balances, June 30, 2013	$	506,490		$	33,386		$	(105,399	)	$	(122,795	)	$	311,682

	Six months ended June 30, 2012
	Unrealized gains losses arising on fixed maturities, available-for- sale			Gains / losses on cash flow hedged			Future policy benefits, DAC and VOBA adjustments			Employee benefit plan adjustment			Total
Balances, January 1, 2012	$	646,805		$	41,003		$	(139,655	)	$	(78,171	)	$	469,982
Other comprehensive income (loss) before reclassifications	134,588			4,575			(18,606		)	—			120,557
Amounts reclassified from AOCI	(26,840		)	(958		)	—			—			(27,798		)
Net current period other comprehensive income (loss)	107,748			3,617			(18,606		)	—			92,759
Balances, June 30, 2012	$	754,553		$	44,620		$	(158,261	)	$	(78,171	)	$	562,741

The following tables present the related tax effects allocated to each component of other comprehensive income (loss) for the three and six-month periods ended June 30, 2013 and 2012:

	Three months ended June 30, 2013
	Before-tax			Tax (expense)			Net-of-tax
	amount			benefit			amount
Unrealized gains (losses) arising during the year on fixed maturities, available-for-sale	$	(588,693	)	$	206,043		$	(382,650	)
Net changes during the year related to cash flow hedges	(7,040		)	2,464			(4,576		)
Reclassification adjustment for (gains) losses realized in net income	2,524			(883		)	1,641
Net unrealized gains (losses)	(593,209		)	207,624			(385,585		)
Future policy benefits, DAC, and VOBA adjustments	121,174			(42,411		)	78,763
Net unrealized gains (losses)	(472,035		)	165,213			(306,822		)
Other comprehensive income (loss)	$	(472,035	)	$	165,213		$	(306,822	)

	Three months ended June 30, 2012
	Before-tax			Tax (expense)			Net-of-tax
	amount			benefit			amount
Unrealized gains (losses) arising during the year on fixed maturities, available-for-sale	$	172,325		$	(60,314	)	$	112,011
Net changes during the year related to cash flow hedges	11,585			(4,055		)	7,530
Reclassification adjustment for (gains) losses realized in net income	(24,876		)	8,708			(16,168		)
Net unrealized gains (losses)	159,034			(55,661		)	103,373
Future policy benefits, DAC, and VOBA adjustments	(40,732		)	14,255			(26,477		)
Net unrealized gains (losses)	118,302			(41,406		)	76,896
Other comprehensive income (loss)	$	118,302		$	(41,406	)	$	76,896

	Six months ended June 30, 2013
	Before-tax			Tax (expense)			Net-of-tax
	amount			benefit			amount
Unrealized gains (losses) arising during the year on fixed maturities, available-for-sale	$	(629,873	)	$	220,455		$	(409,418	)
Net changes during the year related to cash flow hedges	16,908			(5,918		)	10,990
Reclassification adjustment for (gains) losses realized in net income	(22,056		)	7,720			(14,336		)
Net unrealized gains (losses)	(635,021		)	222,257			(412,764		)
Future policy benefits, DAC, and VOBA adjustments	136,532			(47,785		)	88,747
Net unrealized gains (losses)	(498,489		)	174,472			(324,017		)
Other comprehensive income (loss)	$	(498,489	)	$	174,472		$	(324,017	)

	Six months ended June 30, 2012
	Before-tax			Tax (expense)			Net-of-tax
	amount			benefit			amount
Unrealized gains (losses) arising during the year on fixed maturities, available-for-sale	$	207,058		$	(72,470	)	$	134,588
Net changes during the year related to cash flow hedges	7,039			(2,464		)	4,575
Reclassification adjustment for (gains) losses realized in net income	(42,767		)	14,969			(27,798		)
Net unrealized gains (losses)	171,330			(59,965		)	111,365
Future policy benefits, DAC, and VOBA adjustments	(28,624		)	10,018			(18,606		)
Net unrealized gains (losses)	142,706			(49,947		)	92,759
Other comprehensive income (loss)	$	142,706		$	(49,947	)	$	92,759

The following table presents the reclassifications out of accumulated other comprehensive income (loss) for the three and six-months ended June 30, 2013:

	Three months ended June 30, 2013
	Amount reclassified
	from accumulated
Details about accumulated other	other comprehensive			Affected line item in the statement
comprehensive income (loss) components	income (loss)			where net income is presented
Unrealized gains (losses) arising on fixed maturities available-for-sale	$	5,765		Other realized investment gains, net
	5,765			Total before tax
	2,018			Tax expense or benefit
	$	3,747		Net of tax

Gains / (losses) on cash flow hedges	$	(3,241	)	Net investment income
	(3,241		)	Total before tax
	(1,135		)	Tax expense or benefit
	$	(2,106	)	Net of tax

Total reclassification for the period	$	1,641		Net of tax

	Six months ended June 30, 2013
	Amount reclassified
	from accumulated
Details about accumulated other	other comprehensive			Affected line item in the statement
comprehensive income (loss) components	income (loss)			where net income is presented
Unrealized gains (losses) arising on fixed maturities available-for-sale	$	(18,108	)	Other realized investment gains, net
	(18,108		)	Total before tax
	(6,338		)	Tax expense or benefit
	$	(11,770	)	Net of tax

Gains / (losses) on cash flow hedges	$	(3,948	)	Net investment income
	(3,948		)	Total before tax
	(1,382		)	Tax expense or benefit
	$	(2,566	)	Net of tax

Total reclassification for the period	$	(14,336	)	Net of tax