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Equity (Tables)
 9 Months Ended
Sep. 30, 2019
Stockholders' Equity Note [Abstract]  
Schedule of Stock by Class [Table Text Block]
The changes in the number of common stock issued, held in treasury and outstanding are as follows for the periods indicated:
 
 
Issued
 
Held In Treasury
 
Outstanding
Balance, December 31, 2018
 
79,137,758

 
16,323,390

 
62,814,368

Common stock acquired
 
—

 
546,614

 
(546,614
)
Stock-based compensation (1)
 
—

 
(341,447
)
 
341,447

Balance, September 30, 2019
 
79,137,758

 
16,528,557

 
62,609,201

 
 
Issued
 
Held In Treasury
 
Outstanding
Balance, December 31, 2017
 
79,137,758

 
14,685,663

 
64,452,095

Common stock acquired
 
—

 
1,750,295

 
(1,750,295
)
Stock-based compensation (1)
 
—

 
(249,068
)
 
249,068

Balance, September 30, 2018
 
79,137,758

 
16,186,890

 
62,950,868

(1)
Represents net shares issued from treasury pursuant to the Company’s equity-based compensation programs.
Components of Accumulated Other Comprehensive Income
The balance of and changes in each component of accumulated other comprehensive income (loss) (“AOCI”) for the nine months ended September 30, 2019 and 2018 are as follows (dollars in thousands):
 
 
Accumulated
Currency
Translation
Adjustments
 
Unrealized
Appreciation
(Depreciation)
of Investments(1)
 
Pension and
Postretirement
Benefits
 
Total
Balance, December 31, 2018
 
$
(168,698
)
 
$
856,159

 
$
(50,698
)
 
$
636,763

Other comprehensive income (loss) before reclassifications
 
16,155

 
3,526,151

 
(11,735
)
 
3,530,571

Amounts reclassified to (from) AOCI
 
—

 
(170,531
)
 
3,728

 
(166,803
)
Deferred income tax benefit (expense)
 
(4,631
)
 
(739,230
)
 
1,676

 
(742,185
)
Balance, September 30, 2019
 
$
(157,174
)
 
$
3,472,549

 
$
(57,029
)
 
$
3,258,346

 
 
Accumulated
Currency
Translation
Adjustments
 
Unrealized
Appreciation
(Depreciation)
of Investments(1)
 
Pension and
Postretirement
Benefits
 
Total
Balance, December 31, 2017
 
$
(86,350
)
 
$
2,200,661

 
$
(50,680
)
 
$
2,063,631

Other comprehensive income (loss) before reclassifications
 
(24,977
)
 
(1,638,146
)
 
(3,391
)
 
(1,666,514
)
Amounts reclassified to (from) AOCI
 
—

 
79,505

 
3,986

 
83,491

Deferred income tax benefit (expense)
 
(5,398
)
 
340,332

 
(164
)
 
334,770

Adoption of new accounting standard
 
(2,573
)
 
—

 
—

 
(2,573
)
Balance, September 30, 2018
 
$
(119,298
)
 
$
982,352

 
$
(50,249
)
 
$
812,805

(1)
Includes cash flow hedges of $(47,202) and $8,788 as of September 30, 2019 and December 31, 2018, respectively, and $29,043 and $2,619 as of September 30, 2018 and December 31, 2017, respectively. See Note 5 - “Derivative Instruments” for additional information on cash flow hedges.
Reclassification Out Of Accumulated Other Comprehensive Income
The following table presents the amounts of AOCI reclassifications for the three and nine months ended September 30, 2019 and 2018 (dollars in thousands):
 
 
Amount Reclassified from AOCI
 
 
 
 
Three months ended September 30,
 
Nine months ended September 30,
 
 
Details about AOCI Components
 
2019
 
2018
 
2019
 
2018
 
Affected Line Item in 
Statements of Income
Net unrealized investment gains (losses):
 
 
 
 
 
 
 
 
 
 
Net unrealized gains (losses) on available-for-sale securities
 
$
50,537

 
$
(21,249
)
 
$
70,513

 
$
(60,347
)
 
Investment related gains (losses), net
Cash flow hedges - Interest rate
 
255

 
234

 
1,107

 
(108
)
 
(1)
Cash flow hedges - Currency/Interest rate
 
(38
)
 
50

 
(19
)
 
270

 
(1)
Deferred policy acquisition costs attributed to unrealized gains and losses
 
21,275

 
(4,893
)
 
98,930

 
(19,320
)
 
(2)
Total
 
72,029

 
(25,858
)
 
170,531

 
(79,505
)
 
 
Provision for income taxes
 
(14,808
)
 
5,355

 
(35,087
)
 
16,978

 
 
Net unrealized gains (losses), net of tax
 
$
57,221

 
$
(20,503
)
 
$
135,444

 
$
(62,527
)
 
 
Amortization of defined benefit plan items:
 
 
 
 
 
 
 
 
 
 
Prior service cost (credit)
 
$
267

 
$
246

 
$
804

 
$
739

 
(3)
Actuarial gains/(losses)
 
(1,102
)
 
(1,866
)
 
(4,532
)
 
(4,725
)
 
(3)
Total
 
(835
)
 
(1,620
)
 
(3,728
)
 
(3,986
)
 
 
Provision for income taxes
 
175

 
340

 
783

 
837

 
 
Amortization of defined benefit plans, net of tax
 
$
(660
)
 
$
(1,280
)
 
$
(2,945
)
 
$
(3,149
)
 
 
 
 
 
 
 
 
 
 
 
 
 
Total reclassifications for the period
 
$
56,561

 
$
(21,783
)
 
$
132,499

 
$
(65,676
)
 
 
(1)
See Note 5 - “Derivative Instruments” for additional information on cash flow hedges.
(2)
This AOCI component is included in the computation of the deferred policy acquisition cost. See Note 8 – “Deferred Policy Acquisition Costs” of the 2018 Annual Report for additional details.
(3)
This AOCI component is included in the computation of the net periodic pension cost. See Note 10 – “Employee Benefit Plans” for additional details.