Accumulated Other Comprehensive Income (Loss) (Tables)

6 Months Ended

Jun. 30, 2019

Equity [Abstract]

Components of Other Comprehensive Income

The components of and changes in the accumulated other comprehensive income (“AOCI”), and the related tax effects, are shown below (in thousands):

	Net Unrealized Gains (Losses) on Securities			Defined Benefit Pension Plan Adjustments			Foreign Currency Adjustments			Accumulated Other Comprehensive Income (Loss)
Beginning balance at January 1, 2019	$	(42,469	)	$	(54,236	)	$	(3,033	)	$	(99,738	)
Amounts reclassified from AOCI (net of tax expense $565 and $774)	2,126			2,911			—			5,037
Unrealized holding gains arising during the period (net of tax expense $58,322)	219,402			—			—			219,402
Unrealized adjustment to DAC (net of tax benefit $7,320)	(27,533		)	—			—			(27,533		)
Unrealized gains on investments attributable to participating policyholders’ interest (net of tax benefit $2,690)	(10,121		)	—			—			(10,121		)
Foreign currency adjustment (net of tax expense $157)	—			—			590			590
Cumulative effect of changes in accounting	16,166			(16,493		)	(458		)	(785		)
Ending balance at June 30, 2019	$	157,571		$	(67,818	)	$	(2,901	)	$	86,852
Beginning balance at January 1, 2018	$	716,878		$	(72,772	)	$	(1,890	)	$	642,216
Amounts reclassified from AOCI (net of tax benefit $462 and expense $635)	(1,740		)	2,390			—			650
Unrealized holding losses arising during the period (net of tax benefit $39,660)	(168,551		)	—			—			(168,551		)
Unrealized adjustment to DAC (net of tax expense $8,812)	33,150			—			—			33,150
Unrealized losses on investments attributable to participating policyholders’ interest (net of tax expense $2,504)	9,420			—			—			9,420
Foreign currency adjustment (net of tax benefit $133)	—			—			(500		)	(500		)
Cumulative effect of changes in accounting (net of tax benefit $334,955)	(627,119		)	—			—			(627,119		)
Ending balance at June 30, 2018	$	(37,962	)	$	(70,382	)	$	(2,390	)	$	(110,734	)