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Other Comprehensive Income (Loss) (Tables)
3 Months Ended
Mar. 31, 2014
Comprehensive Income Note Disclosure [Abstract]  
Details about amounts reclassified from AOCI
The following table presents details about amounts reclassified from accumulated other comprehensive income:
 
 
 
 
Amounts Reclassed from AOCI
 
 
Consolidated Statement of Income
 
Three Months Ended
 
 
Line Item That Includes
 
March 31,
Details About AOCI Components
 
Reclassification
 
2014
 
2013
 
 
 
 
 
 
 
Unrealized appreciation on available-for-sale investments
 
 
 
 
 
 
 
 
Net realized gains
 
$
26,038

 
$
44,367

 
 
Other-than-temporary impairment losses
 
(2,971
)
 
(2,248
)
 
 
Total before tax
 
23,067

 
42,119

 
 
Income tax expense
 
(1,818
)
 
(3,418
)
 
 
Net of tax
 
$
21,249

 
$
38,701

Schedule of comprehensive income (loss)
The following table presents the tax effects allocated to each component of other comprehensive income (loss):
 
Before Tax Amount
 
Tax Expense (Benefit)
 
Net of Tax Amount
Three Months Ended March 31, 2014
 
 
 
 
 
Unrealized appreciation (decline) in value of investments:
 
 
 
 
 
Unrealized holding gains (losses) arising during period
$
75,400

 
$
4,047

 
$
71,353

Portion of other-than-temporary impairment losses recognized in other comprehensive income (loss)

 

 

Less reclassification of net realized gains included in net income
23,067

 
1,818

 
21,249

Foreign currency translation adjustments
(1,349
)
 

 
(1,349
)
Other comprehensive income (loss)
$
50,984

 
$
2,229

 
$
48,755

 
 
 
 
 
 
Three Months Ended March 31, 2013
 
 
 
 
 
Unrealized appreciation (decline) in value of investments:
 
 
 
 
 
Unrealized holding gains (losses) arising during period
$
10,347

 
$
876

 
$
9,471

Portion of other-than-temporary impairment losses recognized in other comprehensive income (loss)
(2
)
 

 
(2
)
Less reclassification of net realized gains included in net income
42,119

 
3,418

 
38,701

Foreign currency translation adjustments
(28,222
)
 

 
(28,222
)
Other comprehensive income (loss)
$
(59,996
)
 
$
(2,542
)
 
$
(57,454
)