XML 28 R19.htm IDEA: XBRL DOCUMENT v3.19.3
Other Comprehensive Income (Loss)
 9 Months Ended
Sep. 30, 2019
Comprehensive Income Note Disclosure [Abstract]  
Other Comprehensive Income (Loss) Other Comprehensive Income (Loss)

The following tables present details about amounts reclassified from accumulated other comprehensive income and the tax effects allocated to each component of other comprehensive income (loss):
 
 
 
 
Amounts Reclassified from AOCI
 
 
Consolidated Statement of Income
 
Three Months Ended
 
Nine Months Ended
Details About
 
Line Item That Includes
 
September 30,
 
September 30,
AOCI Components
 
Reclassification
 
2019
 
2018
 
2019
 
2018
 
 
 
 
 
 
 
 
 
 
 
Unrealized appreciation on available-for-sale investments
 
 
 
 
 
 
 
 
 
 
Net realized gains (losses)
 
$
43,124

 
$
(23,888
)
 
$
114,642

 
$
(130,409
)
 
 
Other-than-temporary impairment losses
 
(1,163
)
 
(492
)
 
(2,521
)
 
(1,124
)
 
 
Total before tax
 
41,961

 
(24,380
)
 
112,121

 
(131,533
)
 
 
Income tax (expense) benefit
 
(3,218
)
 
1,177

 
(7,812
)
 
9,226

 
 
Net of tax
 
$
38,743

 
$
(23,203
)
 
$
104,309

 
$
(122,307
)

 
Before Tax Amount
 
Tax Expense (Benefit)
 
Net of Tax Amount
Three Months Ended September 30, 2019
 
 
 
 
 
Unrealized appreciation (decline) in value of investments:
 
 
 
 
 
Unrealized holding gains (losses) arising during period
$
70,449

 
$
11,159

 
$
59,290

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

 
—

 
—

Less reclassification of net realized gains (losses) included in net income
41,961

 
3,218

 
38,743

Foreign currency translation adjustments
(16,507
)
 
(83
)
 
(16,424
)
Other comprehensive income (loss)
$
11,981

 
$
7,858

 
$
4,123

 
 
 
 
 
 
Three Months Ended September 30, 2018
 
 
 
 
 
Unrealized appreciation (decline) in value of investments:
 
 
 
 
 
Unrealized holding gains (losses) arising during period
$
(57,812
)
 
$
(4,504
)
 
$
(53,308
)
Portion of other-than-temporary impairment losses recognized in other comprehensive income (loss)
—

 
—

 
—

Less reclassification of net realized gains (losses) included in net income
(24,380
)
 
(1,177
)
 
(23,203
)
Foreign currency translation adjustments
2,167

 
104

 
2,063

Other comprehensive income (loss)
$
(31,265
)
 
$
(3,223
)
 
$
(28,042
)
 
 
 
 
 
 
Nine Months Ended September 30, 2019
 
 
 
 
 
Unrealized appreciation (decline) in value of investments:
 
 
 
 
 
Unrealized holding gains (losses) arising during period
$
573,513

 
$
65,863

 
$
507,650

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

 
—

 
—

Less reclassification of net realized gains (losses) included in net income
112,121

 
7,812

 
104,309

Foreign currency translation adjustments
(6,454
)
 
187

 
(6,641
)
Other comprehensive income (loss)
$
454,938

 
$
58,238

 
$
396,700

 
 
 
 
 
 
Nine Months Ended September 30, 2018
 
 
 
 
 
Unrealized appreciation (decline) in value of investments:
 
 
 
 
 
Unrealized holding gains (losses) arising during period
$
(335,789
)
 
$
(30,533
)
 
$
(305,256
)
Portion of other-than-temporary impairment losses recognized in other comprehensive income (loss)
—

 
—

 
—

Less reclassification of net realized gains (losses) included in net income
(131,533
)
 
(9,226
)
 
(122,307
)
Foreign currency translation adjustments
(9,102
)
 
148

 
(9,250
)
Other comprehensive income (loss)
$
(213,358
)
 
$
(21,159
)
 
$
(192,199
)