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Other Comprehensive Income (Loss)
6 Months Ended
Jun. 30, 2020
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
 
Six Months Ended
Details About
 
Line Item That Includes
 
June 30,
 
June 30,
AOCI Components
 
Reclassification
 
2020
 
2019
 
2020
 
2019
 
 
 
 
 
 
 
 
 
 
 
Unrealized appreciation on available-for-sale investments
 
 
 
 
 
 
 
 
 
 
Net realized gains (losses)
 
$
182,329

 
$
59,809

 
$
328,561

 
$
71,518

 
 
Provision for credit losses
 
3,225

 


 
(6,095
)
 

 
 
Other-than-temporary impairment losses
 

 
(49
)
 
(533
)
 
(1,358
)
 
 
Total before tax
 
185,554

 
59,760

 
321,933

 
70,160

 
 
Income tax (expense) benefit
 
(18,163
)
 
(4,415
)
 
(33,313
)
 
(4,594
)
 
 
Net of tax
 
$
167,391

 
$
55,345

 
$
288,620

 
$
65,566


 
Before Tax Amount
 
Tax Expense (Benefit)
 
Net of Tax Amount
Three Months Ended June 30, 2020
 
 
 
 
 
Unrealized appreciation (decline) in value of investments:
 
 
 
 
 
Unrealized holding gains (losses) arising during period
$
555,576

 
$
62,780

 
$
492,796

Less reclassification of net realized gains (losses) included in net income
185,554

 
18,163

 
167,391

Foreign currency translation adjustments
22,595

 
344

 
22,251

Other comprehensive income (loss)
$
392,617

 
$
44,961

 
$
347,656

 
 
 
 
 
 
Three Months Ended June 30, 2019
 
 
 
 
 
Unrealized appreciation (decline) in value of investments:
 
 
 
 
 
Unrealized holding gains (losses) arising during period
$
248,074

 
$
25,601

 
$
222,473

Less reclassification of net realized gains (losses) included in net income
59,760

 
4,415

 
55,345

Foreign currency translation adjustments
4,409

 
142

 
4,267

Other comprehensive income (loss)
$
192,723

 
$
21,328

 
$
171,395

 
 
 
 
 
 
Six Months Ended June 30, 2020
 
 
 
 
 
Unrealized appreciation (decline) in value of investments:
 
 
 
 
 
Unrealized holding gains (losses) arising during period
$
492,125

 
$
56,616

 
$
435,509

Less reclassification of net realized gains (losses) included in net income
321,933

 
33,313

 
288,620

Foreign currency translation adjustments
(22,829
)
 
(391
)
 
(22,438
)
Other comprehensive income (loss)
$
147,363

 
$
22,912

 
$
124,451

 
 
 
 
 
 
Six Months Ended June 30, 2019
 
 
 
 
 
Unrealized appreciation (decline) in value of investments:
 
 
 
 
 
Unrealized holding gains (losses) arising during period
$
503,064

 
$
54,704

 
$
448,360

Less reclassification of net realized gains (losses) included in net income
70,160

 
4,594

 
65,566

Foreign currency translation adjustments
10,053

 
270

 
9,783

Other comprehensive income (loss)
$
442,957

 
$
50,380

 
$
392,577