Other Comprehensive Income (Loss)

9 Months Ended

Sep. 30, 2020

Comprehensive Income Note Disclosure [Abstract]

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	2020		2019		2020		2019

Unrealized appreciation on available-for-sale investments
	Net realized gains (losses)	$	87,871	$	43,124	$	416,432	$	114,642
	Provision for credit losses	1,333				(4,762)
	Other-than-temporary impairment losses	—		(1,163)		(533)		(2,521)
	Total before tax	89,204		41,961		411,137		112,121
	Income tax (expense) benefit	(9,401)		(3,218)		(42,714)		(7,812)
	Net of tax	$	79,803	$	38,743	$	368,423	$	104,309


	Before Tax Amount		Tax Expense (Benefit)		Net of Tax Amount
Three Months Ended September 30, 2020
Unrealized appreciation (decline) in value of investments:
Unrealized holding gains (losses) arising during period	$	119,265	$	8,483	$	110,782

Less reclassification of net realized gains (losses) included in net income	89,204		9,401		79,803
Foreign currency translation adjustments	16,918		209		16,709
Other comprehensive income (loss)	$	46,979	$	(709)	$	47,688

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

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

Nine Months Ended September 30, 2020
Unrealized appreciation (decline) in value of investments:
Unrealized holding gains (losses) arising during period	$	611,390	$	65,099	$	546,291

Less reclassification of net realized gains (losses) included in net income	411,137		42,714		368,423
Foreign currency translation adjustments	(5,911)		(182)		(5,729)
Other comprehensive income (loss)	$	194,342	$	22,203	$	172,139

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

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