Other Comprehensive Income (Loss)

9 Months Ended

Sep. 30, 2021

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	2021		2020		2021		2020

Unrealized appreciation on available-for-sale investments
	Net realized gains (losses)	$	68,373	$	87,871	$	135,291	$	416,432
	Provision for credit losses	(457)		1,333		(1,208)		(4,762)
	Other-than-temporary impairment losses	—		—		—		(533)
	Total before tax	67,916		89,204		134,083		411,137
	Income tax (expense) benefit	(5,262)		(9,401)		(13,579)		(42,714)
	Net of tax	$	62,654	$	79,803	$	120,504	$	368,423


	Before Tax Amount		Tax Expense (Benefit)		Net of Tax Amount
Three Months Ended September 30, 2021
Unrealized appreciation (decline) in value of investments:
Unrealized holding gains (losses) arising during period	$	(104,607)	$	(8,684)	$	(95,923)

Less reclassification of net realized gains (losses) included in net income	67,916		5,262		62,654
Foreign currency translation adjustments	(32,060)		(350)		(31,710)
Other comprehensive income (loss)	$	(204,583)	$	(14,296)	$	(190,287)

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

Nine Months Ended September 30, 2021
Unrealized appreciation (decline) in value of investments:
Unrealized holding gains (losses) arising during period	$	(307,910)	$	(28,808)	$	(279,102)

Less reclassification of net realized gains (losses) included in net income	134,083		13,579		120,504
Foreign currency translation adjustments	(54,083)		6		(54,089)
Other comprehensive income (loss)	$	(496,076)	$	(42,381)	$	(453,695)

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