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Consolidated Statements of Comprehensive Income (Tables) | 9 Months Ended
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Sep. 30, 2022
Equity [Abstract] |
Components of changes in accumulated other comprehensive income (loss) | The following table presents the components of the changes in accumulated other comprehensive (loss) income ("AOCI"):
(In thousands) | Unrealized Investment (Losses) Gains |  | Currency Translation Adjustments |  |  | Accumulated Other Comprehensive (Loss) Income
As of and for the nine months ended September 30, 2022 |  |  |  |  |
Changes in AOCI |  |  |  |  |
Beginning of period | $ | 90,900 |  |  | $ | (372,855) |  |  |  | $ | (281,955) |
Other comprehensive loss before reclassifications | (1,134,657) |  |  | (27,637) |  |  |  | (1,162,294) |
Amounts reclassified from AOCI | 58,440 |  |  | — |  |  |  | 58,440 |
Other comprehensive loss | (1,076,217) |  |  | (27,637) |  |  |  | (1,103,854) |
Unrealized investment loss related to noncontrolling interest | (1) |  |  | — |  |  |  | (1) |
End of period | $ | (985,318) |  |  | $ | (400,492) |  |  |  | $ | (1,385,810) |
Amounts reclassified from AOCI |  |  |  |  |  |
Pre-tax | $ | 73,975 |  | (1) | $ | — |  |  |  | $ | 73,975 |
Tax effect | (15,535) |  | (2) | — |  |  |  | (15,535) |
After-tax amounts reclassified | $ | 58,440 |  |  | $ | — |  |  |  | $ | 58,440 |
Other comprehensive loss |  |  |  |  |  |
Pre-tax | $ | (1,365,064) |  |  | $ | (27,637) |  |  |  | $ | (1,392,701) |
Tax effect | 288,847 |  |  | — |  |  |  | 288,847 |
Other comprehensive loss | $ | (1,076,217) |  |  | $ | (27,637) |  |  |  | $ | (1,103,854) |
As of and for the three months ended September 30, 2022 |  |  |  |  |
Changes in AOCI |  |  |  |  |
Beginning of period | $ | (669,654) |  |  | $ | (359,976) |  |  |  | $ | (1,029,630) |
Other comprehensive loss before reclassifications | (335,034) |  |  | (40,516) |  |  |  | (375,550) |
Amounts reclassified from AOCI | 19,370 |  |  | — |  |  |  | 19,370 |
Other comprehensive loss | (315,664) |  |  | (40,516) |  |  |  | (356,180) |
Unrealized investment loss related to noncontrolling interest | — |  |  | — |  |  |  | — |
Ending balance | $ | (985,318) |  |  | $ | (400,492) |  |  |  | $ | (1,385,810) |
Amounts reclassified from AOCI |  |  |  |  |  |
Pre-tax | $ | 24,519 |  | (1) | $ | — |  |  |  | $ | 24,519 |
Tax effect | (5,149) |  | (2) | — |  |  |  | (5,149) |
After-tax amounts reclassified | $ | 19,370 |  |  | $ | — |  |  |  | $ | 19,370 |
Other comprehensive loss |  |  |  |  |  |
Pre-tax | $ | (394,832) |  |  | $ | (40,516) |  |  |  | $ | (435,348) |
Tax effect | 79,168 |  |  | — |  |  |  | 79,168 |
Other comprehensive loss | $ | (315,664) |  |  | $ | (40,516) |  |  |  | $ | (356,180) |
As of and for the nine months ended September 30, 2021 |  |  |  |  |
Changes in AOCI |  |  |  |  |
Beginning of period | $ | 289,714 |  |  | $ | (351,886) |  |  |  | $ | (62,172) |
Other comprehensive loss before reclassifications | (120,695) |  |  | (26,235) |  |  |  | (146,930) |
Amounts reclassified from AOCI | 18,241 |  |  | — |  |  |  | 18,241 |
Other comprehensive loss | (102,454) |  |  | (26,235) |  |  |  | (128,689) |
Unrealized investment loss related to noncontrolling interest | (1) |  |  | — |  |  |  | (1) |
End of period | $ | 187,259 |  |  | $ | (378,121) |  |  |  | $ | (190,862) |
Amounts reclassified from AOCI |  |  |  |  |  |
Pre-tax | $ | 23,091 |  | (1) | $ | — |  |  |  | $ | 23,091 |
Tax effect | (4,850) |  | (2) | — |  |  |  | (4,850) |
After-tax amounts reclassified | $ | 18,241 |  |  | $ | — |  |  |  | $ | 18,241 |
Other comprehensive loss |  |  |  |  |  |
Pre-tax | $ | (130,201) |  |  | $ | (26,235) |  |  |  | $ | (156,436) |
Tax effect | 27,747 |  |  | — |  |  |  | 27,747 |
Other comprehensive loss | $ | (102,454) |  |  | $ | (26,235) |  |  |  | $ | (128,689) |
As of and for the three months ended September 30, 2021 |  |  |  |  |  |
Changes in AOCI |  |  |  |  |
Beginning of period | $ | 222,855 |  |  | $ | (345,299) |  |  |  | $ | (122,444) |
Other comprehensive loss before reclassifications | (36,249) |  |  | (32,822) |  |  |  | (69,071) |
Amounts reclassified from AOCI | 653 |  |  | — |  |  |  | 653 |
Other comprehensive loss | (35,596) |  |  | (32,822) |  |  |  | (68,418) |
Unrealized investment loss related to noncontrolling interest | — |  |  | — |  |  |  | — |
Ending balance | $ | 187,259 |  |  | $ | (378,121) |  |  |  | $ | (190,862) |
Amounts reclassified from AOCI |  |  |  |  |  |
Pre-tax | $ | 827 |  | (1) | $ | — |  |  |  | $ | 827 |
Tax effect | (174) |  | (2) | — |  |  |  | (174) |
After-tax amounts reclassified | $ | 653 |  |  | $ | — |  |  |  | $ | 653 |
Other comprehensive loss |  |  |  |  |  |
Pre-tax | $ | (45,270) |  |  | $ | (32,822) |  |  |  | $ | (78,092) |
Tax effect | 9,674 |  |  | — |  |  |  | 9,674 |
Other comprehensive loss | $ | (35,596) |  |  | $ | (32,822) |  |  |  | $ | (68,418) |
____________ (1) Net investment (losses) gains in the consolidated statements of income. (2) Income tax expense in the consolidated statements of income.

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