XML 55 R41.htm IDEA: XBRL DOCUMENT
v3.24.0.1

Consolidated Statement of Comprehensive Income (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2023
Equity [Abstract] |
Schedule of Accumulated Other Comprehensive (Loss) Income | The following tables present the components of the changes in accumulated other comprehensive income (loss) (AOCI) as of and for the years ended December 31, 2023 and 2022:
(In thousands) |  |  |  |  |  |  |
December 31, 2023 | Unrealized Investment Gains (Losses) |  | Currency Translation Adjustments |  |  |  | Accumulated Other Comprehensive Income (Loss)
Changes in AOCI |  |  |  |  |  |
Beginning of period | $ | (892,905) |  |  | $ | (371,676) |  |  |  |  | $ | (1,264,581) |
Other comprehensive income before reclassifications | 252,782 |  |  | 32,192 |  |  |  |  | 284,974 |
Amounts reclassified from AOCI | 53,771 |  |  | — |  |  |  |  | 53,771 |
Other comprehensive income | 306,553 |  |  | 32,192 |  |  |  |  | 338,745 |
Unrealized investment loss related to noncontrolling interest | (2) |  |  | — |  |  |  |  | (2) |
Ending balance | $ | (586,354) |  |  | $ | (339,484) |  |  |  |  | $ | (925,838) |
Amounts reclassified from AOCI |  |  |  |  |  |  |
Pre-tax | $ | 68,065 |  | (1) | $ | — |  |  |  |  | $ | 68,065 |
Tax effect | (14,294) |  | (2) | — |  |  |  |  | (14,294) |
After-tax amounts reclassified | $ | 53,771 |  |  | $ | — |  |  |  |  | $ | 53,771 |
Other comprehensive income |  |  |  |  |  |  |
Pre-tax | $ | 392,903 |  |  | $ | 32,192 |  |  |  |  | $ | 425,095 |
Tax effect | (86,350) |  |  | — |  |  |  |  | (86,350) |
Other comprehensive income | $ | 306,553 |  |  | $ | 32,192 |  |  |  |  | $ | 338,745 |
(In thousands) |  |  |  |  |  |  |
December 31, 2022 | Unrealized Investment (Losses) Gains |  | Currency Translation Adjustments |  |  |  | Accumulated Other Comprehensive Income (Loss)
Changes in AOCI |  |  |  |  |  |
Beginning of period | $ | 90,900 |  |  | $ | (372,855) |  |  |  |  | $ | (281,955) |
Other comprehensive (loss) income before reclassifications | (1,054,838) |  |  | 1,179 |  |  |  |  | (1,053,659) |
Amounts reclassified from AOCI | 71,035 |  |  | — |  |  |  |  | 71,035 |
Other comprehensive (loss) income | (983,803) |  |  | 1,179 |  |  |  |  | (982,624) |
Unrealized investment loss related to non-controlling interest | (2) |  |  | — |  |  |  |  | (2) |
Ending balance | $ | (892,905) |  |  | $ | (371,676) |  |  |  |  | $ | (1,264,581) |
Amounts reclassified from AOCI |  |  |  |  |  |  |
Pre-tax | $ | 89,918 |  | (1) | $ | — |  |  |  |  | $ | 89,918 |
Tax effect | (18,883) |  | (2) | — |  |  |  |  | (18,883) |
After-tax amounts reclassified | $ | 71,035 |  |  | $ | — |  |  |  |  | $ | 71,035 |
Other comprehensive (loss) income |  |  |  |  |  |  |
Pre-tax | $ | (1,248,128) |  |  | $ | 1,179 |  |  |  |  | $ | (1,246,949) |
Tax effect | 264,325 |  |  | — |  |  |  |  | 264,325 |
Other comprehensive (loss) income | $ | (983,803) |  |  | $ | 1,179 |  |  |  |  | $ | (982,624) |
_______________ (1) Net investment gains in the consolidated statements of income. (2) Income tax expense in the consolidated statements of income.

X
- References No definition available. + Details
Name: | us-gaap_EquityAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the components of accumulated other comprehensive income (loss). + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 14A -Publisher FASB -URI https://asc.fasb.org//1943274/2147482790/220-10-45-14A Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 830 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481674/830-30-50-1 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 830 -SubTopic 30 -Name Accounting Standards Codification -Section 45 -Paragraph 20 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481694/830-30-45-20 + Details
Name: | us-gaap_ScheduleOfAccumulatedOtherComprehensiveIncomeLossTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration