XML 44 R34.htm IDEA: XBRL DOCUMENT
v3.25.2

Consolidated Statements of Comprehensive Income (Loss) (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2025
Equity [Abstract] |
Components of changes in accumulated other comprehensive income (loss) | The following table presents the components of the changes in accumulated other comprehensive income (loss) ("AOCI"):
(In thousands) | Unrealized Investment Gains (Losses) |  | Currency Translation Adjustments |  |  | Accumulated Other Comprehensive Income (Loss) |
As of and for the six months ended June 30, 2025 |  |  |  |  |  |
Changes in AOCI |  |  |  |  |  |
Beginning of period | $ | (517,170) |  |  | $ | (417,099) |  |  |  | $ | (934,269) |  |
Other comprehensive income before reclassifications | 242,620 |  |  | 93,348 |  |  |  | 335,968 |  |
Amounts reclassified from AOCI | 25,918 |  |  | — |  |  |  | 25,918 |  |
Other comprehensive income | 268,538 |  |  | 93,348 |  |  |  | 361,886 |  |
Unrealized investment loss related to noncontrolling interest | (1) |  |  | — |  |  |  | (1) |  |
End of period | $ | (248,633) |  |  | $ | (323,751) |  |  |  | $ | (572,384) |  |
Amounts reclassified from AOCI |  |  |  |  |  |  |
Pre-tax | $ | 32,808 |  | (1) | $ | — |  |  |  | $ | 32,808 |  |
Tax effect | (6,890) |  | (2) | — |  |  |  | (6,890) |  |
After-tax amounts reclassified | $ | 25,918 |  |  | $ | — |  |  |  | $ | 25,918 |  |
Other comprehensive income |  |  |  |  |  |  |
Pre-tax | $ | 343,713 |  |  | $ | 93,348 |  |  |  | $ | 437,061 |  |
Tax effect | (75,175) |  |  | — |  |  |  | (75,175) |  |
Other comprehensive income | $ | 268,538 |  |  | $ | 93,348 |  |  |  | $ | 361,886 |  |
As of and for the three months ended June 30, 2025 |  |  |  |  |  |
Changes in AOCI |  |  |  |  |  |
Beginning of period | $ | (368,898) |  |  | $ | (393,169) |  |  |  | $ | (762,067) |  |
Other comprehensive income before reclassifications | 98,518 |  |  | 69,418 |  |  |  | 167,936 |  |
Amounts reclassified from AOCI | 21,747 |  |  | — |  |  |  | 21,747 |  |
Other comprehensive income | 120,265 |  |  | 69,418 |  |  |  | 189,683 |  |
Unrealized investment loss related to noncontrolling interest | — |  |  | — |  |  |  | — |  |
Ending balance | $ | (248,633) |  |  | $ | (323,751) |  |  |  | $ | (572,384) |  |
Amounts reclassified from AOCI |  |  |  |  |  |  |
Pre-tax | $ | 27,528 |  | (1) | $ | — |  |  |  | $ | 27,528 |  |
Tax effect | (5,781) |  | (2) | — |  |  |  | (5,781) |  |
After-tax amounts reclassified | $ | 21,747 |  |  | $ | — |  |  |  | $ | 21,747 |  |
Other comprehensive income |  |  |  |  |  |  |
Pre-tax | $ | 157,858 |  |  | $ | 69,418 |  |  |  | $ | 227,276 |  |
Tax effect | (37,593) |  |  | — |  |  |  | (37,593) |  |
Other comprehensive income | $ | 120,265 |  |  | $ | 69,418 |  |  |  | $ | 189,683 |  |
(In thousands) | Unrealized Investment (Losses) Gains |  | Currency Translation Adjustments |  |  | Accumulated Other Comprehensive (Loss) Income
As of and for the six months ended June 30, 2024 |  |  |  |  |
Changes in AOCI |  |  |  |  |
Beginning of period | $ | (586,354) |  |  | $ | (339,484) |  |  |  | $ | (925,838) |
Other comprehensive loss before reclassifications | (156,023) |  |  | (24,343) |  |  |  | (180,366) |
Amounts reclassified from AOCI | 72,563 |  |  | — |  |  |  | 72,563 |
Other comprehensive loss | (83,460) |  |  | (24,343) |  |  |  | (107,803) |
Unrealized investment gain related to noncontrolling interest | 1 |  |  | — |  |  |  | 1 |
End of period | $ | (669,813) |  |  | $ | (363,827) |  |  |  | $ | (1,033,640) |
Amounts reclassified from AOCI |  |  |  |  |  |
Pre-tax | $ | 91,852 |  | (1) | $ | — |  |  |  | $ | 91,852 |
Tax effect | (19,289) |  | (2) | — |  |  |  | (19,289) |
After-tax amounts reclassified | $ | 72,563 |  |  | $ | — |  |  |  | $ | 72,563 |
Other comprehensive loss |  |  |  |  |  |
Pre-tax | $ | (109,937) |  |  | $ | (24,343) |  |  |  | $ | (134,280) |
Tax effect | 26,477 |  |  | — |  |  |  | 26,477 |
Other comprehensive loss | $ | (83,460) |  |  | $ | (24,343) |  |  |  | $ | (107,803) |
As of and for the three months ended June 30, 2024 |  |  |  |  |
Changes in AOCI |  |  |  |  |
Beginning of period | $ | (656,476) |  |  | $ | (367,054) |  |  |  | $ | (1,023,530) |
Other comprehensive (loss) income before reclassifications | (54,711) |  |  | 3,227 |  |  |  | (51,484) |
Amounts reclassified from AOCI | 41,373 |  |  | — |  |  |  | 41,373 |
Other comprehensive (loss) income | (13,338) |  |  | 3,227 |  |  |  | (10,111) |
Unrealized investment gain related to noncontrolling interest | 1 |  |  | — |  |  |  | 1 |
Ending balance | $ | (669,813) |  |  | $ | (363,827) |  |  |  | $ | (1,033,640) |
Amounts reclassified from AOCI |  |  |  |  |  |
Pre-tax | $ | 52,371 |  | (1) | $ | — |  |  |  | $ | 52,371 |
Tax effect | (10,998) |  | (2) | — |  |  |  | (10,998) |
After-tax amounts reclassified | $ | 41,373 |  |  | $ | — |  |  |  | $ | 41,373 |
Other comprehensive (loss) income |  |  |  |  |  |
Pre-tax | $ | (20,640) |  |  | $ | 3,227 |  |  |  | $ | (17,413) |
Tax effect | 7,302 |  |  | — |  |  |  | 7,302 |
Other comprehensive (loss) income | $ | (13,338) |  |  | $ | 3,227 |  |  |  | $ | (10,111) |
____________ (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