9. OTHER COMPREHENSIVE INCOME (LOSS)

The following table presents the components of comprehensive income (loss) in the consolidated statements of operations for the periods indicated:


	Three Months Ended March 31, 2019									Three Months Ended March 31, 2018
(Dollars in thousands)	Before Tax			Tax Effect			Net of Tax			Before Tax			Tax Effect			Net of Tax
Unrealized appreciation (depreciation) ("URA(D)") on securities - temporary	$	256,630		$	(23,391	)	$	233,239		$	(209,160	)	$	18,746		$	(190,414	)
URA(D) on securities - OTTI		(244	)		70			(174	)		(189	)		(21	)		(210	)
Reclassification of net realized losses (gains) included in net income (loss)		(2,736	)		914			(1,822	)		(10,325	)		1,553			(8,772	)
Foreign currency translation adjustments		16,598			(2,546	)		14,052			17,345			354			17,699
Reclassification of benefit plan liability amortization included in net income (loss)		1,457			(306	)		1,151			2,298			(483	)		1,815
Total other comprehensive income (loss)	$	271,705		$	(25,259	)	$	246,446		$	(200,031	)	$	20,149		$	(179,882	)

The following table presents details of the amounts reclassified from AOCI for the periods indicated:


	Three Months Ended
	March 31,						Affected line item within the statements of
AOCI component	2019			2018			operations and comprehensive income (loss)
(Dollars in thousands)
URA(D) on securities	$	(2,736	)	$	(10,325	)	Other net realized capital gains (losses)
		914			1,553		Income tax expense (benefit)
	$	(1,822	)	$	(8,772	)	Net income (loss)

Benefit plan net gain (loss)	$	1,457		$	2,298		Other underwriting expenses
		(306	)		(483	)	Income tax expense (benefit)
	$	1,151		$	1,815		Net income (loss)

The following table presents the components of accumulated other comprehensive income (loss), net of tax, in the consolidated balance sheets for the periods indicated:


	Three Months Ended			Twelve Months Ended
	March 31,			December 31,
(Dollars in thousands)	2019			2018
Beginning balance of URA (D) on securities	$	(179,392	)	$	49,969
Change to beginning balance due to adoption of ASU 2016-01		-			(1,201	)
Current period change in URA (D) of investments - temporary		231,417			(226,954	)
Current period change in URA (D) of investments - non-credit OTTI		(174	)		(1,206	)
Ending balance of URA (D) on securities		51,851			(179,392	)

Beginning balance of foreign currency translation adjustments		(215,747	)		(138,931	)
Current period change in foreign currency translation adjustments		14,052			(76,816	)
Ending balance of foreign currency translation adjustments		(201,695	)		(215,747	)

Beginning balance of benefit plan net gain (loss)		(67,418	)		(71,929	)
Current period change in benefit plan net gain (loss)		1,151			4,511
Ending balance of benefit plan net gain (loss)		(66,267	)		(67,418	)

Ending balance of accumulated other comprehensive income (loss)	$	(216,111	)	$	(462,557	)

(Some amounts may not reconcile due to rounding.)