XML 44 R33.htm IDEA: XBRL DOCUMENT v3.19.1
Other Comprehensive Income (Loss) (Tables)
 3 Months Ended
Mar. 31, 2019
Other Comprehensive Income (Loss) [Abstract]  
Components Of Comprehensive Income (Loss) In The Consolidated Statements Of Operations


   
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
)
Reclassification From Accumulated Other Comprehensive Income

 

 

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)
Components Of Accumulated Other Comprehensive Income (Loss), Net Of Tax, In The Consolidated Balance Sheets

 

 

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.)