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Accumulated Other Comprehensive Income (Loss)
3 Months Ended
Mar. 31, 2023
Equity [Abstract]  
Accumulated Other Comprehensive Income (Loss) Accumulated Other Comprehensive Income (Loss)
AOCI represents the accumulated change in shareholders’ equity from transactions and other events and circumstances from non-shareholder sources. For the Company, AOCI includes the after tax change in net unrealized investment gains (losses) on fixed maturity securities, the after tax change in net reserve remeasurements attributable to discount rates and the after tax change in net funded status of benefit plans for the periods as shown in the Consolidated Statements of Changes in Shareholders’ Equity. The following table reconciles these components.
($ in millions)
Net Unrealized Investment
 Gains (Losses)
 on Fixed Maturity Securities(1)
Net Reserve Remeasurements Attributable to Discount Rates(1)
Net Funded Status of
Benefit Plans(1)
Total(1)
Beginning balance, January 1, 2023$(449.6)$59.0 $(8.8)$(399.4)
Other comprehensive loss before reclassifications91.3 (41.2)— 50.1 
Amounts reclassified from AOCI(2)
1.9 — — 1.9 
Net current period other comprehensive loss93.2 (41.2)— 52.0 
Ending balance, March 31, 2023$(356.4)$17.8 $(8.8)$(347.4)
Beginning balance, January 1, 2022$347.1 $(386.9)$(10.2)$(50.0)
Other comprehensive loss before reclassifications(335.9)181.5 — (154.4)
Amounts reclassified from AOCI(2)
1.8 — — 1.8 
Net current period other comprehensive loss(334.1)181.5 — (152.6)
Ending balance, March 31, 2022$13.0 $(205.4)$(10.2)$(202.6)
(1)All amounts are net of tax.
(2)The pretax amounts reclassified from AOCI, $(2.4) million and $(2.3) million, are included in Net investment gains losses and the related income tax benefits, $(0.5) million and $(0.5) million, are included in income tax expense in the Consolidated Statements of Operations for the three months ended March 31, 2023 and 2022, respectively.

Comparative information for elements that are not required to be reclassified in their entirety to net income in the same reporting period is disclosed in Note 2.