Accumulated Other Comprehensive Loss

12 Months Ended

Dec. 31, 2023

Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]

10. Accumulated Other Comprehensive Loss

Comprehensive income (loss) for the Company consists of the total of net income, foreign currency translation adjustments, and accrued pension and retiree medical liability adjustments. Foreign currency translation adjustments include net unrealized gain from intra-entity loans that are long-term in nature of $1,004,000, $955,000, and $383,000 for the years ended December 31, 2023, 2022, and 2021, respectively. The changes in components of "Accumulated other comprehensive loss" ("AOCL"), net of taxes and noncontrolling interests, included in the Company's Consolidated Balance Sheets were as follows:


	Foreign currency translation adjustments			Retirement liabilities			AOCL attributable to shareholders of Crawford & Company
	(In thousands)
Balance at December 31, 2021	$	(21,760	)	$	(158,681	)	$	(180,441	)
Other comprehensive loss before reclassifications		(30,821	)		—			(30,821	)
Unrealized net losses arising during the year		—			(11,704	)		(11,704	)
Amounts reclassified from accumulated other comprehensive income to net income (1)		—			7,645			7,645
Net current period other comprehensive loss		(30,821	)		(4,059	)		(34,880	)
Balance at December 31, 2022		(52,581	)		(162,740	)		(215,321	)
Other comprehensive income before reclassifications		3,095			—			3,095
Unrealized net losses arising during the year		—			(15,740	)		(15,740	)
Amounts reclassified from accumulated other comprehensive income to net income (1)		—			9,351			9,351
Net current period other comprehensive income (loss)		3,095			(6,389	)		(3,294	)
Balance at December 31, 2023	$	(49,486	)	$	(169,129	)	$	(218,615	)

(1)

Retirement liabilities reclassified to net income are related to the amortization of actuarial losses and are included in "Selling, general, and administrative expenses" in the Company's Consolidated Statements of Operations. See Note 8, "Retirement Plans" for additional details.

Other comprehensive loss amounts attributable to noncontrolling interests shown in the Company's Consolidated Statements of Shareholders' Investment are foreign currency translation adjustments.