Accumulated Other Comprehensive Income

12 Months Ended

Dec. 31, 2021

ACCUMULATED OTHER COMPREHENSIVE INCOME

The following table shows the changes in the components of our accumulated other comprehensive income (loss), net of tax, for the years ended December 31, 2021, 2020 and 2019:


			Liability for
	Net unrealized		underfunded
	appreciation		employee
	on investments		benefit costs		Total
Balance as of January 1, 2019	$	(9,323)	$	(21,149)	$	(30,472)

Change in accumulated other comprehensive income before reclassifications	55,399		(16,530)		38,869
Reclassification adjustments from accumulated other comprehensive income	1,203		3,552		4,755
Balance as of December 31, 2019	$	47,279	$	(34,127)	$	13,152
Change in accumulated other comprehensive income before reclassifications	37,173		14,580		51,753
Reclassification adjustments from accumulated other comprehensive income	(1,382)		3,387		2,005
Balance as of December 31, 2020	$	83,070	$	(16,159)	$	66,911
Change in accumulated other comprehensive income before reclassifications	(31,519)		15,511		(16,008)
Reclassification adjustments from accumulated other comprehensive income	(1,782)		5,216		3,434
Balance as of December 31, 2021	$	49,769	$	4,568	$	54,337