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Realized And Unrealized Investment Gains and Losses (Tables)
12 Months Ended
Dec. 31, 2016
Realized and Unrealized Investment Gains (Losses) [Abstract]  
Realized and Unrealized Investment Gains (Losses)
Realized and unrealized investment gains (losses) are as follows:
(In thousands)
2016
 
2015
 
2014
Realized investment gains (losses):
 

 
 

 
 

Fixed maturity securities:
 

 
 

 
 

Gains
$
72,215

 
$
23,755

 
$
39,113

Losses
(6,434
)
 
(4,065
)
 
(4,420
)
Equity securities available for sale
14,201

 
9,639

 
38,296

Investment funds
58,861

 
93,529

 
96,204

Real estate
7,757

 

 
85,659

Other (1)
138,519

 
2,775

 

Net realized gains on investments sales
285,119

 
125,633

 
254,852

Other-than-temporary impairments (2)
(18,114
)
 
(33,309
)
 

Net investment gains
267,005

 
92,324

 
254,852

Income tax expense
(93,452
)
 
(32,313
)
 
(89,198
)
  After-tax realized investment gains
$
173,553

 
$
60,011

 
$
165,654

Change In Unrealized Gains (Losses)
Change in unrealized gains (losses) of available for sales securities:
 

 
 

 
 

Fixed maturity securities
$
(107,094
)
 
$
(144,445
)
 
$
155,765

Previously impaired fixed maturity securities
451

 
(174
)
 
865

Equity securities available for sale
465,727

 
(27,809
)
 
(69,016
)
Investment funds
12,631

 
(19,758
)
 
(14,725
)
Total change in unrealized investment gains (losses)
371,715

 
(192,186
)
 
72,889

Income tax benefit (expense)
(125,315
)
 
66,644

 
(23,223
)
Noncontrolling interests
59

 
38

 
(33
)
 After-tax change in unrealized investment gains (losses) of available for sale securities
$
246,459

 
$
(125,504
)
 
$
49,633