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Consolidated Statements of Comprehensive Income (Tables)
 9 Months Ended
Sep. 30, 2018
Equity [Abstract]  
Components of changes in accumulated other comprehensive income (loss)
The following table presents the components of the changes in accumulated other comprehensive (loss) income ("AOCI"):
(In thousands)
Unrealized Investment
Gains (Losses)
 
Currency Translation Adjustments
 
Accumulated Other Comprehensive
(Loss) Income
As of and for the nine months ended September 30, 2018
 
 
 
 
Changes in AOCI
 
 
 
 
Beginning of period
$
375,421

 
$
(306,880
)
 
$
68,541

Cumulative effect adjustment resulting from changes in accounting principles
(214,539
)
 
—

 
(214,539
)
Restated beginning of period
160,882

 
(306,880
)
 
(145,998
)
Other comprehensive loss before reclassifications
(242,944
)
 
(75,970
)
 
(318,914
)
Amounts reclassified from AOCI
(10,112
)
 
—

 
(10,112
)
Other comprehensive loss
(253,056
)
 
(75,970
)
 
(329,026
)
Unrealized investment loss related to noncontrolling interest
86

 
—

 
86

End of period
$
(92,088
)
 
$
(382,850
)
 
$
(474,938
)
Amounts reclassified from AOCI
 
 
 
 
 
Pre-tax
$
(12,800
)
(1)
$
—

 
$
(12,800
)
Tax effect
2,688

(2)
—

 
2,688

After-tax amounts reclassified
$
(10,112
)
 
$
—

 
$
(10,112
)
Other comprehensive loss
 
 
 
 
 
Pre-tax
$
(298,164
)
 
$
(75,970
)
 
$
(374,134
)
Tax effect
45,108

 
—

 
45,108

Other comprehensive loss
$
(253,056
)
 
$
(75,970
)
 
$
(329,026
)
As of and for the three months ended September 30, 2018
 
 
 
 
Changes in AOCI
 
 
 
 
Beginning of period
$
2,694

 
$
(398,536
)
 
$
(395,842
)
Other comprehensive loss before reclassifications
(95,312
)
 
15,686

 
(79,626
)
Amounts reclassified from AOCI
470

 
—

 
470

Other comprehensive loss
(94,842
)
 
15,686

 
(79,156
)
Unrealized investment loss related to noncontrolling interest
60

 
—

 
60

End of period
$
(92,088
)
 
$
(382,850
)
 
$
(474,938
)
Amounts reclassified from AOCI
 
 
 
 
 
Pre-tax
$
595

(1)
$
—

 
$
595

Tax effect
(125
)
(2)
—

 
(125
)
After-tax amounts reclassified
$
470

 
$
—

 
$
470

Other comprehensive loss
 
 
 
 
 
Pre-tax
$
(96,828
)
 
$
15,686

 
$
(81,142
)
Tax effect
1,986

 
—

 
1,986

Other comprehensive loss
$
(94,842
)
 
$
15,686

 
$
(79,156
)
_________________________
(1) Net realized and unrealized gains on investments in the consolidated statements of income.
(2) Income tax expense in the consolidated statements of income.
(In thousands)
Unrealized Investment Gains (Losses)
 
           Currency Translation Adjustments
 
Accumulated Other Comprehensive (Loss) Income
As of and for the nine months ended September 30, 2017
 
 
 
 
Changes in AOCI
 
 
 
 
Beginning of period
$
427,154

 
$
(371,586
)
 
$
55,568

Other comprehensive income before reclassifications
109,277

 
71,574

 
180,851

Amounts reclassified from AOCI
(82,679
)
 
—

 
(82,679
)
Other comprehensive income
26,598

 
71,574

 
98,172

Unrealized investment gain related to noncontrolling interest
19

 
—

 
19

End of period
$
453,771

 
$
(300,012
)
 
$
153,759

Amounts reclassified from AOCI
 
 
 
 

Pre-tax
$
(127,198
)
(1)
$
—

 
$
(127,198
)
Tax effect
44,519

(2)
—

 
44,519

After-tax amounts reclassified
$
(82,679
)
 
$
—

 
$
(82,679
)
Other comprehensive income
 
 
 
 

Pre-tax
$
50,148

 
$
71,574

 
$
121,722

Tax effect
(23,550
)
 
—

 
(23,550
)
Other comprehensive income
$
26,598

 
$
71,574

 
$
98,172

As of and for the three months ended September 30, 2017
 
 
 
 
Changes in AOCI
 
 
 


Beginning of period
$
461,906

 
$
(328,604
)
 
$
133,302

Other comprehensive income before reclassifications
19,968

 
28,592

 
48,560

Amounts reclassified from AOCI
(28,136
)
 
—

 
(28,136
)
Other comprehensive income
(8,168
)
 
28,592

 
20,424

Unrealized investment gain related to noncontrolling interest
33

 
—

 
33

End of period
$
453,771

 
$
(300,012
)
 
$
153,759

Amounts reclassified from AOCI
 
 
 
 

Pre-tax
$
(43,286
)
(1)
$
—

 
$
(43,286
)
Tax effect
15,150

(2)
—

 
15,150

After-tax amounts reclassified
$
(28,136
)
 
$
—

 
$
(28,136
)
Other comprehensive income
 
 
 
 

Pre-tax
$
(8,563
)
 
$
28,592

 
$
20,029

Tax effect
395

 
—

 
395

Other comprehensive income
$
(8,168
)
 
$
28,592

 
$
20,424

_________________________
(1) Net realized and unrealized gains on investments in the consolidated statements of income.
(2) Income tax expense in the consolidated statements of income.