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Realized And Unrealized Investment Gains (Losses) on Investments
3 Months Ended
Mar. 31, 2019
Realized and Unrealized Investment Gains (Losses) [Abstract]  
Realized And Unrealized Investment Gains (Losses) on Investments Net Realized and Unrealized Gains (Losses) on Investments
 Net realized and unrealized gains (losses) on investments are as follows:
 
For the Three Months
Ended March 31,
(In thousands)
2019
 
2018
Net realized and unrealized gains (losses) on investments in earnings
 
 
 
Fixed maturity securities:
 
 
 
Gains
$
5,246

 
$
13,339

Losses
(3,518
)
 
(3,740
)
Equity securities (1):
 
 
 
Net realized gains on investment sales
23,345

 
122,321

Change in unrealized gains (losses)
42,078

 
(94,205
)
Investment funds
17

 
119

Real estate
2,746

 
7,998

Loans receivable
(970
)
 
2,058

Other
(291
)
 
574

Net realized and unrealized gains on investments in earnings before OTTI
68,653

 
48,464

Other-than-temporary impairments

 

Net realized and unrealized gains on investments in earnings
68,653

 
48,464

Income tax expense
(14,417
)
 
(10,177
)
After-tax net realized and unrealized gains on investments in earnings
$
54,236

 
$
38,287


Change in unrealized investment gains (losses) of available for sale securities:
 
 
 
Fixed maturity securities
$
174,494

 
$
(159,727
)
Previously impaired fixed maturity securities
(69
)
 
13

Investment funds
(5,165
)
 
(1,134
)
Total change in unrealized investment gains (losses)
169,260

 
(160,848
)
Income tax (expense) benefit
(43,486
)
 
35,076

Noncontrolling interests
(47
)
 
(11
)
After-tax change in unrealized investment gains (losses) of available for sale securities
$
125,727

 
$
(125,783
)
______________________
(1) The net realized gains or losses on investment sales represent the total gains or losses from the purchase dates of the equity securities. The change in unrealized gains consists of two components: (i) the reversal of the gain or loss recognized in previous periods on equity securities sold and (ii) the change in unrealized gain or loss resulting from mark-to-market adjustments on equity securities still held.