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Consolidated Statements of Comprehensive Income (Loss)
 9 Months Ended
Sep. 30, 2019
Equity [Abstract]  
Consolidated Statements of Comprehensive Income (Loss) Consolidated Statement of Comprehensive Income (Loss)

The following table presents the components of the changes in accumulated other comprehensive income (loss) ("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, 2019
 
 
 
 
Changes in AOCI
 
 
 
 
Beginning of period
$
(91,491
)
 
$
(418,979
)
 
$
(510,470
)
Other comprehensive income (loss) before reclassifications
218,592

 
(31,414
)
 
187,178

Amounts reclassified from AOCI
1,087

 
—

 
1,087

Other comprehensive income (loss)
219,679

 
(31,414
)
 
188,265

Unrealized investment loss related to noncontrolling interest
105

 
—

 
105

End of period
$
128,293

 
$
(450,393
)
 
$
(322,100
)
Amounts reclassified from AOCI
 
 
 
 
 
Pre-tax
$
1,376

(1)
$
—

 
$
1,376

Tax effect
(289
)
(2)
—

 
(289
)
After-tax amounts reclassified
$
1,087

 
$
—

 
$
1,087

Other comprehensive income (loss)
 
 
 
 
 
Pre-tax
$
287,739

 
$
(31,414
)
 
$
256,325

Tax effect
(68,060
)
 
—

 
(68,060
)
Other comprehensive income (loss)
$
219,679

 
$
(31,414
)
 
$
188,265

As of and for the three months ended September 30, 2019
 
 
 
 
Changes in AOCI
 
 
 
 
Beginning of period
$
152,915

 
$
(413,711
)
 
$
(260,796
)
Other comprehensive loss before reclassifications
(27,023
)
 
(36,682
)
 
(63,705
)
Amounts reclassified from AOCI
2,278

 
—

 
2,278

Other comprehensive loss
(24,745
)
 
(36,682
)
 
(61,427
)
Unrealized investment losses related to noncontrolling interest
123

 
—

 
123

Ending balance
$
128,293

 
$
(450,393
)
 
$
(322,100
)
Amounts reclassified from AOCI
 
 
 
 
 
Pre-tax
$
2,884

(1)
$
—

 
$
2,884

Tax effect
(606
)
(2)
—

 
(606
)
After-tax amounts reclassified
$
2,278

 
$
—

 
$
2,278

Other comprehensive loss
 
 
 
 
 
Pre-tax
$
(28,592
)
 
$
(36,682
)
 
$
(65,274
)
Tax effect
3,847

 
—

 
3,847

Other comprehensive loss
$
(24,745
)
 
$
(36,682
)
 
$
(61,427
)
_________________________
(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 (Losses) Gains
 
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) income before reclassifications
(95,312
)
 
15,686

 
(79,626
)
Amounts reclassified from AOCI
470

 
—

 
470

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

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

 
—

 
60

Ending balance
$
(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) income
 
 
 
 

Pre-tax
$
(96,828
)
 
$
15,686

 
$
(81,142
)
Tax effect
1,986

 
—

 
1,986

Other comprehensive (loss) income
$
(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.