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Net Investment Gains (Losses) (Tables)
 6 Months Ended
Jun. 30, 2020
Realized and Unrealized Investment Gains (Losses) [Abstract]  
Realized And Unrealized Investment Gains (Losses) Net investment gains (losses) are as follows:
For the Three Months
Ended June 30,		For the Six Months
Ended June 30,
(In thousands)2020201920202019
Net investment gains (losses):  
Fixed maturity securities:  
Gains$14,844  $3,157  $19,775  $8,403  
Losses(9,234) (3,377) (14,081) (6,895) 
Equity securities (1):
Net realized gains (losses) on investment sales5,727  (6) 5,727  23,339  
Change in unrealized gains (losses) 61,914  69,418  (92,552) 111,496  
Investment funds913  41  31,096  58  
Real estate (2)(7,137) 3,021  (7,824) 5,767  
Loans receivable—  —  —  (970) 
Other(5,374) 1,320  (23,773) 1,028  
Net realized and unrealized gains (losses) on investments in earnings before allowance for expected credit losses61,653  73,574  (81,632) 142,226  
Change in allowance for expected credit losses on investments (3):
Fixed maturity securities21,023  —  (10,727) —  
Loans receivable(4,791) —  (6,930) —  
Change in allowance for expected credit losses on investments16,232  —  (17,657) —  
Net investment gains (losses) 77,885  73,574  (99,289) 142,226  
Income tax (expense) benefit (18,098) (15,451) 22,476  (29,867) 
After-tax net investment gains (losses)$59,787  $58,123  $(76,813) $112,359  
Change in unrealized investment gains on available for sale securities:  
Fixed maturity securities without allowance for expected credit losses$369,615  $146,629  $43,199  $321,123  
Fixed maturity securities with allowance for expected credit losses23,450  81  24,991  12  
Investment funds4,212  5,762  (3,434) 7,552  
Other(1,653) (5,401) (1,979) (12,356) 
Total change in unrealized investment gains395,624  147,071  62,777  316,331  
Income tax expense(76,899) (28,422) (3,034) (71,907) 
Noncontrolling interests(1) 30  1  (18) 
After-tax change in unrealized investment gains of available for sale securities$318,724  $118,679  $59,744  $244,406  
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(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.
(2) For the three and six months ended June 30, 2020, net investment losses on real estate includes an allowance of $8 million.
(3) The inclusion of the allowance for expected credit losses on investments commenced January 1, 2020 due to the adoption of ASU 2016-13. See Note 3 for more details.