Consolidated Statements of Comprehensive Income (Tables)

3 Months Ended

Mar. 31, 2021

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 three months ended March 31, 2021
Changes in AOCI
Beginning of period	$	289,714		$	(351,886)	$	(62,172)


Other comprehensive (loss) income before reclassifications	(98,991)			4,050		(94,941)
Amounts reclassified from AOCI	8,861			—		8,861
Other comprehensive (loss) income	(90,130)			4,050		(86,080)
Unrealized investment gain related to noncontrolling interest	—			—		—
End of period	$	199,584		$	(347,836)	$	(148,252)
Amounts reclassified from AOCI
Pre-tax	$	11,216	(1)	$	—	$	11,216
Tax effect	(2,355)		(2)	—		(2,355)
After-tax amounts reclassified	$	8,861		$	—	$	8,861
Other comprehensive (loss) income
Pre-tax	$	(113,735)		$	4,050	$	(109,685)
Tax effect	23,605			—		23,605
Other comprehensive (loss) income	$	(90,130)		$	4,050	$	(86,080)



As of and for the three months ended March 31, 2020
Changes in AOCI
Beginning of period	$	124,514		$	(381,813)	$	(257,299)
Cumulative effect adjustment resulting from changes in accounting principles	24,952			—		24,952
Restated beginning of period	149,466			(381,813)		(232,347)
Other comprehensive loss before reclassifications	(298,531)			(98,194)		(396,725)
Amounts reclassified from AOCI	39,550			—		39,550
Other comprehensive loss	(258,981)			(98,194)		(357,175)
Unrealized investment loss related to noncontrolling interest	1			—		1
End of period	$	(109,514)		$	(480,007)	$	(589,521)
Amounts reclassified from AOCI
Pre-tax	$	50,063	(1)	$	—	$	50,063
Tax effect	(10,513)		(2)	—		(10,513)
After-tax amounts reclassified	$	39,550		$	—	$	39,550
Other comprehensive loss
Pre-tax	$	(332,850)		$	(98,194)	$	(431,044)
Tax effect	73,869			—		73,869
Other comprehensive loss	$	(258,981)		$	(98,194)	$	(357,175)

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(1) Net investment gains (losses) in the consolidated statements of income (loss).

(2) Income tax (expense) benefit in the consolidated statements of income (loss).