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Consolidated Statements of Comprehensive Income (Tables)
9 Months Ended
Sep. 30, 2021
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 AdjustmentsAccumulated Other Comprehensive
(Loss) Income
As of and for the nine months ended September 30, 2021
Changes in AOCI
Beginning of period$289,714 $(351,886)$(62,172)
Other comprehensive (loss) income before reclassifications(120,695)(26,235)(146,930)
Amounts reclassified from AOCI18,241 — 18,241 
Other comprehensive (loss) income(102,454)(26,235)(128,689)
Unrealized investment gain related to noncontrolling interest(1)— (1)
End of period$187,259 $(378,121)$(190,862)
Amounts reclassified from AOCI
Pre-tax$23,091 (1)$— $23,091 
Tax effect (4,850)(2)— (4,850)
After-tax amounts reclassified$18,241 $— $18,241 
Other comprehensive (loss) income
Pre-tax$(130,201)$(26,235)$(156,436)
Tax effect27,747 — 27,747 
Other comprehensive (loss) income$(102,454)$(26,235)$(128,689)
As of and for the three months ended September 30, 2021
Changes in AOCI
Beginning of period$222,855 $(345,299)$(122,444)
Other comprehensive (loss) income before reclassifications(36,249)(32,822)(69,071)
Amounts reclassified from AOCI653 — 653 
Other comprehensive (loss) income(35,596)(32,822)(68,418)
Unrealized investment gain related to noncontrolling interest— — — 
Ending balance$187,259 $(378,121)$(190,862)
Amounts reclassified from AOCI
Pre-tax$827 (1)$— $827 
Tax effect (174)(2)— (174)
After-tax amounts reclassified$653 $— $653 
Other comprehensive (loss) income
Pre-tax$(45,270)$(32,822)$(78,092)
Tax effect9,674 — 9,674 
Other comprehensive (loss) income$(35,596)$(32,822)$(68,418)
As of and for the nine months ended September 30, 2020
Changes in AOCI
Beginning of period$124,514 $(381,813)$(257,299)
Cumulative effect adjustment resulting from changes in accounting principles24,952 — 24,952 
Restated beginning of period149,466 (381,813)(232,347)
Other comprehensive income (loss) before reclassifications76,474 (36,553)39,921 
Amounts reclassified from AOCI21,542 — 21,542 
Other comprehensive income (loss)98,016 (36,553)61,463 
Unrealized investment gain related to noncontrolling interest(2)— (2)
End of period$247,480 $(418,366)$(170,886)
Amounts reclassified from AOCI
Pre-tax$27,268 (1)$— $27,268 
Tax effect (5,726)(2)— (5,726)
After-tax amounts reclassified$21,542 $— $21,542 
Other comprehensive income (loss)
Pre-tax$111,756 $(36,553)$75,203 
Tax effect(13,740)— (13,740)
Other comprehensive income (loss)$98,016 $(36,553)$61,463 
As of and for the three months ended September 30, 2020
Changes in AOCI
Beginning of period$209,210 $(458,560)$(249,350)
Other comprehensive income (loss) before reclassifications39,488 40,194 79,682 
Amounts reclassified from AOCI(1,215)— (1,215)
Other comprehensive income (loss)38,273 40,194 78,467 
Unrealized investment gain related to noncontrolling interest(3)— (3)
Ending balance$247,480 $(418,366)$(170,886)
Amounts reclassified from AOCI
Pre-tax$(1,538)(1)$— $(1,538)
Tax effect 323 (2)— 323 
After-tax amounts reclassified$(1,215)$— $(1,215)
Other comprehensive income (loss)
Pre-tax$48,980 $40,194 $89,174 
Tax effect(10,707)— (10,707)
Other comprehensive income (loss)$38,273 $40,194 $78,467 
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(1) Net investment gains (losses) in the consolidated statements of income.
(2) Income tax expense in the consolidated statements of income.