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Consolidated Statement of Comprehensive Income (Tables)
12 Months Ended
Dec. 31, 2022
Equity [Abstract]  
Schedule of Accumulated Other Comprehensive (Loss) Income
The following tables present the components of the changes in accumulated other comprehensive (loss) income as of and for the years ended December 31, 2022 and 2021:
(In thousands)
December 31, 2022Unrealized Investment (Losses) GainsCurrency Translation AdjustmentsAccumulated Other Comprehensive Loss
Changes in AOCI
Beginning of period$90,900 $(372,855)$(281,955)
Other comprehensive (loss) income before reclassifications(1,054,838)1,179 (1,053,659)
Amounts reclassified from AOCI71,035 — 71,035 
Other comprehensive (loss) income(983,803)1,179 (982,624)
Unrealized investment loss related to noncontrolling interest(2)— (2)
Ending balance$(892,905)$(371,676)$(1,264,581)
Amounts reclassified from AOCI
Pre-tax$89,918 (1)$— $89,918 
Tax effect(18,883)(2)— (18,883)
After-tax amounts reclassified$71,035 $— $71,035 
Other comprehensive (loss) income
Pre-tax$(1,248,128)$1,179 $(1,246,949)
Tax effect264,325 — 264,325 
Other comprehensive (loss) income$(983,803)$1,179 $(982,624)

(In thousands)
December 31, 2021Unrealized Investment Gains (Losses)Currency Translation AdjustmentsAccumulated Other Comprehensive Loss
Changes in AOCI
Beginning of period$289,714 $(351,886)$(62,172)
Other comprehensive loss before reclassifications(222,359)(20,969)(243,328)
Amounts reclassified from AOCI23,547 — 23,547 
Other comprehensive loss(198,812)(20,969)(219,781)
Unrealized investment loss related to non-controlling interest(2)— (2)
Ending balance$90,900 $(372,855)$(281,955)
Amounts reclassified from AOCI
Pre-tax$29,806 (1)$— $29,806 
Tax effect(6,259)(2)— (6,259)
After-tax amounts reclassified$23,547 $— $23,547 
Other comprehensive loss
Pre-tax$(254,939)$(20,969)$(275,908)
Tax effect56,127 — 56,127 
Other comprehensive loss$(198,812)$(20,969)$(219,781)
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(1) Net investment gains in the consolidated statements of income.
(2) Income tax expense in the consolidated statements of income.