Other Comprehensive Income

3 Months Ended

Mar. 31, 2024

Equity [Abstract]

Comprehensive Income (Loss) Note [Text Block]

OTHER COMPREHENSIVE INCOME (LOSS)

The changes in the components of other comprehensive income (loss) are reported net of the effects of income taxes of 21% for domestic entities and 4% for Puerto Rican entities for the three months ended March 31, 2024 and 2023, as indicated below.

Three Months Ended March 31,	2024				2023
(In thousands)	Amount		Tax Effect	Total	Amount	Tax Effect	Total
Unrealized gains (losses):
Unrealized holding gains (losses) arising during the period	$	(13,416)	1,198	(12,218)	43,436	(2,280)	41,156
Reclassification adjustment for losses (gains) included in net income	448		(94)	354	38	(8)	30
Unrealized holding gains (losses), net	(12,968)		1,104	(11,864)	43,474	(2,288)	41,186
Change in current discount rate for liability for future policy benefits	33,995		(3,746)	30,249	(20,480)	873	(19,607)
Other comprehensive income (loss)	$	21,027	(2,642)	18,385	22,994	(1,415)	21,579