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Condensed Consolidated Statements of Comprehensive Income (Loss) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Net income $ 173,048 $ 186,566 $ 338,588 $ 371,911
Unrealized gains (losses) on securities:        
Unrealized gains (losses) 1,454,011 718,236 491,370 1,413,175
Less applicable tax (expense) benefit (305,338) (150,829) (103,188) (296,765)
Unrealized gains (losses) on investments, net of tax 1,148,673 567,407 388,182 1,116,410
Deferred acquisition costs:        
Unrealized gains (losses) attributable to deferred acquisition costs 382 170 765 (3,029)
Less applicable tax (expense) benefit (81) (35) (161) 636
Unrealized gains (losses) attributable to deferred acquisition costs, net of tax 301 135 604 (2,393)
Foreign exchange translation:        
Foreign exchange translation adjustments, other than securities 16,947 (38) (10,495) 3,051
Less applicable tax (expense) benefit (3,560) 7 2,203 (640)
Foreign exchange translation adjustments, other than securities, net of tax 13,387 (31) (8,292) 2,411
Pension:        
Amortization of pension costs 4,158 2,118 8,315 4,238
Less applicable tax (expense) benefit (873) (446) (1,746) (891)
Pension adjustments, net of tax 3,285 1,672 6,569 3,347
Other comprehensive income (loss) 1,165,646 569,183 387,063 1,119,775
Comprehensive income (loss) 1,338,694 755,749 725,651 1,491,686
Securities        
Unrealized gains (losses) on securities:        
Unrealized holding gains (losses) arising during period 1,459,508 714,862 481,572 1,408,344
Other reclassification adjustments included in net income (3,190) (843) 25,222 (3,287)
Foreign exchange adjustment on securities recorded at fair value 233 626 (2,164) 484
Unrealized gains (losses) 1,456,551 714,645 504,630 1,405,541
Other investments        
Unrealized gains (losses) on securities:        
Unrealized holding gains (losses) arising during period $ (2,540) $ 3,591    
Unrealized gains (losses)     $ (13,260) $ 7,634