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Accumulated Other Comprehensive Income (Loss)
 6 Months Ended
Jun. 30, 2020
Equity [Abstract]  
Accumulated Other Comprehensive Income (Loss)
AOCI represents the accumulated change in shareholders’ equity from transactions and other events and circumstances from non-shareholder sources. For the Company, AOCI includes the after tax change in net unrealized investment gains (losses) on fixed maturity securities and the after tax change in net funded status of benefit plans for the periods as shown in the Consolidated Statements of Changes in Shareholders’ Equity. The following table reconciles these components.
($ in thousands)
 
Net Unrealized Investment
 Gains (Losses)
 on
Securities (1)(2)
 
Net Funded Status of
Benefit Plans (1)
 
Total (1)
Beginning balance, April 1, 2020
 
$
136,679

 
$
(10,767
)
 
$
125,912

Other comprehensive income (loss) before reclassifications
 
147,529

 
—

 
147,529

Amounts reclassified from AOCI
 
(5,079
)
 
—

 
(5,079
)
Net current period other comprehensive income (loss)
 
142,450

 
—

 
142,450

Ending balance, June 30, 2020
 
$
279,129

 
$
(10,767
)
 
$
268,362

 
 
 
 
 
 
 
Beginning balance, January 1, 2020
 
$
230,448

 
$
(10,767
)
 
$
219,681

Other comprehensive income (loss) before reclassifications
 
42,999

 
—

 
42,999

Amounts reclassified from AOCI
 
5,682

 
—

 
5,682

Net current period other comprehensive income (loss)
 
48,681

 
—

 
48,681

Ending balance, June 30, 2020
 
$
279,129

 
$
(10,767
)
 
$
268,362

(1) 
All amounts are net of tax.
(2) 
The pretax amounts reclassified from AOCI, $6.4 million and $(7.2) million, are included in Net investment gains (losses) and the related income tax expenses, $1.4 million and $(1.5) million, are included in income tax expense in the Consolidated Statements of Operations for the three and six month periods ended June 30, 2020, respectively.

($ in thousands)
 
Net Unrealized Investment
Gains (Losses)
on
Securities (1)(2)
 
Net Funded Status of
Benefit Plans (1)
 
Total (1)
Beginning balance, April 1, 2019
 
$
210,839

 
$
(12,185
)
 
$
198,654

Other comprehensive income (loss) before reclassifications
 
107,163

 
—

 
107,163

Amounts reclassified from AOCI
 
(114,925
)
 
—

 
(114,925
)
Net current period other comprehensive income (loss)
 
(7,762
)
 
—

 
(7,762
)
Ending balance, June 30, 2019
 
$
203,077

 
$
(12,185
)
 
$
190,892

 
 
 
 
 
 
 
Beginning balance, January 1, 2019
 
$
96,941

 
$
(12,185
)
 
$
84,756

Other comprehensive income (loss) before reclassifications
 
227,466

 
—

 
227,466

Amounts reclassified from AOCI
 
(121,330
)
 
—

 
(121,330
)
Net current period other comprehensive income (loss)
 
106,136

 
—

 
106,136

Ending balance, June 30, 2019
 
$
203,077

 
$
(12,185
)
 
$
190,892

(1)    All amounts are net of tax.
(2) 
The pretax amounts reclassified from AOCI, $145.5 million and $153.6 million, are included in Net investment gains (losses) and the related income tax expenses, $30.5 million and $32.3 million, are included in Income tax expense in the Consolidated Statements of Operations for the three and six month periods ended June 30, 2019, respectively.

Comparative information for elements that are not required to be reclassified in their entirety to net income in the same reporting period is disclosed in Note 2.