| Schedule of Change in Balance by Component of Accumulated Other Comprehensive Income |
An analysis of the change in balance by component of Accumulated Other Comprehensive Income is as follows for the three and six month periods ended June 30, 2025 and 2024: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, 2025 | | | Available
for Sale
Assets | | Future Policy Benefits | | | | Foreign
Exchange | | Pension
Adjustments | | Total | Balance at April 1, 2025 | $ | (1,152,648) | | | $ | (819,131) | | | | | $ | (19,844) | | | $ | 20,750 | | | $ | (1,970,873) | | | Other comprehensive income (loss) before reclassifications, net of tax | (107,155) | | | 72,862 | | | | | 12,875 | | | — | | | (21,418) | | | Reclassifications, net of tax | 8,376 | | | — | | | | | — | | | 47 | | | 8,423 | | | Other comprehensive income (loss) | (98,779) | | | 72,862 | | | | | 12,875 | | | 47 | | | (12,995) | | Balance at June 30, 2025 | $ | (1,251,427) | | | $ | (746,269) | | | | | $ | (6,969) | | | $ | 20,797 | | | $ | (1,983,868) | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, 2024 | | | Available
for Sale
Assets | | Future Policy Benefits | | | | Foreign
Exchange | | Pension
Adjustments | | Total | Balance at April 1, 2024 | $ | (1,069,185) | | | $ | (1,390,759) | | | | | $ | (5,232) | | | $ | (2,060) | | | $ | (2,467,236) | | | Other comprehensive income (loss) before reclassifications, net of tax | (207,874) | | | 479,042 | | | | | 506 | | | — | | | 271,674 | | | Reclassifications, net of tax | 5,846 | | | — | | | | | — | | | 96 | | | 5,942 | | | Other comprehensive income (loss) | (202,028) | | | 479,042 | | | | | 506 | | | 96 | | | 277,616 | | Balance at June 30, 2024 | $ | (1,271,213) | | | $ | (911,717) | | | | | $ | (4,726) | | | $ | (1,964) | | | $ | (2,189,620) | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Six Months Ended June 30, 2025 | | | Available
for Sale
Assets | | Future Policy Benefits | | | | Foreign
Exchange | | Pension
Adjustments | | Total | Balance at January 1, 2025 | $ | (1,319,618) | | | $ | (709,042) | | | | | $ | (21,757) | | | $ | 20,697 | | | $ | (2,029,720) | | | Other comprehensive income (loss) before reclassifications, net of tax | 62,454 | | | (37,227) | | | | | 14,788 | | | — | | | 40,015 | | | Reclassifications, net of tax | 5,737 | | | — | | | | | — | | | 100 | | | 5,837 | | | Other comprehensive income (loss) | 68,191 | | | (37,227) | | | | | 14,788 | | | 100 | | | 45,852 | | Balance at June 30, 2025 | $ | (1,251,427) | | | $ | (746,269) | | | | | $ | (6,969) | | | $ | 20,797 | | | $ | (1,983,868) | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Six Months Ended June 30, 2024 | | | Available
for Sale
Assets | | Future Policy Benefits | | | | Foreign
Exchange | | Pension
Adjustments | | Total | Balance at January 1, 2024 | $ | (827,596) | | | $ | (1,947,391) | | | | | $ | 4,719 | | | $ | (2,151) | | | $ | (2,772,419) | | | Other comprehensive income (loss) before reclassifications, net of tax | (447,558) | | | 1,035,674 | | | | | (9,445) | | | — | | | 578,671 | | | Reclassifications, net of tax | 3,941 | | | — | | | | | — | | | 187 | | | 4,128 | | | Other comprehensive income (loss) | (443,617) | | | 1,035,674 | | | | | (9,445) | | | 187 | | | 582,799 | | Balance at June 30, 2024 | $ | (1,271,213) | | | $ | (911,717) | | | | | $ | (4,726) | | | $ | (1,964) | | | $ | (2,189,620) | |
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| Schedule of Reclassifications Out of Accumulated Other Comprehensive Income |
Reclassification adjustments out of accumulated other comprehensive income are presented below for the three and six month periods ended June 30, 2025 and 2024. | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended
June 30, | | Six Months Ended June 30, | | Affected line items in the Statements of Operations | | Component Line Item | | 2025 | | 2024 | | 2025 | | 2024 | | | Unrealized investment (gains) losses on available for sale assets: | | | | | | | | | | | | Realized (gains) losses | | $ | 12,837 | | | $ | 10,217 | | | $ | 12,009 | | | $ | 9,989 | | | Realized (gains) losses | | | | | | | | | | | | | Amortization of (discount) premium | | (2,234) | | | (2,817) | | | (4,747) | | | (5,001) | | | Net investment income | | Total before tax | | 10,603 | | | 7,400 | | | 7,262 | | | 4,988 | | | | | Tax | | (2,227) | | | (1,554) | | | (1,525) | | | (1,047) | | | Income taxes | | Total after-tax | | 8,376 | | | 5,846 | | | 5,737 | | | 3,941 | | | | | Pension adjustments: | | | | | | | | | | | | Amortization of prior service cost | | 292 | | | 269 | | | 584 | | | 538 | | | Other operating expense | | Amortization of actuarial (gain) loss | | (233) | | | (151) | | | (457) | | | (302) | | | Other operating expense | | Total before tax | | 59 | | | 118 | | | 127 | | | 236 | | | | | Tax | | (12) | | | (22) | | | (27) | | | (49) | | | Income taxes | | Total after-tax | | 47 | | | 96 | | | 100 | | | 187 | | | | Total reclassification (after-tax) | | $ | 8,423 | | | $ | 5,942 | | | $ | 5,837 | | | $ | 4,128 | | | |
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