v3.25.2
Other Comprehensive Income (Loss)
6 Months Ended
Jun. 30, 2025
Equity [Abstract]  
Other Comprehensive Income (Loss)

Note 6 -- Other Comprehensive Income (Loss)

Comprehensive income includes net income and other comprehensive income (loss), which relates to changes in unrealized gains or losses of available-for-sale fixed-maturity securities carried at fair value and changes to any credit losses related to these investments. Reclassification adjustments related to the gains or losses recognized on sales of available-for-sale fixed-maturity securities are reflected in net realized investment gains (losses) on the consolidated statements of income. The components of other comprehensive income (loss), inclusive of the related tax effects, were as follows:

 

 

 

Three Months Ended

 

 

Three Months Ended

 

 

 

June 30, 2025

 

 

June 30, 2024

 

 

 

Before

 

 

Income

 

 

Net of

 

 

Before

 

 

Income

 

 

Net of

 

 

 

Tax

 

 

Tax Effect

 

 

Tax

 

 

Tax

 

 

Tax Effect

 

 

Tax

 

Net unrealized (losses) gains

 

$

(232

)

 

$

(58

)

 

$

(174

)

 

$

705

 

 

$

177

 

 

$

528

 

Reclassification adjustment for net
   realized (gains) losses

 

 

(14

)

 

 

(4

)

 

 

(10

)

 

 

10

 

 

 

2

 

 

 

8

 

Other comprehensive (loss)
  income

 

$

(246

)

 

$

(62

)

 

$

(184

)

 

$

715

 

 

$

179

 

 

$

536

 

 

 

 

Six Months Ended

 

 

Six Months Ended

 

 

 

June 30, 2025

 

 

June 30, 2024

 

 

 

Before

 

 

Income

 

 

Net of

 

 

Before

 

 

Income

 

 

Net of

 

 

 

Tax

 

 

Tax Effect

 

 

Tax

 

 

Tax

 

 

Tax Effect

 

 

Tax

 

Net unrealized gains

 

$

2,577

 

 

$

645

 

 

$

1,932

 

 

$

757

 

 

$

190

 

 

$

567

 

Reclassification adjustment for net
   realized (gains) losses

 

 

(34

)

 

 

(9

)

 

 

(25

)

 

 

42

 

 

 

10

 

 

 

32

 

Other comprehensive income

 

$

2,543

 

 

$

636

 

 

$

1,907

 

 

$

799

 

 

$

200

 

 

$

599