The following table sets out the components of the Company’s Accumulated Other Comprehensive Income (“AOCI”) that are reclassified into the consolidated statement of operations for the twelve months ended December 31, 2025, 2024 and 2023: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Amount Reclassified from AOCI | | | | Details about the AOCI Components | | Twelve Months Ended December 31, 2025 | | Twelve Months Ended December 31, 2024 | | Twelve Months Ended December 31, 2023 | | Affected Line Item in the Consolidated Statement of Operations | | | | | | | | | | | | | ($ in millions) | | | | Available for sale: | | | | | | Realized (gains) on sale of securities | | $ | (25.8) | | | $ | (3.2) | | | $ | (2.2) | | | Realized and unrealized investment gains | | Realized losses on sale of securities | | 68.8 | | | 62.6 | | | 42.4 | | | Realized and unrealized investment losses | | | 43.0 | | | 59.4 | | | 40.2 | | | Income from operations before income tax | | Tax on net realized losses on sale of securities | | (8.7) | | | (11.5) | | | (6.6) | | | Income tax (expense)/benefit | | | $ | 34.3 | | | $ | 47.9 | | | $ | 33.6 | | | Net income | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Realized derivatives: | | | | | | | | | | Net realized (gains)/losses on settled derivatives | | $ | (0.7) | | | $ | 0.9 | | | $ | (8.1) | | | General, administrative and corporate expenses | | Tax on settled derivatives | | 0.2 | | | (0.2) | | | — | | | Income tax (expense)/benefit | | | $ | (0.5) | | | $ | 0.7 | | | $ | (8.1) | | | Net income | | Total reclassifications from AOCI to the statement of operations, net of income tax | | $ | 33.8 | | | $ | 48.6 | | | $ | 25.5 | | | Net income |
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