v3.26.1
OTHER COMPREHENSIVE INCOME (LOSS)
 6 Months Ended
Jun. 30, 2026
Equity [Abstract]  
OTHER COMPREHENSIVE INCOME (LOSS) OTHER COMPREHENSIVE INCOME (LOSS)
The following table presents the tax effects allocated to each component of other comprehensive income (loss):
20262025
Before tax amountIncome tax (expense) benefitNet of tax amountBefore tax amountIncome tax (expense) benefitNet of tax amount
Three months ended June 30,
Available for sale investments:
Unrealized gains (losses) arising during the period for which an allowance for expected credit losses has not been recognized $(17,079)$3,870 $(13,209)$130,559 $(26,013)$104,546 
Unrealized gains (losses) arising during the period for which an allowance for expected credit losses has been recognized (507)90 (417)692 (117)575 
Adjustment for reclassification of net realized (gains) losses and impairment losses recognized in net income (loss)
9,277 (1,742)7,535 11,006 (1,484)9,522 
Unrealized gains (losses) arising during the period, net of reclassification adjustment
(8,309)2,218 (6,091)142,257 (27,614)114,643 
Foreign currency translation adjustment(4,584)— (4,584)16,023 — 16,023 
Total other comprehensive income (loss), net of tax
$(12,893)$2,218 $(10,675)$158,280 $(27,614)$130,666 
Six months ended June 30,
Available for sale investments:
Unrealized gains (losses) arising during the period for which an allowance for expected credit losses has not been recognized$(173,491)$40,077 $(133,414)$232,201 $(40,125)$192,076 
Unrealized gains (losses) arising during the period for which an allowance for expected credit losses has been recognized(2,121)351 (1,770)300 (58)242 
Adjustment for reclassification of net realized (gains) losses and impairment losses recognized in net income (loss)
8,060 (1,465)6,595 45,316 (7,654)37,662 
Unrealized gains (losses) arising during the period, net of reclassification adjustment
(167,552)38,963 (128,589)277,817 (47,837)229,980 
Foreign currency translation adjustment(7,645)— (7,645)15,867 — 15,867 
Total other comprehensive income (loss), net of tax
$(175,197)$38,963 $(136,234)$293,684 $(47,837)$245,847 

The following table presents details of amounts reclassified from accumulated other comprehensive income (loss) ("AOCI") to net income (loss):
Amount reclassified from AOCI(1)
AOCI ComponentsConsolidated statement of operations line item that includes reclassification adjustmentThree months ended June 30,Six months ended June 30,
2026202520262025
Unrealized gains (losses) on available for sale investments
Other realized and unrealized investment gains (losses)
$(9,161)$(10,606)$(7,677)$(42,990)
Impairment losses(116)(400)(383)(2,326)
Total before tax(9,277)(11,006)(8,060)(45,316)
Income tax benefit1,742 1,484 1,465 7,654 
Net of tax$(7,535)$(9,522)$(6,595)$(37,662)
(1)     Amounts in parentheses are charges to net income (loss).