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CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY (USD $)
In Thousands
Total
Ordinary Shares
Additional Paid in Capital
Accumulated Other Comprehensive Income (Loss)
Retained Earnings (Deficit)
Non-controlling Interest in Equity of Consolidated Subsidiaries
Balance, beginning of year at Dec. 31, 2010   $ 3,165 $ 8,993,016 $ 100,795 $ 500,497 $ 1,002,296
Issuance of ordinary shares   307 572,708      
Buybacks of ordinary shares   (317) (666,705)   0  
Exercise of stock options   1        
Exercise of stock options, net of tax     1,333      
Share based compensation expense     38,327      
Change in net unrealized gains (losses) on investments, net of tax 446,427     446,427    
Change in net unrealized gains (losses) on affiliate and other investments, net of tax 25,269     25,269    
Change in OTTI losses recognized in other comprehensive income, net of tax 39,456     39,456    
Change in underfunded pension liability (2,622)     (2,622)    
Change in value of cash flow hedge 440     440    
Foreign currency translation adjustments (26,700)     (26,700)    
Net income (loss) attributable to ordinary shareholders (474,760)       (474,760)  
Dividends on ordinary shares         (138,979)  
Non-controlling interests - contributions           0
Non-controlling interests - distributions           0
Non-controlling interests           (83)
Non-controlling interest share in change in accumulated other comprehensive income (loss)           (2,241)
Non-controlling interests - deconsolidation           0
Issuance of Series D preference ordinary shares           350,000
Purchase of Series D preference ordinary shares           (5,000)
Purchase of Series E preference ordinary shares           (500)
Balance, end of year at Dec. 31, 2011 10,756,130 3,156 8,938,679 583,065 (113,242) 1,344,472
Issuance of ordinary shares   10 1,387      
Buybacks of ordinary shares   (183) (402,748)   0  
Exercise of stock options   4        
Exercise of stock options, net of tax     5,545      
Share based compensation expense     41,889      
Change in net unrealized gains (losses) on investments, net of tax 841,215     841,215    
Change in net unrealized gains (losses) on affiliate and other investments, net of tax 46,162     46,162    
Change in OTTI losses recognized in other comprehensive income, net of tax 67,280     67,280    
Change in underfunded pension liability (9,985)     (9,985)    
Change in value of cash flow hedge 439     439    
Foreign currency translation adjustments (8,156)     (8,156)    
Net income (loss) attributable to ordinary shareholders 651,128       651,128  
Dividends on ordinary shares         (135,568)  
Non-controlling interests - contributions           1,500
Non-controlling interests - distributions           0
Non-controlling interests           113
Non-controlling interest share in change in accumulated other comprehensive income (loss)           240
Non-controlling interests - deconsolidation           0
Issuance of Series D preference ordinary shares           0
Purchase of Series D preference ordinary shares           0
Purchase of Series E preference ordinary shares           0
Balance, end of year at Dec. 31, 2012 11,856,402 2,987 8,584,752 1,520,020 402,318 1,346,325
Issuance of ordinary shares   13 29      
Buybacks of ordinary shares   (226) (639,292)   (36,098)  
Exercise of stock options   9        
Exercise of stock options, net of tax     12,614      
Share based compensation expense     35,997      
Change in net unrealized gains (losses) on investments, net of tax (798,924)     (798,924)    
Change in net unrealized gains (losses) on affiliate and other investments, net of tax 26,637     26,637    
Change in OTTI losses recognized in other comprehensive income, net of tax 32,181     32,181    
Change in underfunded pension liability 11,162     11,162    
Change in value of cash flow hedge 439     439    
Foreign currency translation adjustments (54,858)     (54,858)    
Net income (loss) attributable to ordinary shareholders 1,059,916       1,059,916  
Dividends on ordinary shares         (162,043)  
Non-controlling interests - contributions           7,747
Non-controlling interests - distributions           (37)
Non-controlling interests           (500)
Non-controlling interest share in change in accumulated other comprehensive income (loss)           (29)
Non-controlling interests - deconsolidation           (1,841)
Issuance of Series D preference ordinary shares           0
Purchase of Series D preference ordinary shares           0
Purchase of Series E preference ordinary shares           0
Balance, end of year at Dec. 31, 2013 $ 11,349,298 $ 2,783 $ 7,994,100 $ 736,657 $ 1,264,093 $ 1,351,665