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CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Revenues:      
Net premiums earned $ 5,895,070us-gaap_PremiumsEarnedNet $ 6,309,521us-gaap_PremiumsEarnedNet $ 6,090,437us-gaap_PremiumsEarnedNet
Net investment income 918,625us-gaap_InvestmentIncomeNet 957,716us-gaap_InvestmentIncomeNet 1,012,348us-gaap_InvestmentIncomeNet
Realized investment gains (losses):      
Total net realized gains (losses) on investments, and net unrealized gains (losses) on investments, Trading - Life Funds Withheld Assets 107,462us-gaap_MarketableSecuritiesGainLoss 87,777us-gaap_MarketableSecuritiesGainLoss 14,098us-gaap_MarketableSecuritiesGainLoss
Net realized and unrealized gains (losses) on derivative instruments 29,886us-gaap_DerivativeGainLossOnDerivativeNet 7,798us-gaap_DerivativeGainLossOnDerivativeNet 5,221us-gaap_DerivativeGainLossOnDerivativeNet
Income (loss) from investment fund affiliates 95,816xlgroup_IncomeLossFromEquityMethodInvestmentsInvestmentAffiliates 138,391xlgroup_IncomeLossFromEquityMethodInvestmentsInvestmentAffiliates 58,504xlgroup_IncomeLossFromEquityMethodInvestmentsInvestmentAffiliates
Fee income and other 43,630us-gaap_FeesAndCommissionsOther 40,031us-gaap_FeesAndCommissionsOther 51,789us-gaap_FeesAndCommissionsOther
Total revenues 6,602,267us-gaap_Revenues 7,541,234us-gaap_Revenues 7,232,397us-gaap_Revenues
Expenses:      
Net losses and loss expenses incurred 3,258,393us-gaap_PolicyholderBenefitsAndClaimsIncurredNet 3,731,464us-gaap_PolicyholderBenefitsAndClaimsIncurredNet 3,765,482us-gaap_PolicyholderBenefitsAndClaimsIncurredNet
Claims and policy benefits 242,963us-gaap_LiabilityForFuturePolicyBenefitsPeriodExpense 465,702us-gaap_LiabilityForFuturePolicyBenefitsPeriodExpense 486,195us-gaap_LiabilityForFuturePolicyBenefitsPeriodExpense
Acquisition costs 738,118us-gaap_DeferredPolicyAcquisitionCostAmortizationExpense 909,323us-gaap_DeferredPolicyAcquisitionCostAmortizationExpense 913,492us-gaap_DeferredPolicyAcquisitionCostAmortizationExpense
Operating expenses 1,341,315us-gaap_OperatingExpenses 1,213,178us-gaap_OperatingExpenses 1,173,955us-gaap_OperatingExpenses
Foreign exchange (gains) losses (37,568)us-gaap_ForeignCurrencyTransactionGainLossBeforeTax (28,243)us-gaap_ForeignCurrencyTransactionGainLossBeforeTax 10,545us-gaap_ForeignCurrencyTransactionGainLossBeforeTax
Loss on sale of life reinsurance subsidiary 666,423us-gaap_GainOrLossOnSaleOfStockInSubsidiary 0us-gaap_GainOrLossOnSaleOfStockInSubsidiary 0us-gaap_GainOrLossOnSaleOfStockInSubsidiary
Interest expense 134,106us-gaap_InterestExpense 155,462us-gaap_InterestExpense 172,204us-gaap_InterestExpense
Total expenses 6,343,750us-gaap_BenefitsLossesAndExpenses 6,446,886us-gaap_BenefitsLossesAndExpenses 6,521,873us-gaap_BenefitsLossesAndExpenses
Income (loss) before income tax and income (loss) from operating affiliates 258,517xlgroup_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromOperatingAffiliates 1,094,348xlgroup_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromOperatingAffiliates 710,524xlgroup_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromOperatingAffiliates
Income (loss) from operating affiliates 107,218xlgroup_IncomeLossFromEquityMethodInvestmentsOperatingAffiliates 119,804xlgroup_IncomeLossFromEquityMethodInvestmentsOperatingAffiliates 53,887xlgroup_IncomeLossFromEquityMethodInvestmentsOperatingAffiliates
Provision (benefit) for income tax 96,897us-gaap_IncomeTaxExpenseBenefit 77,505us-gaap_IncomeTaxExpenseBenefit 34,028us-gaap_IncomeTaxExpenseBenefit
Net income (loss) 268,838us-gaap_ProfitLoss 1,136,647us-gaap_ProfitLoss 730,383us-gaap_ProfitLoss
Non-controlling interests 80,498xlgroup_NonControllingInterestShareOfNetIncomeAndPreferredStockDividends 76,731xlgroup_NonControllingInterestShareOfNetIncomeAndPreferredStockDividends 79,255xlgroup_NonControllingInterestShareOfNetIncomeAndPreferredStockDividends
Net income (loss) attributable to ordinary shareholders 188,340us-gaap_NetIncomeLoss 1,059,916us-gaap_NetIncomeLoss 651,128us-gaap_NetIncomeLoss
Weighted average ordinary shares and ordinary share equivalents outstanding - basic (in shares) 267,103us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 287,801us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 307,372us-gaap_WeightedAverageNumberOfSharesOutstandingBasic
Weighted average ordinary shares and ordinary share equivalents outstanding - diluted (in shares) 271,527us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 292,069us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 310,282us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding
Earnings (loss) per ordinary share and ordinary share equivalent - basic (in dollars per share) $ 0.71us-gaap_EarningsPerShareBasic $ 3.68us-gaap_EarningsPerShareBasic $ 2.12us-gaap_EarningsPerShareBasic
Earnings (loss) per ordinary share and ordinary share equivalent - diluted (in dollars per share) $ 0.69us-gaap_EarningsPerShareDiluted $ 3.63us-gaap_EarningsPerShareDiluted $ 2.10us-gaap_EarningsPerShareDiluted
Exclude Life Funds Withheld Assets [Member]      
Revenues:      
Net investment income 789,050us-gaap_InvestmentIncomeNet
/ us-gaap_InvestmentTypeAxis
= xlgroup_ExcludeLifeFundsWithheldAssetsMember
957,716us-gaap_InvestmentIncomeNet
/ us-gaap_InvestmentTypeAxis
= xlgroup_ExcludeLifeFundsWithheldAssetsMember
1,012,348us-gaap_InvestmentIncomeNet
/ us-gaap_InvestmentTypeAxis
= xlgroup_ExcludeLifeFundsWithheldAssetsMember
Realized investment gains (losses):      
Net realized gains (losses) on investments sold 158,733us-gaap_GainLossOnSaleOfSecuritiesNet
/ us-gaap_InvestmentTypeAxis
= xlgroup_ExcludeLifeFundsWithheldAssetsMember
104,076us-gaap_GainLossOnSaleOfSecuritiesNet
/ us-gaap_InvestmentTypeAxis
= xlgroup_ExcludeLifeFundsWithheldAssetsMember
94,807us-gaap_GainLossOnSaleOfSecuritiesNet
/ us-gaap_InvestmentTypeAxis
= xlgroup_ExcludeLifeFundsWithheldAssetsMember
Other-than-temporary impairments (OTTI) on investments (33,508)us-gaap_MarketableSecuritiesRealizedGainLossOtherThanTemporaryImpairmentsAmount
/ us-gaap_InvestmentTypeAxis
= xlgroup_ExcludeLifeFundsWithheldAssetsMember
(10,266)us-gaap_MarketableSecuritiesRealizedGainLossOtherThanTemporaryImpairmentsAmount
/ us-gaap_InvestmentTypeAxis
= xlgroup_ExcludeLifeFundsWithheldAssetsMember
(54,301)us-gaap_MarketableSecuritiesRealizedGainLossOtherThanTemporaryImpairmentsAmount
/ us-gaap_InvestmentTypeAxis
= xlgroup_ExcludeLifeFundsWithheldAssetsMember
OTTI on investments transferred to (from) other comprehensive income (2,234)xlgroup_MarketableSecuritiesRealizedGainLossOtherThanTemporaryImpairmentsAmountTransferredToOtherComprehensiveIncome
/ us-gaap_InvestmentTypeAxis
= xlgroup_ExcludeLifeFundsWithheldAssetsMember
(6,033)xlgroup_MarketableSecuritiesRealizedGainLossOtherThanTemporaryImpairmentsAmountTransferredToOtherComprehensiveIncome
/ us-gaap_InvestmentTypeAxis
= xlgroup_ExcludeLifeFundsWithheldAssetsMember
(26,408)xlgroup_MarketableSecuritiesRealizedGainLossOtherThanTemporaryImpairmentsAmountTransferredToOtherComprehensiveIncome
/ us-gaap_InvestmentTypeAxis
= xlgroup_ExcludeLifeFundsWithheldAssetsMember
Total net realized gains (losses) on investments, and net unrealized gains (losses) on investments, Trading - Life Funds Withheld Assets 122,991us-gaap_MarketableSecuritiesGainLoss
/ us-gaap_InvestmentTypeAxis
= xlgroup_ExcludeLifeFundsWithheldAssetsMember
87,777us-gaap_MarketableSecuritiesGainLoss
/ us-gaap_InvestmentTypeAxis
= xlgroup_ExcludeLifeFundsWithheldAssetsMember
14,098us-gaap_MarketableSecuritiesGainLoss
/ us-gaap_InvestmentTypeAxis
= xlgroup_ExcludeLifeFundsWithheldAssetsMember
Life Funds Withheld Assets [Member]      
Revenues:      
Net investment income 129,575us-gaap_InvestmentIncomeNet
/ us-gaap_InvestmentTypeAxis
= xlgroup_LifeFundsWithheldAssetsMember
0us-gaap_InvestmentIncomeNet
/ us-gaap_InvestmentTypeAxis
= xlgroup_LifeFundsWithheldAssetsMember
0us-gaap_InvestmentIncomeNet
/ us-gaap_InvestmentTypeAxis
= xlgroup_LifeFundsWithheldAssetsMember
Realized investment gains (losses):      
Net realized gains (losses) on investments sold 5,067us-gaap_GainLossOnSaleOfSecuritiesNet
/ us-gaap_InvestmentTypeAxis
= xlgroup_LifeFundsWithheldAssetsMember
0us-gaap_GainLossOnSaleOfSecuritiesNet
/ us-gaap_InvestmentTypeAxis
= xlgroup_LifeFundsWithheldAssetsMember
0us-gaap_GainLossOnSaleOfSecuritiesNet
/ us-gaap_InvestmentTypeAxis
= xlgroup_LifeFundsWithheldAssetsMember
Other-than-temporary impairments (OTTI) on investments (20,587)us-gaap_MarketableSecuritiesRealizedGainLossOtherThanTemporaryImpairmentsAmount
/ us-gaap_InvestmentTypeAxis
= xlgroup_LifeFundsWithheldAssetsMember
0us-gaap_MarketableSecuritiesRealizedGainLossOtherThanTemporaryImpairmentsAmount
/ us-gaap_InvestmentTypeAxis
= xlgroup_LifeFundsWithheldAssetsMember
0us-gaap_MarketableSecuritiesRealizedGainLossOtherThanTemporaryImpairmentsAmount
/ us-gaap_InvestmentTypeAxis
= xlgroup_LifeFundsWithheldAssetsMember
Net unrealized gains (losses) on investments, Trading - Life Funds Withheld Assets (9)us-gaap_TradingSecuritiesUnrealizedHoldingGainLoss
/ us-gaap_InvestmentTypeAxis
= xlgroup_LifeFundsWithheldAssetsMember
0us-gaap_TradingSecuritiesUnrealizedHoldingGainLoss
/ us-gaap_InvestmentTypeAxis
= xlgroup_LifeFundsWithheldAssetsMember
0us-gaap_TradingSecuritiesUnrealizedHoldingGainLoss
/ us-gaap_InvestmentTypeAxis
= xlgroup_LifeFundsWithheldAssetsMember
Net realized and unrealized gains (losses) on derivative instruments $ (488,222)us-gaap_DerivativeGainLossOnDerivativeNet
/ us-gaap_InvestmentTypeAxis
= xlgroup_LifeFundsWithheldAssetsMember
$ 0us-gaap_DerivativeGainLossOnDerivativeNet
/ us-gaap_InvestmentTypeAxis
= xlgroup_LifeFundsWithheldAssetsMember
$ 0us-gaap_DerivativeGainLossOnDerivativeNet
/ us-gaap_InvestmentTypeAxis
= xlgroup_LifeFundsWithheldAssetsMember