XML 46 R6.htm IDEA: XBRL DOCUMENT v2.4.1.9
UNAUDITED CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY (USD $)
In Thousands
Total
Excluding Life Funds Withheld Assets
Life Funds Withheld Assets
Ordinary Shares
Additional Paid in Capital
Accumulated Other Comprehensive Income (Loss)
Accumulated Other Comprehensive Income (Loss)
Excluding Life Funds Withheld Assets
Accumulated Other Comprehensive Income (Loss)
Life Funds Withheld Assets
Retained Earnings (Deficit)
Non-controlling Interest in Equity of Consolidated Subsidiaries
Balance, beginning of year at Dec. 31, 2013       $ 2,783us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_CommonStockMember
$ 7,994,100us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AdditionalPaidInCapitalMember
$ 736,657us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AccumulatedOtherComprehensiveIncomeMember
    $ 1,264,093us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_RetainedEarningsMember
$ 1,351,665us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_NoncontrollingInterestMember
Issuance of ordinary shares       10us-gaap_StockIssuedDuringPeriodValueNewIssues
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_CommonStockMember
7us-gaap_StockIssuedDuringPeriodValueNewIssues
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AdditionalPaidInCapitalMember
         
Buybacks of ordinary shares       (58)us-gaap_StockRepurchasedAndRetiredDuringPeriodValue
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_CommonStockMember
(168,144)us-gaap_StockRepurchasedAndRetiredDuringPeriodValue
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AdditionalPaidInCapitalMember
      (8,293)us-gaap_StockRepurchasedAndRetiredDuringPeriodValue
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_RetainedEarningsMember
 
Exercise of stock options       1us-gaap_StockIssuedDuringPeriodValueStockOptionsExercised
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_CommonStockMember
           
Exercise of stock options         1,309us-gaap_StockIssuedDuringPeriodValueStockOptionsExercisedNetOfTaxBenefitExpense
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AdditionalPaidInCapitalMember
         
Share-based compensation expense         1,396us-gaap_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AdditionalPaidInCapitalMember
      0us-gaap_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_RetainedEarningsMember
 
Change in net unrealized gains (losses) on investments, net of tax   241,390xlgroup_ChangeInNetUnrealizedGainsLossesOnInvestmentsNetOfTax
/ us-gaap_InvestmentTypeAxis
= xlgroup_ExcludeLifeFundsWithheldAssetsMember
0xlgroup_ChangeInNetUnrealizedGainsLossesOnInvestmentsNetOfTax
/ us-gaap_InvestmentTypeAxis
= xlgroup_LifeFundsWithheldAssetsMember
      241,390xlgroup_ChangeInNetUnrealizedGainsLossesOnInvestmentsNetOfTax
/ us-gaap_InvestmentTypeAxis
= xlgroup_ExcludeLifeFundsWithheldAssetsMember
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AccumulatedOtherComprehensiveIncomeMember
0xlgroup_ChangeInNetUnrealizedGainsLossesOnInvestmentsNetOfTax
/ us-gaap_InvestmentTypeAxis
= xlgroup_LifeFundsWithheldAssetsMember
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AccumulatedOtherComprehensiveIncomeMember
   
Change in adjustments related to future policy benefit reserves, net of tax (34,004)xlgroup_OtherComprehensiveIncomeCumulativeAdjustmentShadowLiabilityFuturePolicyBenefitReserve         (34,004)xlgroup_OtherComprehensiveIncomeCumulativeAdjustmentShadowLiabilityFuturePolicyBenefitReserve
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AccumulatedOtherComprehensiveIncomeMember
       
Change in net unrealized gains (losses) on affiliate and other investments, net of tax 3,123xlgroup_ChangeInNetUnrealizedGainsLossesOnAffiliateAndOtherInvestmentsNetOfTax         3,123xlgroup_ChangeInNetUnrealizedGainsLossesOnAffiliateAndOtherInvestmentsNetOfTax
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AccumulatedOtherComprehensiveIncomeMember
       
Change in OTTI losses recognized in other comprehensive income, net of tax 3,296xlgroup_ChangeInOttiLossesRecognizedInOtherComprehensiveIncomeNetOfTax         3,296xlgroup_ChangeInOttiLossesRecognizedInOtherComprehensiveIncomeNetOfTax
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AccumulatedOtherComprehensiveIncomeMember
       
Change in underfunded pension liability, net of tax (31)us-gaap_OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax         (31)us-gaap_OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AccumulatedOtherComprehensiveIncomeMember
       
Change in value of cash flow hedge 110us-gaap_OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax         110us-gaap_OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AccumulatedOtherComprehensiveIncomeMember
       
Foreign currency translation adjustments, net of tax (3,880)us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent         (3,880)us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AccumulatedOtherComprehensiveIncomeMember
       
Net income (loss) attributable to ordinary shareholders 255,717us-gaap_NetIncomeLoss               255,717us-gaap_NetIncomeLoss
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_RetainedEarningsMember
 
Dividends on ordinary shares                 (44,620)us-gaap_DividendsCommonStockCash
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_RetainedEarningsMember
 
Non-controlling interests - contributions                   7,001us-gaap_NoncontrollingInterestIncreaseFromBusinessCombination
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_NoncontrollingInterestMember
Non-controlling interests - distributions                   0us-gaap_MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_NoncontrollingInterestMember
Non-controlling interests                   346us-gaap_NetIncomeLossAttributableToNoncontrollingInterest
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_NoncontrollingInterestMember
Balance, end of year at Mar. 31, 2014 11,603,974us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest     2,736us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_CommonStockMember
7,828,668us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AdditionalPaidInCapitalMember
946,661us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AccumulatedOtherComprehensiveIncomeMember
    1,466,897us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_RetainedEarningsMember
1,359,012us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_NoncontrollingInterestMember
Balance, beginning of year at Dec. 31, 2014 11,435,766us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest     2,552us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_CommonStockMember
7,359,102us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AdditionalPaidInCapitalMember
1,484,458us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AccumulatedOtherComprehensiveIncomeMember
    1,187,639us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_RetainedEarningsMember
1,402,015us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_NoncontrollingInterestMember
Issuance of ordinary shares       15us-gaap_StockIssuedDuringPeriodValueNewIssues
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_CommonStockMember
6us-gaap_StockIssuedDuringPeriodValueNewIssues
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AdditionalPaidInCapitalMember
         
Buybacks of ordinary shares       (1)us-gaap_StockRepurchasedAndRetiredDuringPeriodValue
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_CommonStockMember
(1,573)us-gaap_StockRepurchasedAndRetiredDuringPeriodValue
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AdditionalPaidInCapitalMember
      (393)us-gaap_StockRepurchasedAndRetiredDuringPeriodValue
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_RetainedEarningsMember
 
Exercise of stock options       1us-gaap_StockIssuedDuringPeriodValueStockOptionsExercised
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_CommonStockMember
           
Exercise of stock options         1,771us-gaap_StockIssuedDuringPeriodValueStockOptionsExercisedNetOfTaxBenefitExpense
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AdditionalPaidInCapitalMember
         
Share-based compensation expense         1,832us-gaap_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AdditionalPaidInCapitalMember
      (6,746)us-gaap_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_RetainedEarningsMember
 
Change in net unrealized gains (losses) on investments, net of tax   60,345xlgroup_ChangeInNetUnrealizedGainsLossesOnInvestmentsNetOfTax
/ us-gaap_InvestmentTypeAxis
= xlgroup_ExcludeLifeFundsWithheldAssetsMember
37,115xlgroup_ChangeInNetUnrealizedGainsLossesOnInvestmentsNetOfTax
/ us-gaap_InvestmentTypeAxis
= xlgroup_LifeFundsWithheldAssetsMember
      60,345xlgroup_ChangeInNetUnrealizedGainsLossesOnInvestmentsNetOfTax
/ us-gaap_InvestmentTypeAxis
= xlgroup_ExcludeLifeFundsWithheldAssetsMember
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AccumulatedOtherComprehensiveIncomeMember
37,115xlgroup_ChangeInNetUnrealizedGainsLossesOnInvestmentsNetOfTax
/ us-gaap_InvestmentTypeAxis
= xlgroup_LifeFundsWithheldAssetsMember
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AccumulatedOtherComprehensiveIncomeMember
   
Change in adjustments related to future policy benefit reserves, net of tax 60,356xlgroup_OtherComprehensiveIncomeCumulativeAdjustmentShadowLiabilityFuturePolicyBenefitReserve         60,356xlgroup_OtherComprehensiveIncomeCumulativeAdjustmentShadowLiabilityFuturePolicyBenefitReserve
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AccumulatedOtherComprehensiveIncomeMember
       
Change in net unrealized gains (losses) on affiliate and other investments, net of tax 15,865xlgroup_ChangeInNetUnrealizedGainsLossesOnAffiliateAndOtherInvestmentsNetOfTax         15,865xlgroup_ChangeInNetUnrealizedGainsLossesOnAffiliateAndOtherInvestmentsNetOfTax
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AccumulatedOtherComprehensiveIncomeMember
       
Change in OTTI losses recognized in other comprehensive income, net of tax 9,858xlgroup_ChangeInOttiLossesRecognizedInOtherComprehensiveIncomeNetOfTax         9,858xlgroup_ChangeInOttiLossesRecognizedInOtherComprehensiveIncomeNetOfTax
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AccumulatedOtherComprehensiveIncomeMember
       
Change in underfunded pension liability, net of tax 975us-gaap_OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax         975us-gaap_OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AccumulatedOtherComprehensiveIncomeMember
       
Change in value of cash flow hedge 95us-gaap_OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax         95us-gaap_OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AccumulatedOtherComprehensiveIncomeMember
       
Foreign currency translation adjustments, net of tax 36,103us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent         36,103us-gaap_OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AccumulatedOtherComprehensiveIncomeMember
       
Net income (loss) attributable to ordinary shareholders 36,281us-gaap_NetIncomeLoss               36,281us-gaap_NetIncomeLoss
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_RetainedEarningsMember
 
Dividends on ordinary shares                 (41,599)us-gaap_DividendsCommonStockCash
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_RetainedEarningsMember
 
Non-controlling interests - contributions                   2,569us-gaap_NoncontrollingInterestIncreaseFromBusinessCombination
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_NoncontrollingInterestMember
Non-controlling interests - distributions                   (4,175)us-gaap_MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_NoncontrollingInterestMember
Non-controlling interests                   1,957us-gaap_NetIncomeLossAttributableToNoncontrollingInterest
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_NoncontrollingInterestMember
Balance, end of year at Mar. 31, 2015 $ 11,646,423us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest     $ 2,567us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_CommonStockMember
$ 7,361,138us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AdditionalPaidInCapitalMember
$ 1,705,170us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AccumulatedOtherComprehensiveIncomeMember
    $ 1,175,182us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_RetainedEarningsMember
$ 1,402,366us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_NoncontrollingInterestMember