XML 63 R36.htm IDEA: XBRL DOCUMENT v3.2.0.727
Acquisition and Disposals - Acquisition narrative (Details)
£ / shares in Units, $ / shares in Units, £ in Thousands, $ in Thousands
6 Months Ended
May. 01, 2015
USD ($)
shares
$ / shares
May. 01, 2015
GBP (£)
shares
£ / shares
Jun. 30, 2015
USD ($)
$ / shares
Mar. 30, 2015
USD ($)
Jan. 08, 2015
GBP (£)
Dec. 31, 2014
USD ($)
$ / shares
Business Acquisition [Line Items]            
Ordinary shares, par value (in dollars per share) | $ / shares     $ 0.01     $ 0.01
Goodwill     $ 1,190,230     $ 415,936
Face amount of issued debt     2,763,142     $ 1,675,000
Goodwill acquired during the period     778,043      
Indefinite-lived intangible assets acquired during the period     673,000      
Finite-lived intangible assets acquired during the period     315,000      
Intangibles Assets Arising from Insurance Contracts Acquired in Business Combination, Amortization Expense     $ 183,300      
Catlin Group Limited            
Business Acquisition [Line Items]            
Ordinary shares, par value (in dollars per share) | $ / shares $ 0.01          
Cash price component, per share in GBP | £ / shares   £ 3.88        
Exchange ratio per the merger agreement | shares 0.13 0.13        
Share issuance to Catlin shareholders | shares 49,935,000 49,935,000        
Cash consideration $ 2,287,579 £ 1,490,377        
Face amount of issued debt       $ 1,000,000    
Goodwill acquired during the period 778,043          
Indefinite-lived intangible assets acquired during the period 673,000          
Finite-lived intangible assets acquired during the period 315,000          
VOBA, amortization period     2 years      
Adjustment to reserves, amortization period     20 years      
Deferred tax liability 94,071          
Acquisition related costs     $ 61,800      
Business Combination Measurement Period     12 months      
Catlin Group Limited | Operating expense            
Business Acquisition [Line Items]            
Acquisition related costs     $ 47,300      
Catlin Group Limited | Interest expense            
Business Acquisition [Line Items]            
Acquisition related costs     $ 14,500      
Catlin Group Limited | Net deferred tax liability excluding valuation allowance            
Business Acquisition [Line Items]            
Deferred tax liability 22,100          
Catlin Group Limited | Valuation allowance            
Business Acquisition [Line Items]            
Deferred tax liability 72,000          
Catlin Group Limited | Intangible assets            
Business Acquisition [Line Items]            
Deferred tax liability 133,800          
Catlin Group Limited | Loss carryforwards            
Business Acquisition [Line Items]            
Deferred tax liability 17,400          
Catlin Group Limited | Unpaid losses and loss adjustment expenses, deferred acquisition costs and VOBA            
Business Acquisition [Line Items]            
Deferred tax liability 8,800          
Catlin Group Limited | Other temporary differences            
Business Acquisition [Line Items]            
Deferred tax liability 500          
Catlin Group Limited | Fixed assets            
Business Acquisition [Line Items]            
Deferred tax liability 13,000          
Catlin Group Limited | Cash on hand            
Business Acquisition [Line Items]            
Cash consideration 1,310,000          
Catlin Group Limited | Proceeds from debt issuance            
Business Acquisition [Line Items]            
Cash consideration $ 980,600          
Catlin Group Limited | XL Cayman            
Business Acquisition [Line Items]            
Available letter of credit facilities - commitments | £         £ 1,600,000