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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2015
Dec. 31, 2014
Investments:    
Fixed maturities, at fair value (amortized cost: 2015, $31,517,654; 2014, $27,728,771) $ 32,257,589 $ 29,359,034
Equity securities, at fair value (cost: 2015, $834,079; 2014, $763,833) 878,919 868,292
Short-term investments, at fair value (amortized cost: 2015, $618,851; 2014, $257,221) 617,390 256,727
Total investments available for sale 33,753,898 30,484,053
Fixed maturities, at fair value (amortized cost: 2015, $1,263,609; 2014, $1,180) 1,235,699 1,171
Short-term investments, at fair value (amortized cost: 2015, $60,176; 2014, nil) 60,330 0
Total investments trading 1,296,029 1,171
Investments in affiliates 1,708,899 1,637,620
Other investments 1,433,057 1,248,439
Total investments 38,191,883 33,371,283
Cash and cash equivalents 3,256,236 2,521,814
Restricted cash 154,992 0
Accrued investment income 312,667 315,964
Deferred acquisition costs and value of business acquired 890,568 354,533
Ceded unearned premiums 1,821,793 952,525
Premiums receivable 4,712,493 2,473,736
Reinsurance balances receivable 418,666 131,519
Unpaid losses and loss expenses recoverable 5,262,706 3,429,368
Receivable from investments sold 231,158 92,762
Goodwill and other intangible assets 2,210,266 447,952
Deferred tax asset 282,311 204,491
Other assets 937,199 750,872
Total assets 58,682,938 45,046,819
Liabilities:    
Unpaid losses and loss expenses 25,439,744 19,353,243
Deposit liabilities 1,168,376 1,245,367
Future policy benefit reserves 4,163,500 4,707,199
Funds withheld on GreyCastle life retrocession arrangements (net of future policy benefit reserves recoverable: 2015, $3,719,131; 2014, $4,265,678) 914,629 1,155,016
Unearned premiums 7,043,358 3,973,132
Notes payable and debt [1] 2,644,970 1,662,580
Reinsurance balances payable 2,117,727 493,230
Payable for investments purchased 130,060 42,291
Deferred tax liability 120,651 66,246
Other liabilities 1,285,460 912,749
Total liabilities $ 45,028,475 $ 33,611,053
Commitments and Contingencies
Shareholders' Equity:    
Ordinary shares, 999,990,000 authorized, par value $0.01; issued and outstanding (2015, 294,745,045; 2014, 255,182,955) $ 2,947 $ 2,552
Additional paid in capital 8,910,167 7,359,102
Accumulated other comprehensive income 686,616 1,484,458
Retained earnings 2,077,349 1,187,639
Shareholders' equity attributable to XL Group plc 11,677,079 10,033,751
Non-controlling interest in equity of consolidated subsidiaries 1,977,384 1,402,015
Total shareholders' equity 13,654,463 11,435,766
Total liabilities and shareholders' equity $ 58,682,938 $ 45,046,819
[1] "In Use/Outstanding" data represent December 31, 2015 and December 31, 2014 accreted values.