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Guarantor Financial Information (Tables)
3 Months Ended 12 Months Ended
Mar. 31, 2016
Dec. 31, 2015
Guarantor Financial Information [Abstract]    
Condensed Balance Sheet [Table Text Block]
 
March 31, 2016
Condensed Consolidating Balance Sheet
(U.S. dollars in thousands, except share data)
XL- Ireland
 
XL-Cayman
 
Other XL-Ireland Subsidiaries
 
Consolidating Adjustments and Eliminations
 
XL-Ireland Consolidated
ASSETS
 
 
 
 
 
 
 
 
 
Investments:
 
 
 
 
 
 
 
 
 

Total investments available for sale
$

 
$
554,958

 
$
33,288,326

 
$

 
$
33,843,284

Total investments trading

 

 
1,436,542

 

 
1,436,542

Investments in affiliates

 

 
1,953,711

 

 
1,953,711

Other investments

 
959

 
1,452,931

 

 
1,453,890

Total investments
$

 
$
555,917

 
$
38,131,510

 
$

 
$
38,687,427

Cash and cash equivalents
8,681

 
287,464

 
2,524,752

 

 
2,820,897

Restricted cash

 

 
161,019

 

 
161,019

Investments in subsidiaries
12,082,624

 
16,336,128

 

 
(28,418,752
)
 

Accrued investment income

 
2,654

 
288,362

 

 
291,016

Deferred acquisition costs and value of business acquired

 

 
1,057,941

 

 
1,057,941

Ceded unearned premiums

 

 
2,255,664

 

 
2,255,664

Premiums receivable

 

 
6,041,000

 

 
6,041,000

Reinsurance balances receivable

 

 
469,009

 

 
469,009

Unpaid losses and loss expenses recoverable

 

 
5,374,604

 

 
5,374,604

Receivable from investments sold

 

 
65,471

 

 
65,471

Goodwill and other intangible assets

 

 
2,233,597

 

 
2,233,597

Deferred tax asset

 

 
245,927

 

 
245,927

Amounts due from subsidiaries / parent

 

 
1,473,030

 
(1,473,030
)
 

Other assets
1,339

 
42,782

 
897,999

 

 
942,120

Total assets
$
12,092,644

 
$
17,224,945

 
$
61,219,885

 
$
(29,891,782
)
 
$
60,645,692

 
 
 
 
 
 
 
 
 
 
LIABILITIES AND SHAREHOLDERS’ EQUITY
 
 
 
 
 
 
 
 
 
Liabilities:
 
 
 
 
 
 
 
 
 

Unpaid losses and loss expenses
$

 
$

 
$
25,913,484

 
$

 
$
25,913,484

Deposit liabilities

 

 
1,170,595

 

 
1,170,595

Future policy benefit reserves

 

 
4,020,602

 

 
4,020,602

Funds withheld on GreyCastle life retrocession arrangements

 

 
998,391

 

 
998,391

Unearned premiums

 

 
8,217,539

 

 
8,217,539

Notes payable and debt

 
2,645,647

 
8,248

 

 
2,653,895

Reinsurance balances payable

 

 
2,583,962

 

 
2,583,962

Payable for investments purchased

 

 
74,476

 

 
74,476

Deferred tax liability

 

 
105,589

 

 
105,589

Amounts due to subsidiaries / parent
394,351

 
1,078,679

 

 
(1,473,030
)
 

Other liabilities
9,549

 
73,495

 
1,156,397

 

 
1,239,441

Total liabilities
$
403,900

 
$
3,797,821

 
$
44,249,283

 
$
(1,473,030
)
 
$
46,977,974

 
 
 
 
 
 
 
 
 
 
Shareholders’ Equity:
 
 
 
 
 
 
 
 
 

Shareholders’ equity attributable to XL Group plc
$
11,688,744

 
$
12,082,624

 
$
16,336,128

 
$
(28,418,752
)
 
$
11,688,744

Non-controlling interest in equity of consolidated subsidiaries

 
1,344,500

 
634,474

 

 
1,978,974

Total shareholders’ equity
$
11,688,744

 
$
13,427,124

 
$
16,970,602

 
$
(28,418,752
)
 
$
13,667,718

Total liabilities and shareholders’ equity
$
12,092,644

 
$
17,224,945

 
$
61,219,885

 
$
(29,891,782
)
 
$
60,645,692

 
December 31, 2015
Condensed Consolidating Balance Sheet
(U.S. dollars in thousands, except share data)
XL- Ireland
 
XL-Cayman
 
Other XL-Ireland Subsidiaries
 
Consolidating Adjustments and Eliminations
 
XL-Ireland Consolidated
ASSETS
 
 
 
 
 
 
 
 
 
Investments:
 
 
 
 
 
 
 
 
 

Total investments available for sale
$

 
$
516,425

 
$
33,237,473

 
$

 
$
33,753,898

Total investments trading

 

 
1,296,029

 

 
1,296,029

Investments in affiliates

 

 
1,708,899

 

 
1,708,899

Other investments

 
877

 
1,432,180

 

 
1,433,057

Total investments
$

 
$
517,302

 
$
37,674,581

 
$

 
$
38,191,883

Cash and cash equivalents
11,557

 
369,997

 
2,874,682

 

 
3,256,236

Restricted cash

 

 
154,992

 

 
154,992

Investments in subsidiaries
11,648,673

 
15,836,651

 

 
(27,485,324
)
 

Accrued investment income

 
2,323

 
310,344

 

 
312,667

Deferred acquisition costs and value of business acquired

 

 
890,568

 

 
890,568

Ceded unearned premiums

 

 
1,821,793

 

 
1,821,793

Premiums receivable

 

 
4,712,493

 

 
4,712,493

Reinsurance balances receivable

 

 
418,666

 

 
418,666

Unpaid losses and loss expenses recoverable

 

 
5,262,706

 

 
5,262,706

Receivable from investments sold

 

 
231,158

 

 
231,158

Goodwill and other intangible assets

 

 
2,210,266

 

 
2,210,266

Deferred tax asset

 

 
282,311

 

 
282,311

Amounts due from subsidiaries / parent
33,417

 

 
1,054,177

 
(1,087,594
)
 

Other assets
2,748

 
44,570

 
889,881

 

 
937,199

Total assets
$
11,696,395

 
$
16,770,843

 
$
58,788,618

 
$
(28,572,918
)
 
$
58,682,938

 
 
 
 
 
 
 
 
 
 
LIABILITIES AND SHAREHOLDERS’ EQUITY
 
 
 
 
 
 
 
 
 
Liabilities:
 
 
 
 
 
 
 
 
 

Unpaid losses and loss expenses
$

 
$

 
$
25,439,744

 
$

 
$
25,439,744

Deposit liabilities

 

 
1,168,376

 

 
1,168,376

Future policy benefit reserves

 

 
4,163,500

 

 
4,163,500

Funds withheld on GreyCastle life retrocession arrangements

 

 
914,629

 

 
914,629

Unearned premiums

 

 
7,043,358

 

 
7,043,358

Notes payable and debt

 
2,644,970

 

 

 
2,644,970

Reinsurance balances payable

 

 
2,117,727

 

 
2,117,727

Payable for investments purchased

 

 
130,060

 

 
130,060

Deferred tax liability

 

 
120,651

 

 
120,651

Amounts due to subsidiaries / parent

 
1,087,594

 

 
(1,087,594
)
 

Other liabilities
19,316

 
45,106

 
1,221,038

 

 
1,285,460

Total liabilities
$
19,316

 
$
3,777,670

 
$
42,319,083

 
$
(1,087,594
)
 
$
45,028,475

 
 
 
 
 
 
 
 
 
 
Shareholders’ Equity:
 
 
 
 
 
 
 
 
 

Shareholders’ equity attributable to XL Group plc
$
11,677,079

 
$
11,648,673

 
$
15,836,651

 
$
(27,485,324
)
 
$
11,677,079

Non-controlling interest in equity of consolidated subsidiaries

 
1,344,500

 
632,884

 

 
1,977,384

Total shareholders’ equity
$
11,677,079

 
$
12,993,173

 
$
16,469,535

 
$
(27,485,324
)
 
$
13,654,463

Total liabilities and shareholders’ equity
$
11,696,395

 
$
16,770,843

 
$
58,788,618

 
$
(28,572,918
)
 
$
58,682,938

 
December 31, 2015
Condensed Consolidating Balance Sheet
(U.S. dollars in thousands, except share data)
XL- Ireland
 
XL-Cayman
 
Other XL-Ireland Subsidiaries
 
Consolidating Adjustments and Eliminations
 
XL-Ireland Consolidated
ASSETS
 
 
 
 
 
 
 
 
 
Investments:
 
 
 
 
 
 
 
 
 

Total investments available for sale
$

 
$
516,425

 
$
33,237,473

 
$

 
$
33,753,898

Total investments trading

 

 
1,296,029

 

 
1,296,029

Investments in affiliates

 

 
1,708,899

 

 
1,708,899

Other investments

 
877

 
1,432,180

 

 
1,433,057

Total investments
$

 
$
517,302

 
$
37,674,581

 
$

 
$
38,191,883

Cash and cash equivalents
11,557

 
369,997

 
2,874,682

 

 
3,256,236

Restricted cash

 

 
154,992

 

 
154,992

Investments in subsidiaries
11,648,673

 
15,836,651

 

 
(27,485,324
)
 

Accrued investment income

 
2,323

 
310,344

 

 
312,667

Deferred acquisition costs and value of business acquired

 

 
890,568

 

 
890,568

Ceded unearned premiums

 

 
1,821,793

 

 
1,821,793

Premiums receivable

 

 
4,712,493

 

 
4,712,493

Reinsurance balances receivable

 

 
418,666

 

 
418,666

Unpaid losses and loss expenses recoverable

 

 
5,262,706

 

 
5,262,706

Receivable from investments sold

 

 
231,158

 

 
231,158

Goodwill and other intangible assets

 

 
2,210,266

 

 
2,210,266

Deferred tax asset

 

 
282,311

 

 
282,311

Amounts due from subsidiaries / parent
33,417

 

 
1,054,177

 
(1,087,594
)
 

Other assets
2,748

 
44,570

 
889,881

 

 
937,199

Total assets
$
11,696,395

 
$
16,770,843

 
$
58,788,618

 
$
(28,572,918
)
 
$
58,682,938

 
 
 
 
 
 
 
 
 
 
LIABILITIES AND SHAREHOLDERS’ EQUITY
 
 
 
 
 
 
 
 
 
Liabilities:
 
 
 
 
 
 
 
 
 

Unpaid losses and loss expenses
$

 
$

 
$
25,439,744

 
$

 
$
25,439,744

Deposit liabilities

 

 
1,168,376

 

 
1,168,376

Future policy benefit reserves

 

 
4,163,500

 

 
4,163,500

Funds withheld on GreyCastle life retrocession arrangements

 

 
914,629

 

 
914,629

Unearned premiums

 

 
7,043,358

 

 
7,043,358

Notes payable and debt

 
2,644,970

 

 

 
2,644,970

Reinsurance balances payable

 

 
2,117,727

 

 
2,117,727

Payable for investments purchased

 

 
130,060

 

 
130,060

Deferred tax liability

 

 
120,651

 

 
120,651

Amounts due to subsidiaries / parent

 
1,087,594

 

 
(1,087,594
)
 

Other liabilities
19,316

 
45,106

 
1,221,038

 

 
1,285,460

Total liabilities
$
19,316

 
$
3,777,670

 
$
42,319,083

 
$
(1,087,594
)
 
$
45,028,475

 
 
 
 
 
 
 
 
 
 
Shareholders’ Equity:
 
 
 
 
 
 
 
 
 

Shareholders’ equity attributable to XL Group plc
$
11,677,079

 
$
11,648,673

 
$
15,836,651

 
$
(27,485,324
)
 
$
11,677,079

Non-controlling interest in equity of consolidated subsidiaries

 
1,344,500

 
632,884

 

 
1,977,384

Total shareholders’ equity
$
11,677,079

 
$
12,993,173

 
$
16,469,535

 
$
(27,485,324
)
 
$
13,654,463

Total liabilities and shareholders’ equity
$
11,696,395

 
$
16,770,843

 
$
58,788,618

 
$
(28,572,918
)
 
$
58,682,938

 
December 31, 2014
Condensed Consolidating Balance Sheet
(U.S. dollars in thousands, except share data)
XL- Ireland
 
XL-Cayman
 
Other XL-Ireland Subsidiaries
 
Consolidating Adjustments and Eliminations
 
XL-Ireland Consolidated
ASSETS
 
 
 
 
 
 
 
 
 
Investments:
 
 
 
 
 
 
 
 
 

Total investments available for sale
$

 
$
905,022

 
$
29,579,031

 
$

 
$
30,484,053

Total investments trading

 

 
1,171

 

 
1,171

Investments in affiliates

 
1,326

 
1,636,294

 

 
1,637,620

Other investments

 

 
1,248,439

 

 
1,248,439

Total investments
$

 
$
906,348

 
$
32,464,935

 
$

 
$
33,371,283

Cash and cash equivalents
22,443

 
42,970

 
2,456,401

 

 
2,521,814

Restricted cash

 

 

 

 

Investments in subsidiaries
10,195,445

 
13,076,044

 

 
(23,271,489
)
 

Accrued investment income

 
4,605

 
311,359

 

 
315,964

Deferred acquisition costs and value of business acquired

 

 
354,533

 

 
354,533

Ceded unearned premiums

 

 
952,525

 

 
952,525

Premiums receivable

 

 
2,473,736

 

 
2,473,736

Reinsurance balances receivable

 

 
131,519

 

 
131,519

Unpaid losses and loss expenses recoverable

 

 
3,429,368

 

 
3,429,368

Receivable from investments sold

 

 
92,762

 

 
92,762

Goodwill and other intangible assets

 

 
447,952

 

 
447,952

Deferred tax asset

 

 
204,491

 

 
204,491

Amounts due from subsidiaries / parent

 

 
1,010,580

 
(1,010,580
)
 

Other assets
3,017

 
46,279

 
701,576

 

 
750,872

Total assets
$
10,220,905

 
$
14,076,246

 
$
45,031,737

 
$
(24,282,069
)
 
$
45,046,819

 
 
 
 
 
 
 
 
 
 
LIABILITIES AND SHAREHOLDERS’ EQUITY
 
 
 
 
 
 
 
 
 
Liabilities:
 
 
 
 
 
 
 
 
 

Unpaid losses and loss expenses
$

 
$

 
$
19,353,243

 
$

 
$
19,353,243

Deposit liabilities

 

 
1,245,367

 

 
1,245,367

Future policy benefit reserves

 

 
4,707,199

 

 
4,707,199

Funds withheld on GreyCastle life retrocession arrangements

 

 
1,155,016

 

 
1,155,016

Unearned premiums

 

 
3,973,132

 

 
3,973,132

Notes payable and debt

 
1,662,580

 

 

 
1,662,580

Reinsurance balances payable

 

 
493,230

 

 
493,230

Payable for investments purchased

 

 
42,291

 

 
42,291

Deferred tax liability

 

 
66,246

 

 
66,246

Amounts due to subsidiaries / parent
166,782

 
843,798

 

 
(1,010,580
)
 

Other liabilities
20,372

 
29,923

 
862,454

 

 
912,749

Total liabilities
$
187,154

 
$
2,536,301

 
$
31,898,178

 
$
(1,010,580
)
 
$
33,611,053

 
 
 
 
 
 
 
 
 
 
Shareholders’ Equity:
 
 
 
 
 
 
 
 
 

Shareholders’ equity attributable to XL Group plc
$
10,033,751

 
$
10,195,445

 
$
13,076,044

 
$
(23,271,489
)
 
$
10,033,751

Non-controlling interest in equity of consolidated subsidiaries

 
1,344,500

 
57,515

 

 
1,402,015

Total shareholders’ equity
$
10,033,751

 
$
11,539,945

 
$
13,133,559

 
$
(23,271,489
)
 
$
11,435,766

Total liabilities and shareholders’ equity
$
10,220,905

 
$
14,076,246

 
$
45,031,737

 
$
(24,282,069
)
 
$
45,046,819

Condensed Income Statement [Table Text Block]
 
Three Months Ended March 31, 2016
Condensed Consolidating Statement of Income and Comprehensive Income
(U.S. dollars in thousands, except per share data)
XL- Ireland
 
XL-Cayman
 
Other XL-Ireland Subsidiaries
 
Consolidating Adjustments and Eliminations
 
XL-Ireland Consolidated
Revenues:
 
 
 
 
 
 
 
 
 
Net premiums earned
$

 
$

 
$
2,354,610

 
$

 
$
2,354,610

Total net investment income
113

 
1,785

 
203,307

 
681

 
205,886

Total net realized gains (losses) on investments

 
277

 
90,940

 
1,533

 
92,750

Net realized and unrealized gains (losses) on derivative instruments

 

 
(3,622
)
 

 
(3,622
)
Net realized and unrealized gains (losses) on life retrocession embedded derivative and derivative instruments - Life Funds Withheld Assets

 

 
(236,080
)
 

 
(236,080
)
Income (loss) from investment fund affiliates

 

 
(4,579
)
 

 
(4,579
)
Fee income and other

 

 
8,262

 

 
8,262

Total revenues
$
113

 
$
2,062

 
$
2,412,838

 
$
2,214

 
$
2,417,227

Expenses:
 
 
 
 
 
 
 
 
 
Net losses and loss expenses incurred
$

 
$

 
$
1,382,485

 
$

 
$
1,382,485

Claims and policy benefits

 

 
4,937

 

 
4,937

Acquisition costs

 

 
403,267

 

 
403,267

Operating expenses
3,274

 
1,495

 
510,612

 

 
515,381

Exchange (gains) losses
17

 
(36
)
 
(33,800
)
 

 
(33,819
)
Interest expense
(6
)
 
35,169

 
17,140

 

 
52,303

Total expenses
$
3,285

 
$
36,628

 
$
2,284,641

 
$

 
$
2,324,554

Income (loss) before income tax and income (loss) from operating affiliates
$
(3,172
)
 
$
(34,566
)
 
$
128,197

 
$
2,214

 
$
92,673

Income (loss) from operating affiliates

 

 
12,650

 

 
12,650

Equity in net earnings (losses) of subsidiaries
24,437

 
94,780

 

 
(119,217
)
 

Provision (benefit) for income tax
(620
)
 

 
22,915

 

 
22,295

Net income (loss)
$
21,885

 
$
60,214

 
$
117,932

 
$
(117,003
)
 
$
83,028

Non-controlling interests

 
35,777

 
25,366

 

 
61,143

Net income (loss) attributable to ordinary shareholders
$
21,885

 
$
24,437

 
$
92,566

 
$
(117,003
)
 
$
21,885

 
 
 
 
 
 
 
 
 
 
Comprehensive income (loss)
$
429,826


$
432,378


$
500,507

 
$
(932,885
)
 
$
429,826


 
Three Months Ended March 31, 2015
Condensed Consolidating Statement of Income and Comprehensive Income
(U.S. dollars in thousands, except per share data)
XL- Ireland
 
XL-Cayman
 
Other XL-Ireland Subsidiaries
 
Consolidating Adjustments and Eliminations
 
XL-Ireland Consolidated
Revenues:
 
 
 
 
 
 
 
 
 
Net premiums earned
$

 
$

 
$
1,334,000

 
$

 
$
1,334,000

Total net investment income
80

 
3,032

 
203,619

 
1,782

 
208,513

Total net realized gains (losses) on investments

 
1,269

 
52,837

 
(1,215
)
 
52,891

Net realized and unrealized gains (losses) on derivative instruments

 
(63,700
)
 
80,221

 

 
16,521

Net realized and unrealized gains (losses) on life retrocession embedded derivative and derivative instruments - Life Funds Withheld Assets

 

 
(229,367
)
 

 
(229,367
)
Income (loss) from investment fund affiliates

 

 
35,329

 

 
35,329

Fee income and other

 

 
4,728

 

 
4,728

Total revenues
$
80

 
$
(59,399
)
 
$
1,481,367

 
$
567

 
$
1,422,615

Expenses:
 
 
 
 
 
 
 
 
 
Net losses and loss expenses incurred
$

 
$

 
$
769,827

 
$

 
$
769,827

Claims and policy benefits

 

 
19,387

 

 
19,387

Acquisition costs

 

 
153,696

 

 
153,696

Operating expenses
2,762

 
3,000

 
319,894

 

 
325,656

Exchange (gains) losses
(262
)
 
33

 
27,619

 

 
27,390

Interest expense

 
37,773

 
13,665

 

 
51,438

Total expenses
$
2,500

 
$
40,806

 
$
1,304,088

 
$

 
$
1,347,394

Income (loss) before income tax and income (loss) from operating affiliates
$
(2,420
)
 
$
(100,205
)
 
$
177,279

 
$
567

 
$
75,221

Income (loss) from operating affiliates

 

 
22,668

 

 
22,668

Equity in net earnings (losses) of subsidiaries
38,485

 
174,426

 

 
(212,911
)
 

Provision (benefit) for income tax
(216
)
 
245

 
24,189

 

 
24,218

Net income (loss)
$
36,281

 
$
73,976

 
$
175,758

 
$
(212,344
)
 
$
73,671

Non-controlling interests

 
35,491

 
1,899

 

 
37,390

Net income (loss) attributable to ordinary shareholders
$
36,281

 
$
38,485

 
$
173,859

 
$
(212,344
)
 
$
36,281

 
 
 
 
 
 
 
 
 
 
Comprehensive income (loss)
$
256,993

 
$
259,197

 
$
394,571

 
$
(653,768
)
 
$
256,993

 
Year Ended December 31, 2015
Condensed Consolidating Statement of Income and Comprehensive Income
(U.S. dollars in thousands, except per share data)
XL- Ireland
 
XL-Cayman
 
Other XL-Ireland Subsidiaries
 
Consolidating Adjustments and Eliminations
 
XL-Ireland Consolidated
Revenues:
 
 
 
 
 
 
 
 
 
Net premiums earned
$

 
$

 
$
8,226,425

 
$

 
$
8,226,425

Total net investment income
169

 
9,363

 
859,002

 
3,836

 
872,370

Total net realized gains (losses) on investments

 
13,814

 
197,129

 
(8,765
)
 
202,178

Net realized and unrealized gains (losses) on derivative instruments

 
12,363

 
40,760

 

 
53,123

Net realized and unrealized gains (losses) on life retrocession embedded derivative and derivative instruments - Life Funds Withheld Assets

 

 
(151,691
)
 

 
(151,691
)
Income (loss) from investment fund affiliates

 

 
73,320

 

 
73,320

Fee income and other

 

 
33,201

 

 
33,201

Total revenues
$
169

 
$
35,540

 
$
9,278,146

 
$
(4,929
)
 
$
9,308,926

Expenses:
 
 
 
 
 
 
 
 
 
Net losses and loss expenses incurred
$

 
$

 
$
4,766,200

 
$

 
$
4,766,200

Claims and policy benefits

 

 
115,997

 

 
115,997

Acquisition costs

 

 
1,317,448

 

 
1,317,448

Operating expenses
46,340

 
10,565

 
1,910,034

 

 
1,966,939

Exchange (gains) losses
(345
)
 
20

 
22,829

 

 
22,504

Extinguishment of debt

 

 
5,592

 

 
5,592

Interest expense
11

 
143,330

 
61,874

 

 
205,215

Total expenses
$
46,006

 
$
153,915

 
$
8,199,974

 
$

 
$
8,399,895

Income (loss) before income tax and income (loss) from operating affiliates
$
(45,837
)
 
$
(118,375
)
 
$
1,078,172

 
$
(4,929
)
 
$
909,031

Income (loss) from operating affiliates

 

 
44,740

 

 
44,740

Gain on sale of operating affiliate

 

 
340,407

 

 
340,407

Equity in net earnings (losses) of subsidiaries
1,253,609

 
1,449,404

 

 
(2,703,013
)
 

Provision (benefit) for income tax
620

 
245

 
(20,026
)
 

 
(19,161
)
Net income (loss)
$
1,207,152

 
$
1,330,784

 
$
1,483,345

 
$
(2,707,942
)
 
$
1,313,339

Non-controlling interests

 
77,175

 
29,012

 

 
106,187

Net income (loss) attributable to ordinary shareholders
$
1,207,152

 
$
1,253,609

 
$
1,454,333

 
$
(2,707,942
)
 
$
1,207,152

 
 
 
 
 
 
 
 
 
 
Comprehensive income (loss)
$
409,310

 
$
455,767

 
$
656,491

 
$
(1,112,258
)
 
$
409,310


 
Year Ended December 31, 2014
Condensed Consolidating Statement of Income and Comprehensive Income
(U.S. dollars in thousands, except per share data)
XL- Ireland
 
XL-Cayman
 
Other XL-Ireland Subsidiaries
 
Consolidating Adjustments and Eliminations
 
XL-Ireland Consolidated
Revenues:
 
 
 
 
 
 
 
 
 
Net premiums earned
$

 
$

 
$
5,895,070

 
$

 
$
5,895,070

Total net investment income
275

 
20,256

 
889,611

 
8,483

 
918,625

Total net realized gains (losses) on investments

 
27,541

 
102,150

 
(22,229
)
 
107,462

Net realized and unrealized gains (losses) on derivative instruments

 

 
29,886

 

 
29,886

Net realized and unrealized gains (losses) on life retrocession embedded derivative and derivative instruments - Life Funds Withheld Assets

 

 
(488,222
)
 

 
(488,222
)
Income (loss) from investment fund affiliates

 

 
95,816

 

 
95,816

Fee income and other

 

 
43,630

 

 
43,630

Total revenues
$
275

 
$
47,797

 
$
6,567,941

 
$
(13,746
)
 
$
6,602,267

Expenses:
 
 
 
 
 
 
 
 
 
Net losses and loss expenses incurred
$

 
$

 
$
3,258,393

 
$

 
$
3,258,393

Claims and policy benefits

 

 
242,963

 

 
242,963

Acquisition costs

 

 
738,118

 

 
738,118

Operating expenses
9,646

 
13,102

 
1,318,567

 

 
1,341,315

Exchange (gains) losses
127

 
168

 
(37,863
)
 

 
(37,568
)
Loss on sale of life reinsurance subsidiary

 

 
666,423

 

 
666,423

Interest expense
5

 
110,323

 
23,778

 

 
134,106

Total expenses
$
9,778

 
$
123,593

 
$
6,210,379

 
$

 
$
6,343,750

Income (loss) before income tax and income (loss) from operating affiliates
$
(9,503
)
 
$
(75,796
)
 
$
357,562

 
$
(13,746
)
 
$
258,517

Income (loss) from operating affiliates

 

 
107,218

 

 
107,218

Gain on sale of operating affiliate

 

 

 

 

Equity in net earnings (losses) of subsidiaries
197,843

 
350,602

 

 
(548,445
)
 

Provision (benefit) for income tax

 
(212
)
 
97,109

 

 
96,897

Net income (loss)
$
188,340

 
$
275,018

 
$
367,671

 
$
(562,191
)
 
$
268,838

Non-controlling interests

 
77,175

 
3,323

 

 
80,498

Net income (loss) attributable to ordinary shareholders
$
188,340

 
$
197,843

 
$
364,348

 
$
(562,191
)
 
$
188,340

 
 
 
 
 
 
 
 
 
 
Comprehensive income (loss)
$
936,141

 
$
945,644

 
$
1,112,149

 
$
(2,057,793
)
 
$
936,141

 
Year Ended December 31, 2013
Condensed Consolidating Statement of Income and Comprehensive Income
(U.S. dollars in thousands, except per share data)
XL- Ireland
 
XL-Cayman
 
Other XL-Ireland Subsidiaries
 
Consolidating Adjustments and Eliminations
 
XL-Ireland Consolidated
Revenues:
 
 
 
 
 
 
 
 
 
Net premiums earned
$

 
$

 
$
6,309,521

 
$

 
$
6,309,521

Total net investment income
24

 
21,994

 
917,993

 
17,705

 
957,716

Total net realized gains (losses) on investments

 
15,555

 
71,387

 
835

 
87,777

Net realized and unrealized gains (losses) on derivative instruments

 

 
7,798

 

 
7,798

Net realized and unrealized gains (losses) on life retrocession embedded derivative and derivative instruments - Life Funds Withheld Assets

 

 

 

 

Income (loss) from investment fund affiliates

 
3

 
138,388

 

 
138,391

Fee income and other

 

 
40,031

 

 
40,031

Total revenues
$
24

 
$
37,552

 
$
7,485,118

 
$
18,540

 
$
7,541,234

Expenses:
 
 
 
 
 
 
 
 
 
Net losses and loss expenses incurred
$

 
$

 
$
3,731,464

 
$

 
$
3,731,464

Claims and policy benefits

 

 
465,702

 

 
465,702

Acquisition costs

 

 
909,323

 

 
909,323

Operating expenses
11,699

 
12,051

 
1,189,428

 

 
1,213,178

Exchange (gains) losses
243

 
86

 
(28,572
)
 

 
(28,243
)
Interest expense
2

 
98,011

 
57,449

 

 
155,462

Total expenses
$
11,944

 
$
110,148

 
$
6,324,794

 
$

 
$
6,446,886

Income (loss) before income tax and income (loss) from operating affiliates
$
(11,920
)
 
$
(72,596
)
 
$
1,160,324

 
$
18,540

 
$
1,094,348

Income (loss) from operating affiliates

 

 
119,804

 

 
119,804

Gain on sale of operating affiliate

 

 

 

 

Equity in net earnings (losses) of subsidiaries
1,071,836

 
1,226,815

 

 
(2,298,651
)
 

Provision (benefit) for income tax

 
4,991

 
72,514

 

 
77,505

Net income (loss)
$
1,059,916

 
$
1,149,228

 
$
1,207,614

 
$
(2,280,111
)
 
$
1,136,647

Non-controlling interests

 
77,392

 
(661
)
 

 
76,731

Net income (loss) attributable to ordinary shareholders
$
1,059,916

 
$
1,071,836

 
$
1,208,275

 
$
(2,280,111
)
 
$
1,059,916

 
 
 
 
 
 
 
 
 
 
Comprehensive income (loss)
$
276,553

 
$
288,473

 
$
424,912

 
$
(713,385
)
 
$
276,553

Condensed Cash Flow Statement [Table Text Block]
 
Three Months Ended March 31, 2016
Condensed Consolidating Statement of Cash Flows
(U.S. dollars in thousands)
XL- Ireland
 
XL-Cayman
 
Other XL-Ireland Subsidiaries
 
Consolidating Adjustments and Eliminations
 
XL-Ireland Consolidated
Cash flows provided by (used in) operating activities:
 
 
 
 
 
 
 
 
 
Net cash provided by (used in) operating activities
$
410,395

 
$
(48,205
)
 
$
(533,303
)
 
$

 
$
(171,113
)
Cash flows provided by (used in) investing activities:
 
 
 
 
 
 
 
 
 
Proceeds from sale of fixed maturities and short-term investments
$

 
$
132,687

 
$
3,815,844

 
$
(176,454
)
 
$
3,772,077

Proceeds from redemption of fixed maturities and short-term investments

 
26,181

 
923,040

 

 
949,221

Proceeds from sale of equity securities

 

 
62,895

 

 
62,895

Purchases of fixed maturities and short-term investments

 
(190,119
)
 
(4,312,014
)
 
176,454

 
(4,325,679
)
Purchases of equity securities

 

 
(55,411
)
 

 
(55,411
)
Proceeds from sale of affiliates

 

 
41,538

 

 
41,538

Purchases of affiliates

 

 
(247,049
)
 

 
(247,049
)
Purchase of Allied International Holdings, Inc., net of cash acquired

 

 
(69,745
)
 

 
(69,745
)
Change in restricted cash

 

 
(6,027
)
 

 
(6,027
)
Other, net

 

 
82,141

 

 
82,141

Net cash provided by (used in) investing activities
$

 
$
(31,251
)
 
$
235,212

 
$

 
$
203,961

Cash flows provided by (used in) financing activities:
 
 
 
 
 
 
 
 
 
Proceeds from issuance of ordinary shares and exercise of stock options
$
491

 
$

 
$

 
$

 
$
491

Buybacks of ordinary shares
(355,901
)
 

 

 

 
(355,901
)
Dividends paid on ordinary shares
(57,861
)
 

 

 

 
(57,861
)
Distributions to non-controlling interests

 
(3,077
)
 
(24,780
)
 

 
(27,857
)
Contributions from non-controlling interests

 

 
883

 

 
883

Deposit liabilities

 

 
(8,546
)
 

 
(8,546
)
Net cash provided by (used in) financing activities
$
(413,271
)
 
$
(3,077
)
 
$
(32,443
)
 
$

 
$
(448,791
)
Effects of exchange rate changes on foreign currency cash

 

 
(19,396
)
 

 
(19,396
)
Increase (decrease) in cash and cash equivalents
$
(2,876
)
 
$
(82,533
)
 
$
(349,930
)
 
$

 
$
(435,339
)
Cash and cash equivalents – beginning of period
11,557

 
369,997

 
2,874,682

 

 
3,256,236

Cash and cash equivalents – end of period
$
8,681

 
$
287,464

 
$
2,524,752

 
$

 
$
2,820,897

 
Three Months Ended March 31, 2015
Condensed Consolidating Statement of Cash Flows
(U.S. dollars in thousands)
XL- Ireland
 
XL-Cayman
 
Other XL-Ireland Subsidiaries
 
Consolidating Adjustments and Eliminations
 
XL-Ireland Consolidated
Cash flows provided by (used in) operating activities:
 
 
 
 
 
 
 
 
 
Net cash provided by (used in) operating activities
$
(31,120
)
 
$
134,448

 
$
41,318

 
$
(109,668
)
 
$
34,978

Cash flows provided by (used in) investing activities:
 
 
 
 
 
 
 
 
 
Proceeds from sale of fixed maturities and short-term investments
$

 
$
201,638

 
$
1,510,135

 
$
(237,832
)
 
$
1,473,941

Proceeds from redemption of fixed maturities and short-term investments

 
92,336

 
961,403

 

 
1,053,739

Proceeds from sale of equity securities

 

 
189,473

 

 
189,473

Purchases of fixed maturities and short-term investments

 
(453,628
)
 
(2,619,508
)
 
237,832

 
(2,835,304
)
Purchases of equity securities

 

 
(94,141
)
 

 
(94,141
)
Proceeds from sale of affiliates

 

 
77,916

 

 
77,916

Purchases of affiliates

 

 
(29,037
)
 

 
(29,037
)
Returns of capital from subsidiaries
65,037

 

 

 
(65,037
)
 

Other, net

 

 
(32,141
)
 

 
(32,141
)
Net cash provided by (used in) investing activities
$
65,037

 
$
(159,654
)
 
$
(35,900
)
 
$
(65,037
)
 
$
(195,554
)
Cash flows provided by (used in) financing activities:
 
 
 
 
 
 
 
 
 
Proceeds from issuance of ordinary shares and exercise of stock options
$
1,772

 
$

 
$

 
$

 
$
1,772

Buybacks of ordinary shares
(1,966
)
 

 

 

 
(1,966
)
Dividends paid on ordinary shares
(40,922
)
 
(109,668
)
 

 
109,668

 
(40,922
)
Return of capital

 
(65,037
)
 

 
65,037

 

Distributions to non-controlling interests

 
(2,995
)
 
(4,177
)
 

 
(7,172
)
Contributions from non-controlling interests

 

 
2,569

 

 
2,569

Proceeds from issuance of debt

 
980,600

 

 

 
980,600

Deposit liabilities

 

 
(38,788
)
 

 
(38,788
)
Net cash provided by (used in) financing activities
$
(41,116
)
 
$
802,900

 
$
(40,396
)
 
$
174,705

 
$
896,093

Effects of exchange rate changes on foreign currency cash

 

 
(47,397
)
 

 
(47,397
)
Increase (decrease) in cash and cash equivalents
$
(7,199
)
 
$
777,694

 
$
(82,375
)
 
$

 
$
688,120

Cash and cash equivalents – beginning of period
22,443

 
42,970

 
2,456,401

 

 
2,521,814

Cash and cash equivalents – end of period
$
15,244

 
$
820,664

 
$
2,374,026

 
$

 
$
3,209,934

 
Year Ended December 31, 2015
Condensed Consolidating Statement of Cash Flows
(U.S. dollars in thousands)
XL- Ireland
 
XL-Cayman
 
Other XL-Ireland Subsidiaries
 
Consolidating Adjustments and Eliminations
 
XL-Ireland Consolidated
Cash flows provided by (used in) operating activities:
 
 
 
 
 
 
 
 
 
Net cash provided by (used in) operating activities
$
561,468

 
$
148,850

 
$
669,515

 
$
(764,277
)
 
$
615,556

Cash flows provided by (used in) investing activities:
 
 
 
 
 
 
 
 
 
Proceeds from sale of fixed maturities and short-term investments
$

 
$
1,482,875

 
$
15,745,247

 
$
(359,894
)
 
$
16,868,228

Proceeds from redemption of fixed maturities and short-term investments

 
188,788

 
3,562,386

 

 
3,751,174

Proceeds from sale of equity securities

 

 
664,735

 

 
664,735

Purchases of fixed maturities and short-term investments

 
(1,296,980
)
 
(18,780,978
)
 
359,894

 
(19,718,064
)
Purchases of equity securities

 

 
(567,334
)
 

 
(567,334
)
Proceeds from sale of affiliates

 

 
188,023

 

 
188,023

Purchases of affiliates

 

 
(280,856
)
 

 
(280,856
)
Purchase of Catlin Group Limited, net of acquired cash
(2,287,579
)
 
(2,317,699
)
 
1,267,564

 
2,317,699

 
(1,020,015
)
Proceeds from sale of subsidiary
2,317,699

 

 

 
(2,317,699
)
 

Proceeds from sale of ARX Holding Corp.

 

 
560,552

 

 
560,552

Returns of capital from subsidiaries
65,037

 
2,047,000

 

 
(2,112,037
)
 

Change in restricted cash

 

 
(154,992
)
 

 
(154,992
)
Other, net

 

 
(155,019
)
 

 
(155,019
)
Net cash provided by (used in) investing activities
$
95,157

 
$
103,984

 
$
2,049,328

 
$
(2,112,037
)
 
$
136,432

Cash flows provided by (used in) financing activities:
 
 
 
 
 
 
 
 
 
Proceeds from issuance of ordinary shares and exercise of stock options
$
9,976

 
$

 
$

 
$

 
$
9,976

Buybacks of ordinary shares
(468,971
)
 

 

 

 
(468,971
)
Dividends paid on ordinary shares
(208,516
)
 
(764,277
)
 

 
764,277

 
(208,516
)
Return of capital

 
(65,037
)
 
(2,047,000
)
 
2,112,037

 

Distributions to non-controlling interests

 
(77,093
)
 
(40,590
)
 

 
(117,683
)
Contributions from non-controlling interests

 

 
23,610

 

 
23,610

Proceeds from issuance of debt

 
980,600

 

 

 
980,600

Repayment of debt

 

 
(87,447
)
 

 
(87,447
)
Deposit liabilities

 

 
(84,758
)
 

 
(84,758
)
Net cash provided by (used in) financing activities
$
(667,511
)
 
$
74,193

 
$
(2,236,185
)
 
$
2,876,314

 
$
46,811

Effects of exchange rate changes on foreign currency cash

 

 
(64,377
)
 

 
(64,377
)
Increase (decrease) in cash and cash equivalents
$
(10,886
)
 
$
327,027

 
$
418,281

 
$

 
$
734,422

Cash and cash equivalents – beginning of period
22,443

 
42,970

 
2,456,401

 

 
2,521,814

Cash and cash equivalents – end of period
$
11,557

 
$
369,997

 
$
2,874,682

 
$

 
$
3,256,236

 
Year Ended December 31, 2014
Condensed Consolidating Statement of Cash Flows
(U.S. dollars in thousands)
XL- Ireland
 
XL-Cayman
 
Other XL-Ireland Subsidiaries
 
Consolidating Adjustments and Eliminations
 
XL-Ireland Consolidated
Cash flows provided by (used in) operating activities:
 
 
 
 
 
 
 
 
 
Net cash provided by (used in) operating activities
$
895,854

 
$
518,715

 
$
407,136

 
$
(858,521
)
 
$
963,184

Cash flows provided by (used in) investing activities:
 
 
 
 
 
 
 
 
 
Proceeds from sale of fixed maturities and short-term investments
$

 
$
574,673

 
$
4,793,978

 
$
(472,539
)
 
$
4,896,112

Proceeds from redemption of fixed maturities and short-term investments

 
351,737

 
3,250,056

 

 
3,601,793

Proceeds from sale of equity securities

 

 
571,410

 

 
571,410

Purchases of fixed maturities and short-term investments

 
(307,830
)
 
(7,322,967
)
 
472,539

 
(7,158,258
)
Purchases of equity securities

 

 
(445,504
)
 

 
(445,504
)
Proceeds from sale of affiliates

 

 
240,785

 

 
240,785

Purchases of affiliates

 

 
(371,226
)
 

 
(371,226
)
Proceeds from sale of subsidiary

 

 
570,000

 

 
570,000

Returns of capital from subsidiaries
79,086

 
482,570

 

 
(561,656
)
 

Change in restricted cash

 

 

 

 

Other, net

 
1,920

 
(195,411
)
 

 
(193,491
)
Net cash provided by (used in) investing activities
$
79,086

 
$
1,103,070

 
$
1,091,121

 
$
(561,656
)
 
$
1,711,621

Cash flows provided by (used in) financing activities:
 
 
 
 
 
 
 
 
 
Proceeds from issuance of ordinary shares and exercise of stock options
$
6,367

 
$

 
$

 
$

 
$
6,367

Buybacks of ordinary shares
(801,953
)
 

 

 

 
(801,953
)
Dividends paid on ordinary shares
(169,620
)
 
(858,521
)
 

 
858,521

 
(169,620
)
Return of capital

 
(79,086
)
 
(482,570
)
 
561,656

 

Distributions to non-controlling interests

 
(77,002
)
 
(1,463
)
 

 
(78,465
)
Contributions from non-controlling interests

 

 
48,261

 

 
48,261

Repayment of debt

 
(600,000
)
 

 

 
(600,000
)
Deposit liabilities

 

 
(268,298
)
 

 
(268,298
)
Net cash provided by (used in) financing activities
$
(965,206
)
 
$
(1,614,609
)
 
$
(704,070
)
 
$
1,420,177

 
$
(1,863,708
)
Effects of exchange rate changes on foreign currency cash

 

 
(90,115
)
 

 
(90,115
)
Increase (decrease) in cash and cash equivalents
$
9,734

 
$
7,176

 
$
704,072

 
$

 
$
720,982

Cash and cash equivalents – beginning of period
12,709

 
35,794

 
1,752,329

 

 
1,800,832

Cash and cash equivalents – end of period
$
22,443

 
$
42,970

 
$
2,456,401

 
$

 
$
2,521,814

 
Year Ended December 31, 2013
Condensed Consolidating Statement of Cash Flows
(U.S. dollars in thousands)
XL- Ireland
 
XL-Cayman
 
Other XL-Ireland Subsidiaries
 
Consolidating Adjustments and Eliminations
 
XL-Ireland Consolidated
Cash flows provided by (used in) operating activities:
 
 
 
 
 
 
 
 
 
Net cash provided by (used in) operating activities
$
740,308

 
$
(175,056
)
 
$
832,444

 
$
(617,719
)
 
$
779,977

Cash flows provided by (used in) investing activities:
 
 
 
 
 
 
 
 
 
Proceeds from sale of fixed maturities and short-term investments
$

 
$
254,053

 
$
4,282,227

 
$
(194,851
)
 
$
4,341,429

Proceeds from redemption of fixed maturities and short-term investments

 
203,054

 
3,805,279

 

 
4,008,333

Proceeds from sale of equity securities

 

 
245,538

 

 
245,538

Purchases of fixed maturities and short-term investments

 
(828,603
)
 
(8,510,221
)
 
194,851

 
(9,143,973
)
Purchases of equity securities

 

 
(534,356
)
 

 
(534,356
)
Proceeds from sale of affiliates

 

 
190,954

 

 
190,954

Purchases of affiliates

 

 
(353,678
)
 

 
(353,678
)
Returns of capital from subsidiaries
84,589

 
546,912

 

 
(631,501
)
 

Change in restricted cash

 

 

 

 

Other, net

 
3,753

 
44,138

 

 
47,891

Net cash provided by (used in) investing activities
$
84,589

 
$
179,169

 
$
(830,119
)
 
$
(631,501
)
 
$
(1,197,862
)
Cash flows provided by (used in) financing activities:
 
 
 
 
 
 
 
 
 
Proceeds from issuance of ordinary shares and exercise of stock options
$
12,623

 
$

 
$

 
$

 
$
12,623

Buybacks of ordinary shares
(675,617
)
 

 

 

 
(675,617
)
Dividends paid on ordinary shares
(160,155
)
 
(617,719
)
 

 
617,719

 
(160,155
)
Return of capital

 
(84,589
)
 
(546,912
)
 
631,501

 

Distributions to non-controlling interests

 
(77,670
)
 

 

 
(77,670
)
Contributions from non-controlling interests

 

 
7,747

 

 
7,747

Proceeds from issuance of debt

 
592,615

 

 

 
592,615

Deposit liabilities

 

 
(94,386
)
 

 
(94,386
)
Net cash provided by (used in) financing activities
$
(823,149
)
 
$
(187,363
)
 
$
(633,551
)
 
$
1,249,220

 
$
(394,843
)
Effects of exchange rate changes on foreign currency cash

 

 
(4,818
)
 

 
(4,818
)
Increase (decrease) in cash and cash equivalents
$
1,748

 
$
(183,250
)
 
$
(636,044
)
 
$

 
$
(817,546
)
Cash and cash equivalents – beginning of period
10,961

 
219,044

 
2,388,373

 

 
2,618,378

Cash and cash equivalents – end of period
$
12,709

 
$
35,794

 
$
1,752,329

 
$

 
$
1,800,832