XML 19 R6.htm IDEA: XBRL DOCUMENT v3.5.0.2
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, 2014       $ 2,552 $ 7,359,102 $ 1,484,458     $ 1,187,639 $ 1,402,015
Issuance of ordinary shares       515 1,851,705          
Buybacks of ordinary shares       (30) (85,796)       (26,559)  
Exercise of stock options       2            
Exercise of stock options         4,826          
Share-based compensation expense         24,031       (7,050)  
Change in net unrealized gains (losses) on investments, net of tax   $ (258,590) $ (283,931)       $ (258,590) $ (283,931)    
Change in adjustments related to future policy benefit reserves, net of tax $ 86,684         86,684        
Change in net unrealized gains (losses) on affiliate and other investments, net of tax 34,687         34,687        
Change in OTTI losses recognized in other comprehensive income, net of tax 11,433         11,433        
Change in underfunded pension liability, net of tax (354)         (354)        
Change in value of cash flow hedge 107         107        
Foreign currency translation adjustments, net of tax 1,680         1,680        
Net income (loss) attributable to ordinary shareholders 951,320               951,320  
Dividends on ordinary shares                 (91,133)  
Non-controlling interests - contributions                   4,659
Non-controlling interests - distributions                   (15,026)
Non-controlling interests - acquired                   562,285
Non-controlling interests                   3,874
Non-controlling interest share in change in accumulated other comprehensive income (loss)                   0
Balance, end of year at Jun. 30, 2015 14,205,105     3,039 9,153,868 1,076,174     2,014,217 1,957,807
Balance, beginning of year at Dec. 31, 2015 13,654,463     2,947 8,910,167 686,616     2,077,349 1,977,384
Issuance of ordinary shares       16 15          
Buybacks of ordinary shares (683,500)     (196) (591,757)       (92,433)  
Exercise of stock options       1            
Exercise of stock options         1,725          
Share-based compensation expense         21,732       (3,572)  
Change in net unrealized gains (losses) on investments, net of tax   $ 555,532 $ 129,238       $ 555,532 $ 129,238    
Change in adjustments related to future policy benefit reserves, net of tax 25,762         25,762        
Change in net unrealized gains (losses) on affiliate and other investments, net of tax (38,548)         (38,548)        
Change in OTTI losses recognized in other comprehensive income, net of tax 4,119         4,119        
Change in underfunded pension liability, net of tax (949)         (949)        
Change in value of cash flow hedge (87)         (87)        
Foreign currency translation adjustments, net of tax 46,904         46,904        
Net income (loss) attributable to ordinary shareholders 65,667               65,667  
Dividends on ordinary shares                 (115,060)  
Non-controlling interests - contributions                   1,129
Non-controlling interests - distributions                   (5,180)
Non-controlling interests - acquired                   0
Non-controlling interests                   5,436
Non-controlling interest share in change in accumulated other comprehensive income (loss)                   (25)
Balance, end of year at Jun. 30, 2016 $ 13,663,932     $ 2,768 $ 8,341,882 $ 1,408,587     $ 1,931,951 $ 1,978,744