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Derivative Instruments - Impact of life retro arrangements (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Derivative [Line Items]        
Underwriting profit (loss) $ 97,691 $ 203,331 $ 269,728 $ 342,538
Net investment income 215,388 223,204 421,274 431,717
Foreign exchange (gains) losses (19,100) 10,374 (52,919) 37,764
Other income and expenses [1] (2,330) (1,364) (5,053) (7,872)
Net realized and unrealized gains (losses) on life retrocession embedded derivative 906 48,509 (2,716) 65,030
Net income (loss) 48,826 919,918 131,854 993,589
Change in adjustments related to future policy benefit reserves, net of tax 8,727 26,328 25,762 86,684
Foreign currency translation adjustments, net of tax 63,343 (34,423) 46,904 1,680
Comprehensive income (loss) 314,030 (628,996) 721,971 (408,284)
Life Funds Withheld Assets        
Derivative [Line Items]        
Net investment income 39,146 46,864 80,706 97,283
Net realized gains (losses) on investments sold 30,114 68,037 64,530 120,775
Net unrealized gains (losses) on investments, trading securities 55,287 (19,543) 124,383 (18,783)
Other-than-temporary impairments on investments (252) (2,878) (2,598) (8,087)
Net realized and unrealized gains (losses) on life retrocession embedded derivative (229,742) 239,174 (465,822) 9,807
Change in net unrealized gains (losses) on investments, net of tax 77,248 (321,046) 129,238 (283,931)
XL Re Life (SAC) Ltd        
Derivative [Line Items]        
Comprehensive income (loss)     0  
XL Re Life (SAC) Ltd | Life Funds Withheld Assets        
Derivative [Line Items]        
Underwriting profit (loss) [2] 0 0 0 603
Net investment income 39,146 46,864 80,706 97,283
Net realized gains (losses) on investments sold 30,114 68,037 64,530 120,775
Net unrealized gains (losses) on investments, trading securities 55,287 (19,543) 124,383 (18,783)
Other-than-temporary impairments on investments (252) (2,878) (2,598) (8,087)
Foreign exchange (gains) losses (6,755) (18,370) 4,364 (14,686)
Other income and expenses (24) 3,773 (170) 2,475
Net realized and unrealized gains (losses) on life retrocession embedded derivative (229,742) 239,174 (465,822) 9,807
Net income (loss) (112,226) 317,057 (194,607) 189,387
Change in net unrealized gains (losses) on investments, net of tax 77,248 (321,046) 129,238 (283,931)
Change in adjustments related to future policy benefit reserves, net of tax 8,727 26,328 25,762 86,684
Foreign currency translation adjustments, net of tax 26,251 (22,339) 39,607 8,463
Change In Other Comprehensive Income Life Retro Arrangements 112,226 (317,057) 194,607 (188,784)
Comprehensive income (loss) $ 0 $ 0 $ 0 $ 603
[1] Net fee income and other includes operating expenses from the Company's loss prevention consulting services business.
[2] he underwriting profit of $0.6 million relates to a premium adjustment during the six months ended June 30, 2015 relating to the GreyCastle Life Retro Arrangements transaction. Excluding this transaction, the impact to comprehensive income relating to the GreyCastle Life Retro Arrangements was nil for the six months ended June 30, 2015.