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UNAUDITED CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY - USD ($)
$ in Thousands
Total
Excluding Life Funds Withheld Assets
Life Funds Withheld Assets
Common 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 1,856,253          
Buybacks of ordinary shares       (78) (228,857)       (63,334)  
Exercise of stock options       4            
Exercise of stock options         7,900          
Share-based compensation expense         42,009       (7,163)  
Change in net unrealized gains (losses) on investments, net of tax   $ (356,248) $ (317,500)       $ (356,248) $ (317,500)    
Change in adjustments related to future policy benefit reserves, net of tax $ 127,365         127,365        
Change in net unrealized gains (losses) on affiliate and other investments, net of tax 24,293         24,293        
Change in OTTI losses recognized in other comprehensive income, net of tax 13,570         13,570        
Change in underfunded pension liability, net of tax (261)         (261)        
Change in value of cash flow hedge 119         119        
Foreign currency translation adjustments, net of tax (20,714)         (20,714)        
Net income (loss) attributable to common shareholders 978,602               978,602  
Dividends on ordinary shares                 (151,997)  
Non-controlling interests - contributions                   10,292
Non-controlling interests - distributions                   (17,519)
Non-controlling interests - acquired                   562,285
Non-controlling interests                   5,206
Non-controlling interest share in change in accumulated other comprehensive income (loss)                   0
Balance, end of year at Sep. 30, 2015 13,900,508     2,993 9,036,407 955,082     1,943,747 1,962,279
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 23          
Buybacks of ordinary shares (905,100)     (262) (790,541)       (115,334)  
Exercise of stock options       3            
Exercise of stock options         5,731          
Share-based compensation expense         39,761       (3,595)  
Change in net unrealized gains (losses) on investments, net of tax   $ 530,344 $ 206,480       $ 530,344 $ 206,480    
Change in adjustments related to future policy benefit reserves, net of tax 27,820         27,820        
Change in net unrealized gains (losses) on affiliate and other investments, net of tax (31,091)         (31,091)        
Change in OTTI losses recognized in other comprehensive income, net of tax 5,580         5,580        
Change in underfunded pension liability, net of tax 3,088         3,088        
Change in value of cash flow hedge (134)         (134)        
Foreign currency translation adjustments, net of tax 91,102         91,102        
Net income (loss) attributable to common shareholders 136,268               136,268  
Dividends on ordinary shares                 (170,172)  
Non-controlling interests - contributions                   6,393
Non-controlling interests - distributions                   (7,958)
Non-controlling interests - acquired                   0
Non-controlling interests                   5,916
Non-controlling interest share in change in accumulated other comprehensive income (loss)                   (1,021)
Balance, end of year at Sep. 30, 2016 $ 13,592,880     $ 2,704 $ 8,165,141 $ 1,519,805     $ 1,924,516 $ 1,980,714