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Derivative Instruments - Impact of life retro arrangements (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Derivative [Line Items]        
Underwriting profit (loss) $ 162,192 $ 104,648 $ 431,920 $ 447,186
Net investment income 209,771 225,146 631,045 656,863
Foreign exchange (gains) losses (1,695) 11,661 (54,614) 49,425
Other income and expenses [1] (3,271) (4,420) (8,324) (12,292)
Net realized and unrealized gains (losses) on life retrocession embedded derivative 5,490 (7,903) 2,774 57,127
Net income (loss) 128,677 85,171 260,531 1,078,760
Change in adjustments related to future policy benefit reserves, net of tax 2,058 40,681 27,820 127,365
Foreign currency translation adjustments, net of tax 44,198 (22,394) 91,102 (20,714)
Comprehensive income (loss) 111,218 (121,092) 833,189 (529,376)
Life Funds Withheld Assets        
Derivative [Line Items]        
Net investment income 38,937 46,586 119,643 143,869
Net realized gains (losses) on investments sold 44,011 53,780 108,541 174,555
Net unrealized gains (losses) on investments, trading securities 41,270 (149) 165,653 (18,932)
Other-than-temporary impairments on investments 0 (2,023) (2,598) (10,110)
Net realized and unrealized gains (losses) on life retrocession embedded derivative (225,610) (126,140) (691,432) (116,333)
Change in net unrealized gains (losses) on investments, net of tax 77,242 (33,569) 206,480 (317,500)
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 38,937 46,586 119,643 143,869
Net realized gains (losses) on investments sold 44,011 53,780 108,541 174,555
Net unrealized gains (losses) on investments, trading securities 41,270 (149) 165,653 (18,932)
Other-than-temporary impairments on investments 0 (2,023) (2,598) (10,110)
Foreign exchange (gains) losses 1,535 8,754 5,899 (5,932)
Other income and expenses 0 (121) (170) 2,354
Net realized and unrealized gains (losses) on life retrocession embedded derivative (225,610) (126,140) (691,432) (116,333)
Net income (loss) (99,857) (19,313) (294,464) 170,074
Change in net unrealized gains (losses) on investments, net of tax 77,242 (33,569) 206,480 (317,500)
Change in adjustments related to future policy benefit reserves, net of tax 2,058 40,681 27,820 127,365
Foreign currency translation adjustments, net of tax 20,557 12,201 60,164 20,664
Change In Other Comprehensive Income Life Retro Arrangements 99,857 19,313 294,464 (169,471)
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 nine months ended September 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 nine months ended September 30, 2015.