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Guarantor Financial Information Income Statement (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Revenues:        
Net premiums earned $ 2,434,037 $ 2,423,552 $ 7,320,859 $ 5,839,605
Net investment income 209,771 225,146 631,045 656,863
Total net realized gains (losses) on investments 143,676 51,407 341,043 154,265
Net realized and unrealized gains (losses) on derivative instruments 5,490 (7,903) 2,774 57,127
Income (loss) from investment fund affiliates 12,156 (3,715) 20,756 62,991
Fee income and other 8,600 7,355 27,724 23,095
Total revenues 2,588,120 2,569,702 7,652,769 6,677,613
Expenses:        
Net losses and loss expenses incurred 1,491,803 1,464,285 4,506,674 3,385,307
Claims and policy benefits 5,875 22,579 16,294 64,047
Acquisition costs [1] 403,888 409,173 1,227,675 904,486
Operating expenses 508,458 570,142 1,546,360 1,403,152
Exchange (gains) losses (1,695) 11,661 (54,614) 49,425
Loss (gain) on sale of subsidiary (3,670) 0 (3,670) 0
Interest expense 49,445 51,929 157,486 153,034
Total expenses 2,454,104 2,529,769 7,396,205 5,959,451
Income (loss) before income tax and income (loss) from operating affiliates 134,016 39,933 256,564 718,162
Income (loss) from operating affiliates 12,410 8,196 46,478 40,326
Gain on sale of operating affiliate 0 0 0 340,407
Equity in net earnings (losses) of subsidiaries 0 0 0 0
Provision (benefit) for income tax 17,749 (37,042) 42,511 20,135
Net income (loss) 128,677 85,171 260,531 1,078,760
Non-controlling interests 58,076 57,889 124,263 100,158
Net income (loss) attributable to ordinary shareholders 70,601 27,282 136,268 978,602
Comprehensive income (loss) 181,819 (93,810) 969,457 449,226
Life Funds Withheld Assets        
Revenues:        
Net investment income 38,937 46,586 119,643 143,869
Net realized and unrealized gains (losses) on derivative instruments (225,610) (126,140) (691,432) (116,333)
Consolidating Adjustments and Eliminations        
Revenues:        
Net premiums earned 0 0 0 0
Net investment income 910 598 1,896 2,711
Total net realized gains (losses) on investments 49 (9,999) 1,949 (8,735)
Net realized and unrealized gains (losses) on derivative instruments 0 0 0 0
Income (loss) from investment fund affiliates 0 0 0 0
Fee income and other 0 0 0 0
Total revenues 959 (9,401) 3,845 (6,024)
Expenses:        
Net losses and loss expenses incurred 0 0 0 0
Claims and policy benefits 0 0 0 0
Acquisition costs 0 0 0 0
Operating expenses 0 0 0 0
Exchange (gains) losses 0 0 0 0
Loss (gain) on sale of subsidiary 0   0  
Interest expense 0 0 0 0
Total expenses 0 0 0 0
Income (loss) before income tax and income (loss) from operating affiliates 959 (9,401) 3,845 (6,024)
Income (loss) from operating affiliates 0 0 0 0
Gain on sale of operating affiliate 0 0 0 0
Equity in net earnings (losses) of subsidiaries (254,725) (184,362) (494,796) (2,191,969)
Provision (benefit) for income tax 0 0 0 0
Net income (loss) (253,766) (193,763) (490,951) (2,197,993)
Non-controlling interests (75) (20) (251) (154)
Net income (loss) attributable to ordinary shareholders (253,691) (193,743) (490,700) (2,197,839)
Comprehensive income (loss) (476,127) 48,441 (2,157,078) (1,139,087)
Consolidating Adjustments and Eliminations | Life Funds Withheld Assets        
Revenues:        
Net realized and unrealized gains (losses) on derivative instruments 0 0 0 0
XL- Bermuda/Ireland        
Revenues:        
Net premiums earned 0 [2] 0 0 [2] 0
Net investment income 75 [2] 20 251 [2] 154
Total net realized gains (losses) on investments 0 [2] 0 0 [2] 0
Net realized and unrealized gains (losses) on derivative instruments 0 [2] 0 0 [2] 0
Income (loss) from investment fund affiliates 0 [2] 0 0 [2] 0
Fee income and other 0 [2] 0 0 [2] 0
Total revenues 75 [2] 20 251 [2] 154
Expenses:        
Net losses and loss expenses incurred 0 [2] 0 0 [2] 0
Claims and policy benefits 0 [2] 0 0 [2] 0
Acquisition costs 0 [2] 0 0 [2] 0
Operating expenses 19,979 [2] 34,514 22,753 [2] 40,230
Exchange (gains) losses (180) [2] (16) (633) [2] (287)
Loss (gain) on sale of subsidiary [2] 0   0  
Interest expense 10 [2] 9 (5) [2] 11
Total expenses 19,809 [2] 34,507 22,115 [2] 39,954
Income (loss) before income tax and income (loss) from operating affiliates (19,734) [2] (34,487) (21,864) [2] (39,800)
Income (loss) from operating affiliates 0 [2] 0 0 [2] 0
Gain on sale of operating affiliate 0 [2] 0 0 [2] 0
Equity in net earnings (losses) of subsidiaries 90,335 [2] 61,769 157,512 [2] 1,018,186
Provision (benefit) for income tax 0 [2] 0 (620) [2] (216)
Net income (loss) 70,601 [2] 27,282 136,268 [2] 978,602
Non-controlling interests 0 [2] 0 0 [2] 0
Net income (loss) attributable to ordinary shareholders 70,601 [2] 27,282 136,268 [2] 978,602
Comprehensive income (loss) 181,819 [2] (93,810) 969,457 [2] 449,226
XL- Bermuda/Ireland | Life Funds Withheld Assets        
Revenues:        
Net realized and unrealized gains (losses) on derivative instruments 0 [2] 0 0 [2] 0
XL-Cayman        
Revenues:        
Net premiums earned 0 0 0 0
Net investment income 2,463 2,522 7,344 8,222
Total net realized gains (losses) on investments 370 10,291 1,623 14,092
Net realized and unrealized gains (losses) on derivative instruments 0 0 0 12,365
Income (loss) from investment fund affiliates 0 0 0 0
Fee income and other 0 0 0 0
Total revenues 2,833 12,813 8,967 34,679
Expenses:        
Net losses and loss expenses incurred 0 0 0 0
Claims and policy benefits 0 0 0 0
Acquisition costs 0 0 0 0
Operating expenses 5,625 2,289 8,191 7,731
Exchange (gains) losses 32 135 (140) 117
Loss (gain) on sale of subsidiary 0   0  
Interest expense 35,320 35,623 105,666 108,097
Total expenses 40,977 38,047 113,717 115,945
Income (loss) before income tax and income (loss) from operating affiliates (38,144) (25,234) (104,750) (81,266)
Income (loss) from operating affiliates 0 0 0 0
Gain on sale of operating affiliate 0 0 0 0
Equity in net earnings (losses) of subsidiaries 164,390 122,593 337,284 1,173,783
Provision (benefit) for income tax 0 0 0 245
Net income (loss) 126,246 97,359 232,534 1,092,272
Non-controlling interests 35,911 35,590 75,022 74,086
Net income (loss) attributable to ordinary shareholders 90,335 61,769 157,512 1,018,186
Comprehensive income (loss) 201,553 (59,323) 990,701 488,810
XL-Cayman | Life Funds Withheld Assets        
Revenues:        
Net realized and unrealized gains (losses) on derivative instruments 0 0 0 0
Other XL Subsidiaries        
Revenues:        
Net premiums earned 2,434,037 2,423,552 7,320,859 5,839,605
Net investment income 206,323 222,006 621,554 645,776
Total net realized gains (losses) on investments 143,257 51,115 337,471 148,908
Net realized and unrealized gains (losses) on derivative instruments 5,490 (7,903) 2,774 44,762
Income (loss) from investment fund affiliates 12,156 (3,715) 20,756 62,991
Fee income and other 8,600 7,355 27,724 23,095
Total revenues 2,584,253 2,566,270 7,639,706 6,648,804
Expenses:        
Net losses and loss expenses incurred 1,491,803 1,464,285 4,506,674 3,385,307
Claims and policy benefits 5,875 22,579 16,294 64,047
Acquisition costs 403,888 409,173 1,227,675 904,486
Operating expenses 482,854 533,339 1,515,416 1,355,191
Exchange (gains) losses (1,547) 11,542 (53,841) 49,595
Loss (gain) on sale of subsidiary (3,670)   (3,670)  
Interest expense 14,115 16,297 51,825 44,926
Total expenses 2,393,318 2,457,215 7,260,373 5,803,552
Income (loss) before income tax and income (loss) from operating affiliates 190,935 109,055 379,333 845,252
Income (loss) from operating affiliates 12,410 8,196 46,478 40,326
Gain on sale of operating affiliate 0 0 0 340,407
Equity in net earnings (losses) of subsidiaries 0 0 0 0
Provision (benefit) for income tax 17,749 (37,042) 43,131 20,106
Net income (loss) 185,596 154,293 382,680 1,205,879
Non-controlling interests 22,240 22,319 49,492 26,226
Net income (loss) attributable to ordinary shareholders 163,356 131,974 333,188 1,179,653
Comprehensive income (loss) 274,574 10,882 1,166,377 650,277
Other XL Subsidiaries | Life Funds Withheld Assets        
Revenues:        
Net realized and unrealized gains (losses) on derivative instruments $ (225,610) $ (126,140) $ (691,432) $ (116,333)
[1] The Company has reflected the amortization of certain fair value adjustments recorded in conjunction with the Catlin Acquisition within the respective segments.
[2] Results for the period include XL-Ireland, which prior to the Redomestication was the ultimate parent and is now in liquidation proceedings as outlined in Note 1, "Basis of Preparation and Consolidation." The Company expects the net assets of XL-Ireland to ultimately be distributed to XL-Bermuda upon completion of the liquidation.