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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2016
Dec. 31, 2015
Investments:    
Fixed maturities, at fair value (amortized cost: 2016 - $29,587,656; 2015 - $31,517,654) $ 30,256,602 $ 32,257,589
Equity securities, at fair value (cost: 2016 - $996,610; 2015 - $834,079) 1,037,331 878,919
Short-term investments, at fair value (amortized cost: 2016 - $626,142; 2015 - $618,851) 625,193 617,390
Total investments available for sale 31,919,126 33,753,898
Fixed maturities, at fair value (amortized cost: 2016 - $1,548,178; 2015 - $1,263,609) 1,617,014 1,235,699
Short-term investments, at fair value (amortized cost: 2016 - $9,536; 2015 - $60,176) 9,563 60,330
Total investments trading 1,626,577 1,296,029
Investments in affiliates 2,177,645 1,708,899
Other investments 1,164,564 1,433,057
Total investments 36,887,912 38,191,883
Cash and cash equivalents 3,426,988 3,256,236
Restricted cash 153,504 154,992
Accrued investment income 284,366 312,667
Deferred acquisition costs and value of business acquired 946,721 890,568
Ceded unearned premiums 1,687,864 1,821,793
Premiums receivable 5,522,976 4,712,493
Reinsurance balances receivable 577,479 418,666
Unpaid losses and loss expenses recoverable 5,491,297 5,262,706
Receivable from investments sold 128,411 231,158
Goodwill and other intangible assets 2,203,653 2,210,266
Deferred tax asset 310,542 282,311
Other assets 812,389 937,199
Total assets 58,434,102 58,682,938
Liabilities:    
Unpaid losses and loss expenses 25,939,571 25,439,744
Deposit liabilities 1,116,233 1,168,376
Future policy benefit reserves 3,506,047 4,163,500
Funds withheld on GreyCastle life retrocession arrangements (net of future policy benefit reserves recoverable: 2016 - $3,072,615; 2015 - $3,719,131) 998,968 914,629
Unearned premiums 7,293,028 7,043,358
Notes payable and debt 2,647,677 2,644,970
Reinsurance balances payable 2,451,717 2,117,727
Payable for investments purchased 226,009 130,060
Deferred tax liability 77,271 120,651
Other liabilities 1,216,902 1,285,460
Total liabilities 45,473,423 45,028,475
Commitments and Contingencies
Shareholders' Equity:    
Common shares, 999,990,000 authorized, par value $0.01; issued and outstanding (2016 - 266,889,127; 2015 - 294,745,045) 2,669 2,947
Additional paid in capital 8,068,503 8,910,167
Accumulated other comprehensive income 715,546 686,616
Retained earnings 2,151,794 2,077,349
Shareholders' equity attributable to XL Group Ltd 10,938,512 11,677,079
Non-controlling interest in equity of consolidated subsidiaries 2,022,167 1,977,384
Total shareholders' equity 12,960,679 13,654,463
Total liabilities and shareholders' equity $ 58,434,102 $ 58,682,938