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Computation of Earnings Per Ordinary Share and Ordinary Share Equivalent (Detail) - Computation of basic and diluted earnings per share (USD $)
In Thousands, except Per Share data
3 Months Ended9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Sep. 30, 2011
Sep. 30, 2010
Basic earnings per ordinary share:    
Net income (loss) attributable to XL Group plc (1)$ 42,398[1]$ 77,543[1]$ 40,777[1]$ 415,428[1]
Less: preference share dividends (1) [1] [1] [1](34,694)[1]
Add: gain on redemption of Redeemable Series C preference ordinary shares   16,616
Net income available to ordinary shareholders42,39877,54340,777397,350
Weighted average ordinary shares outstanding – basic (in Shares)311,714338,724310,793340,927
Basic earnings per ordinary share (in Dollars per share)$ 0.14$ 0.23$ 0.13$ 1.17
Diluted earnings per ordinary share:    
Weighted average ordinary shares outstanding – basic (in Shares)311,714338,724310,793340,927
Impact of share based compensation and certain conversion features$ 2,134$ 1,095$ 4,049$ 837
Weighted average ordinary shares outstanding – diluted (in Shares)313,848339,819314,842341,764
Diluted earnings per ordinary share (in Dollars per share)$ 0.14$ 0.23$ 0.13$ 1.16
Dividends per ordinary share (in Dollars per share)$ 0.11$ 0.10$ 0.33$ 0.30
[1]During the first quarter of 2011, the Redeemable Series C preference ordinary shares were reclassified as Non-controlling interest - Redeemable Series C preference ordinary shares and Series E preference ordinary shares were reclassified as Non-controlling interest in equity of consolidated subsidiaries on the Company's consolidated balance sheet as a result of changes in ownership structure arising as part of the Company's redomestication of the ultimate parent holding company to Ireland as of July 1, 2010. Accordingly, preference share dividends declared are recorded as Non-controlling interests rather than as Preference share dividends within the consolidated statements of income from July 1, 2010 onwards. See Note 1, "Basis of Preparation and Consolidation" for additional details. During the third quarter of 2011, all outstanding Redeemable Series C preference ordinary shares were repurchased and canceled.