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CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Revenues:    
Net premiums earned $ 1,436,418 $ 1,361,383
Net investment income 265,242 280,263
Realized investment gains (losses):    
Net realized gains (losses) on investments sold 41,768 (28,992)
Other-than-temporary impairments on investments (18,565) (33,720)
Other-than-temporary impairments on investments transferred to (from) other comprehensive income (2,400) (3,725)
Total net realized gains (losses) on investments 20,803 (66,437)
Net realized and unrealized gains (losses) on derivative instruments 702 3,567
Income (loss) from investment fund affiliates 19,408 27,150
Fee income and other 9,859 8,932
Total revenues 1,752,432 1,614,858
Expenses:    
Net losses and loss expenses incurred 854,065 1,208,865
Claims and policy benefits 121,307 133,231
Acquisition costs 224,151 188,490
Operating expenses 282,411 260,992
Exchange (gains) losses 12,718 9,514
Interest expense 39,298 54,147
Total expenses 1,533,950 1,855,239
Income (loss) before income tax and income (loss) from operating affiliates 218,482 (240,381)
Income (loss) from operating affiliates 16,253 13,636
Provision (benefit) for income tax 21,550 (32,797)
Net income (loss) 213,185 (193,948)
Non-controlling interests (36,557) (33,336)
Net income (loss) attributable to XL Group plc and ordinary shareholders $ 176,628 $ (227,284)
Weighted average ordinary shares and ordinary share equivalents outstanding – basic (in Shares) 315,120 311,478
Weighted average ordinary shares and ordinary share equivalents outstanding – diluted (in Shares) 317,639 311,478
Earnings (loss) per ordinary share and ordinary share equivalent – basic (in Dollars per share) $ 0.56 $ (0.73)
Earnings (loss) per ordinary share and ordinary share equivalent – diluted (in Dollars per share) $ 0.56 $ (0.73)