Xl group ltd (XL)
Income statement / TTM
Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10Mar'10Sep'09Jun'09
Revenues:
Net premiums earned

10,592

10,414

10,336

10,117

9,930

9,946

9,777

9,707

9,697

9,247

8,226

7,275

6,325

5,740

5,895

6,050

6,202

6,268

6,309

6,336

6,259

6,183

6,090

5,948

5,853

5,765

5,690

5,590

5,502

5,406

5,414

5,482

5,546

0

0

0

Net investment income

870

847

829

808

815

821

827

846

861

869

872

883

884

893

918

933

944

944

957

961

963

993

1,012

1,038

1,088

1,122

1,137

1,157

1,163

1,169

1,198

1,234

1,266

0

0

0

Realized investment gains (losses):
Net realized gains (losses) on investments AFS

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

43

40

42

-28

-41

-77

-98

-65

-34

0

0

0

0

Other-than-temporary impairments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

293

215

158

174

-129

-89

-76

-170

344

487

0

0

0

OTTI transferred to (from) other comprehensive income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

12

9

-15

-13

3

14

58

34

-116

-157

0

0

0

Total realized investment gains (losses)

135

101

221

168

268

316

372

388

296

242

202

165

118

141

107

108

102

70

87

86

83

29

14

-47

-103

-101

-188

-242

-249

-301

-270

-491

-503

0

0

0

Net realized and unrealized gains (losses) on derivative instruments

-13

-30

-41

-28

-2

-0

2

-1

-14

32

53

68

81

44

29

22

18

1

7

6

11

12

5

26

-6

-13

-10

-40

-0

-9

-33

-37

-48

0

0

0

Income (loss) from investment affiliates

132

146

139

176

131

113

70

31

15

33

73

83

111

97

95

130

110

139

138

103

114

71

58

34

11

18

26

51

61

70

51

72

106

0

0

0

Fee income and other

39

41

48

43

40

41

35

37

36

36

33

34

38

36

43

40

40

41

40

46

49

51

51

47

45

42

41

41

41

40

40

37

36

0

0

0

Total revenues

11,622

11,387

11,328

11,320

11,024

10,884

10,546

10,284

10,265

10,303

9,308

8,125

7,098

6,237

6,602

7,067

7,401

7,466

7,541

7,542

7,481

7,342

7,232

7,047

6,888

6,834

6,696

6,557

6,519

6,376

6,398

6,298

6,403

0

0

0

Expenses:
Net losses and loss expenses incurred

8,232

8,040

8,001

7,745

6,170

6,273

6,072

5,887

5,860

5,378

4,766

4,124

3,520

3,196

3,258

3,463

3,610

3,719

3,731

3,978

3,865

3,754

3,765

3,632

3,726

3,723

4,078

3,780

3,604

3,528

3,211

3,269

3,237

0

0

0

Claims and policy benefits

44

42

39

37

32

30

28

68

84

101

115

88

85

148

242

340

436

468

465

458

461

475

486

496

516

523

535

532

537

523

513

576

606

0

0

0

Deferred Policy Acquisition Costs, Amortization Expense

1,854

1,816

1,788

1,708

1,666

1,653

1,620

1,640

1,645

1,567

1,317

1,075

849

692

738

785

841

888

909

924

922

909

913

894

865

862

826

819

810

775

788

792

817

0

0

0

Operating expenses

1,759

1,761

1,757

1,867

1,966

2,016

2,063

2,110

2,171

2,156

1,966

1,759

1,530

1,356

1,341

1,299

1,269

1,239

1,213

1,185

1,179

1,175

1,173

1,196

1,138

1,105

1,083

1,037

1,026

1,004

972

944

972

0

0

0

Foreign exchange (gains) losses

-51

-57

-44

-91

-34

-20

9

81

68

38

-22

-3

31

20

37

-4

-48

-15

28

27

28

35

-10

-11

46

37

40

39

-44

-20

10

25

-75

0

0

0

Loss (gain) sale of subsidiaries

-

-

-

0

-

-

-

0

-

-

-

0

-

0

-

0

0

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Extinguishment of debt

-

-

-

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest expense

187

193

190

190

206

208

209

209

212

206

205

187

178

142

134

140

135

159

155

152

152

171

172

181

193

190

205

214

224

218

213

210

205

0

0

0

Loss on termination of guarantee

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

Amortization of intangible assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1

1

0

0

0

Benefits, Losses and Expenses

12,131

11,912

11,822

11,638

10,069

10,195

9,978

9,836

9,912

9,377

8,399

7,239

6,132

6,182

6,343

6,700

7,007

6,491

6,446

6,671

6,552

6,451

6,521

6,842

6,822

6,796

7,117

6,344

6,246

6,094

5,713

5,793

5,940

0

0

0

Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Noncontrolling Interest

-508

-525

-494

-317

955

688

567

447

353

926

909

886

966

54

258

366

393

974

1,094

870

929

891

710

205

65

37

-420

212

272

282

684

505

463

0

0

0

Income (loss) from operating affiliates

68

60

63

59

66

45

44

50

46

34

44

53

65

83

107

125

130

135

119

102

81

68

53

20

53

79

76

170

148

123

121

69

73

0

0

0

Gain on sale of operating affiliate

-

-

-

-

-

-

-

-

-

-

340

340

340

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Provision (benefit) for income tax

75

77

59

-18

59

32

42

3

-51

-21

-19

58

125

86

96

62

33

68

77

55

55

55

34

94

119

114

59

76

81

100

162

106

92

0

0

0

Net Income (Loss), Including Portion Attributable to Noncontrolling Interest

-515

-542

-490

-240

962

700

570

495

451

1,322

1,313

1,221

1,246

51

268

429

490

1,041

1,136

917

954

903

730

131

0

3

-403

305

339

305

643

468

444

0

0

0

Non-controlling interests

27

17

70

44

132

129

129

130

130

129

106

103

83

82

80

79

77

76

76

77

78

78

79

77

75

74

70

76

75

73

39

32

-0

0

0

0

Net Income (Loss) Attributable to Parent

-543

-560

-560

-284

829

571

440

364

321

1,192

1,207

1,118

1,163

-31

188

349

412

964

1,059

840

876

825

651

612

665

0

-

0

0

-

603

436

444

0

0

0

Preference share dividends

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

67

72

0

0

0

Gain on redemption of Redeemable Series C preference ordinary shares

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

16

0

0

0

-

-

Net income (loss) attributable to ordinary shareholders

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

230

585

385

388

0

0

0

Weighted average common shares outstanding - basic (in thousands of shares)

258

256

255

257

260

265

268

273

281

291

297

301

289

255

256

264

270

276

281

285

289

295

300

304

309

315

319

311

309

311

322

338

342

342

342

0

Weighted average common shares outstanding - diluted (in thousands of shares)

263

261

243

261

264

269

272

277

285

296

302

306

293

260

265

269

270

280

283

290

294

299

303

307

312

317

284

313

341

311

325

339

342

342

342

0

Earnings (loss) per common share and common share equivalent - basic (in dollars per share)

1.23

0.59

0.00

-4.06

1.16

0.58

1.09

0.26

0.16

0.07

0.83

0.09

3.16

0.14

0.54

0.27

-1.03

0.93

1.07

0.48

0.94

1.19

0.28

0.57

0.71

0.56

-1.66

0.14

0.73

-0.73

0.58

0.23

0.56

0.37

-0.03

0.23

Earnings (loss) per common share and common share equivalent - diluted (in dollars per share)

1.21

0.58

0.00

-4.06

1.14

0.57

1.09

0.25

0.15

0.07

0.81

0.09

3.11

0.14

0.54

0.27

-1.03

0.91

1.06

0.47

0.93

1.17

0.27

0.56

0.71

0.56

-1.62

0.14

0.69

-0.73

0.57

0.23

0.56

0.37

-0.03

0.23

Excluding Life Funds Withheld Assets
Net investment income

747

723

702

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net realized gains (losses) on investments AFS

28

92

135

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net realized and change in net unrealized gains (losses) on equity securities

0

0

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net realized and change in net unrealized gains (losses) on other investments

0

0

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other-than-temporary impairments

9

7

12

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

OTTI transferred to (from) other comprehensive income

0

0

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Life Funds Withheld Assets [Member]
Net investment income

122

124

127

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net realized gains (losses) on investments AFS

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other-than-temporary impairments

2

2

1

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net realized gains (losses) on investments and change in net unrealized gains (losses) on investments, trading - Life Funds Withheld Assets

0

0

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net realized and unrealized gains (losses) on derivative instruments

-134

-132

-206

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Life Funds Withheld Assets
Net unrealized gains (losses) on investments, Trading - Life Funds Withheld Assets

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-