ONEBEACON INSURANCE GROUP, LTD. Financial Statements (2026 and earlier)
Company Profile
| Business Address |
605 HIGHWAY 169 NORTH PLYMOUTH, MN 55441 |
| State of Incorp. | |
| Fiscal Year End | December 31 |
| Industry (SIC) | 6331 - Fire, Marine, and Casualty Insurance (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in millions)
| 6/30/2017 MRQ | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | |||
|---|---|---|---|---|---|---|---|---|
| ASSETS | ||||||||
| Current Assets | ||||||||
| Cash, cash equivalents, and short-term investments | 182 | 164 | 289 | 325 | 277 | |||
| Cash and cash equivalent | 70 | 95 | 87 | 168 | 44 | |||
| Short-term investments | 112 | 69 | 202 | 157 | 233 | |||
| Total current assets: | 182 | 164 | 289 | 325 | 277 | |||
| Noncurrent Assets | ||||||||
| Property, plant, and equipment, after accumulated depreciation, depletion, and amortization | 2 | 7 | 11 | 16 | ||||
| Long-term investments and receivables | 5 | 31 | ||||||
| Long-term investments | 5 | 31 | ||||||
| Regulated entity, other noncurrent assets | 2 | |||||||
| Total noncurrent assets: | 2 | 2 | 12 | 41 | 16 | |||
| Other undisclosed assets | 3,407 | 3,438 | 3,278 | 4,845 | 5,109 | |||
| TOTAL ASSETS: | 3,590 | 3,605 | 3,579 | 5,212 | 5,402 | |||
| LIABILITIES AND EQUITY | ||||||||
| Liabilities | ||||||||
| Current Liabilities | ||||||||
| Noncurrent Liabilities | ||||||||
| Liabilities, other than long-term debt | 5 | 6 | 7 | |||||
| Postemployment benefits liability | ✕ | ✕ | ✕ | 5 | 6 | 7 | ||
| Total noncurrent liabilities: | 5 | 6 | 7 | |||||
| Other undisclosed liabilities | 2,565 | 2,600 | 2,524 | 4,098 | 4,377 | |||
| Total liabilities: | 2,565 | 2,600 | 2,529 | 4,104 | 4,384 | |||
| Equity | ||||||||
| Equity, attributable to parent, including: | 1,021 | 1,001 | 1,047 | 1,104 | 1,015 | |||
| Accumulated other comprehensive income (loss) | (4) | (5) | (5) | 7 | (14) | |||
| Retained earnings (accumulated deficit) | 12 | (16) | 29 | 75 | 9 | |||
| Other undisclosed equity, attributable to parent | 1,013 | 1,022 | 1,024 | 1,023 | 1,019 | |||
| Equity, attributable to noncontrolling interest | 4 | 4 | 4 | 3 | 3 | |||
| Total equity: | 1,025 | 1,005 | 1,051 | 1,107 | 1,017 | |||
| TOTAL LIABILITIES AND EQUITY: | 3,590 | 3,605 | 3,579 | 5,212 | 5,402 | |||
Income Statement (P&L) ($ in millions)
| 6/30/2017 TTM | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|---|---|
| Revenues | 1,194 | 1,186 | 1,265 | 1,242 | 1,241 | ||
| Financial services revenue | 1,177 | 1,120 | 1,132 | ||||
| Cost of revenue | (656) | (240) | (815) | (622) | (650) | ||
| Deferred policy acquisition costs, amortization expense | (240) | 228 | |||||
| Financial services costs | (656) | (815) | (622) | (650) | |||
| Gross profit: | 538 | 947 | 450 | 620 | 591 | ||
| Operating expenses | (223) | (14) | (12) | (13) | |||
| Operating income: | 315 | 947 | 436 | 608 | 578 | ||
| Nonoperating income | 40 | 97 | 67 | ||||
| Investment income, nonoperating | 34 | 66 | 67 | ||||
| Other nonoperating income (expense) | 6 | 31 | (1) | ||||
| Interest and debt expense | (13) | (13) | (13) | (13) | (17) | ||
| Other undisclosed loss from continuing operations before equity method investments, income taxes | (206) | (908) | (422) | (510) | (522) | ||
| Income from continuing operations before income taxes: | 96 | 25 | 41 | 181 | 106 | ||
| Income tax expense (benefit) | 13 | 13 | 15 | (34) | (8) | ||
| Income from continuing operations: | 109 | 38 | 55 | 147 | 98 | ||
| Income before gain (loss) on sale of properties: | 109 | 38 | 55 | 147 | 98 | ||
| Other undisclosed net loss | (0) | (21) | (115) | ||||
| Net income (loss): | 109 | 38 | 35 | 147 | (18) | ||
| Net loss attributable to noncontrolling interest | (1) | (1) | (1) | (1) | (1) | ||
| Net income (loss) available to common stockholders, diluted: | 107 | 37 | 34 | 146 | (19) | ||
Comprehensive Income ($ in millions)
| 6/30/2017 TTM | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|---|---|
| Net income (loss): | 109 | 38 | 35 | 147 | (18) | ||
| Other comprehensive income (loss) | 1 | (1) | |||||
| Other undisclosed comprehensive income (loss) | 1 | (12) | 21 | (3) | |||
| Comprehensive income (loss): | 110 | 38 | 23 | 168 | (21) | ||
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | (1) | (1) | 1 | 1 | 1 | ||
| Other undisclosed comprehensive loss, net of tax, attributable to parent | (2) | (2) | (3) | ||||
| Comprehensive income (loss), net of tax, attributable to parent: | 108 | 37 | 22 | 167 | (22) | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.