ONEBEACON INSURANCE GROUP, LTD. (OB) financial statements (2020 and earlier)

Company profile

Business Address 605 HIGHWAY 169 NORTH
PLYMOUTH, MN 55441
State of Incorp.
Fiscal Year End December 31
SIC 6331 - Fire, Marine, and Casualty Insurance (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2016
12/31/2015
12/31/2014
12/31/2013
12/31/2012
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments182164289325277
Cash and cash equivalents70958716844
Short-term investments11269202157233
Total current assets:182164289325277
Noncurrent Assets
Property, plant and equipment 271116
Long-term investments and receivables  531 
Long-term investments  531 
Regulated entity, other noncurrent assets2    
Total noncurrent assets:22124116
Other undisclosed assets3,4073,4383,2784,8455,109
TOTAL ASSETS:3,5903,6053,5795,2125,402
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Noncurrent Liabilities
Liabilities, other than long-term debt  567
Postemployment benefits liability567
Total noncurrent liabilities:  567
Other undisclosed liabilities2,5652,6002,5244,0984,377
Total liabilities:2,5652,6002,5294,1044,384
Stockholders' equity
Stockholders' equity attributable to parent, including:1,0211,0011,0471,1041,015
Accumulated other comprehensive income (loss)(4)(5)(5)7(14)
Retained earnings (accumulated deficit)12(16)29759
Other undisclosed stockholders' equity attributable to parent1,0131,0221,0241,0231,019
Stockholders' equity attributable to noncontrolling interest44433
Total stockholders' equity:1,0251,0051,0511,1071,017
TOTAL LIABILITIES AND EQUITY:3,5903,6053,5795,2125,402

Income statement (P&L) ($ in millions)

12/31/2016
12/31/2015
12/31/2014
12/31/2013
12/31/2012
Revenues1,1941,1861,2651,2421,241
Financial services revenue  1,1771,1201,132
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:538947450620591
Operating expenses(223) (14)(12)(13)
Operating income:315947436608578
Nonoperating income  409767
Investment income, nonoperating  346667
Other nonoperating income (expense)  631(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:962541181106
Income tax expense (benefit)131315(34)(8)
Income before gain (loss) on sale of properties:109385514798
Other undisclosed net loss (0)(21) (115)
Net income (loss):1093835147(18)
Net loss attributable to noncontrolling interest(1)(1)(1)(1)(1)
Net income (loss) available to common stockholders, diluted:1073734146(19)

Comprehensive Income ($ in millions)

12/31/2016
12/31/2015
12/31/2014
12/31/2013
12/31/2012
Net income (loss):1093835147(18)
Other comprehensive income (loss)1(1)   
Other undisclosed comprehensive income (loss) 1(12)21(3)
Comprehensive income (loss):1103823168(21)
Comprehensive income (loss), net of tax, attributable to noncontrolling interest(1)(1)111
Other undisclosed comprehensive loss, net of tax, attributable to parent  (2)(2)(3)
Comprehensive income (loss), net of tax, attributable to parent:1083722167(22)

Statements sources

The financial statements are based on the company's filings with the 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.

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