Some form of spontaneous formation, partially caused by an as-yet-undiscovered, um, 'tendency' which leads to an increased chance of the creation of life.
Er...so not completely random - but not created - down to some aspect of subatomic physics or biolgy or something which in some way improves the odds on the formation of life. Call it 'crystallisation' or something - I've always liked the notion, unfounded as it may be, that there is an inherent tendency within the rules of the universe for life to develop.
I've always felt that saying life was in some way 'transported' to earth is really dodging the issue, because life still has to emerge somewhere.