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Financial Guaranty Insurance Contracts (Details 2) (USD $)
3 Months Ended 12 Months Ended
Dec. 31, 2011
Sep. 30, 2011
Jun. 30, 2011
Mar. 31, 2011
Dec. 31, 2010
Sep. 30, 2010
Jun. 30, 2010
Mar. 31, 2010
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Net Earned Premiums                      
Accretion of discount on net premiums receivable                 $ 31,800,000 $ 43,100,000 $ 27,700,000
Net earned premiums 225,000,000 211,100,000 230,000,000 254,000,000 286,300,000 288,700,000 297,000,000 314,700,000 920,055,000 1,186,705,000 930,429,000
Net earned premium related to consolidated FG VIEs                 74,700,000 47,600,000  
Gross premium receivable, net of ceding commissions payable:                      
Balance beginning of period       1,167,587,000       1,418,200,000 1,167,587,000 1,418,200,000 15,700,000
Change in accounting                   (19,000,000) 721,500,000
Balance beginning of the period, adjusted 1,167,600,000       1,399,200,000       1,167,600,000 1,399,200,000 737,200,000
Premiums receivable purchased in AGMH acquisition on July 1, 2009 after intercompany eliminations                     800,900,000
Premium written, net                 244,600,000 347,100,000 594,500,000
Premium payments received, net                 (317,600,000) (486,800,000) (736,400,000)
Adjustments to the premium receivable:                      
Changes in the expected term of financial guaranty insurance contracts                 (104,000,000) (101,800,000) (37,500,000)
Accretion of discount                 31,800,000 43,100,000 27,700,000
Foreign exchange translation                 (5,100,000) (31,400,000) 37,000,000
Consolidation of FG VIEs                 (9,800,000) (6,500,000)  
Other adjustments                 (4,600,000) (4,700,000) (5,200,000)
Balance end of period 1,002,852,000       1,167,587,000       1,002,852,000 1,167,587,000 1,418,200,000
Premium written related to FG insurance which replaced existing credit derivative contracts                 16,100,000    
Gross premium receivable, net of ceding commissions of consolidated FG VIEs 27,500,000       23,400,000       27,500,000 23,400,000  
Percentage of installment premium receivables denominated in currencies other than the U.S. dollar 47.00%       42.00%       47.00% 42.00%  
Gross premium collections expected:                      
Cash collections on FG VIEs 33,300,000               33,300,000    
Financial Guaranty
                     
Net Earned Premiums                      
Scheduled net earned premiums                 764,600,000 1,054,400,000 724,900,000
Acceleration of premium earnings                 125,200,000 90,000,000 173,800,000
Accretion of discount on net premiums receivable                 28,500,000 39,900,000 28,700,000
Total net earned premiums                 918,300,000 1,184,300,000 927,400,000
Adjustments to the premium receivable:                      
Accretion of discount                 28,500,000 39,900,000 28,700,000
Gross premium collections expected:                      
2012 (January 1 - March 31) 56,200,000               56,200,000    
2012 (April 1 - June 30) 40,600,000               40,600,000    
2012 (July 1 - September 30) 28,400,000               28,400,000    
2012 (October 1 - December 31) 42,800,000               42,800,000    
2013 104,300,000               104,300,000    
2014 92,100,000               92,100,000    
2015 81,800,000               81,800,000    
2016 75,900,000               75,900,000    
2017-2021 299,100,000               299,100,000    
2022-2026 200,300,000               200,300,000    
2027-2031 146,500,000               146,500,000    
After 2031 178,600,000               178,600,000    
Total 1,346,600,000               1,346,600,000    
Other
                     
Net Earned Premiums                      
Net earned premiums                 $ 1,800,000 $ 2,400,000 $ 3,000,000