XML 123 R58.htm IDEA: XBRL DOCUMENT v2.4.0.6
Financial Guaranty Insurance Contracts (Details 3) (USD $)
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Gross      
Total $ 5,962,799,000 $ 6,972,894,000 $ 8,268,000,000
Ceded      
Total 708,872,000 821,819,000  
Net      
Total 5,253,900,000 6,151,100,000  
Total net unearned premium reserve related to FG VIE 274,200,000 193,200,000  
Net      
Reduction in future scheduled amortization of deferred premium revenue due to consolidating FG VIEs 407,200,000    
Reduction in net present value of expected loss due to consolidating FG VIEs 222,700,000    
Financial Guaranty
     
Gross      
Deferred premium revenue 6,046,300,000 7,108,200,000  
Contra-paid (92,200,000) (146,100,000)  
Total 5,954,100,000 6,962,100,000  
Ceded      
Deferred premium revenue 727,400,000 846,200,000  
Contra-paid (18,800,000) (24,800,000)  
Total 708,600,000 821,400,000  
Net      
Deferred premium revenue 5,318,900,000 6,262,000,000  
Contra-paid (73,400,000) (121,300,000)  
Total 5,245,500,000 6,140,700,000  
Scheduled Net Earned Premium      
2012 (January 1 - March 31) 153,500,000    
2012 (April 1 - June 30) 147,500,000    
2012 (July 1 - September 30) 140,500,000    
2012 (October 1 - December 31) 134,500,000    
Subtotal 2012 576,000,000    
2013 485,800,000    
2014 426,500,000    
2015 378,400,000    
2016 343,100,000    
2017-2021 1,297,700,000    
2022-2026 811,800,000    
2027-2031 492,500,000    
After 2031 507,100,000    
Total present value basis 5,318,900,000    
Discount 296,000,000    
Total future value 5,614,900,000    
Net Expected Loss to be Expensed      
2012 (January 1 - March 31) 32,100,000    
2012 (April 1 - June 30) 27,500,000    
2012 (July 1 - September 30) 24,000,000    
2012 (October 1 - December 31) 20,900,000    
Subtotal 2012 104,500,000    
2013 61,000,000    
2014 44,000,000    
2015 34,900,000    
2016 30,900,000    
2017-2021 135,300,000    
2022-2026 68,100,000    
2027-2031 34,400,000    
After 2031 24,300,000    
Total present value basis 537,400,000 833,900,000  
Discount 276,100,000    
Total future value 813,500,000    
Net      
2012 (January 1 - March 31) 121,400,000    
2012 (April 1 - June 30) 120,000,000    
2012 (July 1 - September 30) 116,500,000    
2012 (October 1 - December 31) 113,600,000    
Subtotal 2012 471,500,000    
2013 424,800,000    
2014 382,500,000    
2015 343,500,000    
2016 312,200,000    
2017-2021 1,162,400,000    
2022-2026 743,700,000    
2027-2031 458,100,000    
After 2031 482,800,000    
Total present value basis 4,781,500,000    
Discount 19,900,000    
Total future value 4,801,400,000    
Other
     
Gross      
Total 8,700,000 10,800,000  
Ceded      
Total 300,000 400,000  
Net      
Total $ 8,400,000 $ 10,400,000