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Financial Guaranty Insurance Contracts (Details 4) (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
Dec. 31, 2008
Selected Information for Policies Paid in Installments                        
Premiums receivable, net of ceding commissions payable $ 1,002,852,000       $ 1,167,587,000       $ 1,002,852,000 $ 1,167,587,000 $ 1,418,200,000 $ 15,700,000
Rollforward of deferred acquisition costs                        
Balance, beginning of period       239,805,000       242,000,000 239,805,000 242,000,000 288,600,000  
Change in accounting                     101,800,000  
Settlement of pre-existing relationships                     (114,000,000)  
Costs deferred during the period:                        
Ceded and assumed commissions                 (12,500,000) (18,200,000) (10,200,000)  
Premium taxes                 6,600,000 11,600,000 14,200,000  
Compensation and other acquisition costs                 28,800,000 39,400,000 25,900,000  
Total                 22,900,000 32,800,000 29,900,000  
Costs amortized during the period (6,700,000) (7,300,000) (9,500,000) (7,400,000) (11,000,000) (8,000,000) (6,900,000) (8,200,000) (30,849,000) (34,057,000) (53,899,000)  
Foreign exchange translation                 0 (900,000) (10,400,000)  
Balance at the end of the period 231,875,000       239,805,000       231,875,000 239,805,000 242,000,000  
Present Value of Net Expected Loss to be paid Roll Forward by Sector                        
Period after the end of the reporting period within which the ceded paid losses are typically settled (in days) 45 days               45 days      
Expected LAE for mitigating claim liabilities 35,500,000       17,200,000       35,500,000 17,200,000    
Minimum
                       
Costs deferred during the period:                        
Weighted-average risk free rate (as a percent)                 0.00% 0.00%    
Maximum
                       
Costs deferred during the period:                        
Weighted-average risk free rate (as a percent)                 3.27% 5.34%    
Financial Guaranty
                       
Selected Information for Policies Paid in Installments                        
Gross deferred premium revenue 6,046,300,000       7,108,200,000       6,046,300,000 7,108,200,000    
Present Value of Net Expected Loss to be paid Roll Forward by Sector                        
Net Expected Loss to be Paid, at the beginning of the period       408,800,000       1,066,400,000 408,800,000 1,066,400,000    
Economic Loss Development                 202,200,000 229,800,000    
(Paid) Recovered Losses                 27,000,000 (887,400,000)    
Net Expected Loss to be Paid, at the end of the period 638,000,000       408,800,000       638,000,000 408,800,000    
Financial Guaranty | U.S. RMBS
                       
Present Value of Net Expected Loss to be paid Roll Forward by Sector                        
Net Expected Loss to be Paid, at the beginning of the period       160,800,000       819,800,000 160,800,000 819,800,000    
Economic Loss Development                 48,900,000 168,200,000    
(Paid) Recovered Losses                 109,500,000 (827,200,000)    
Net Expected Loss to be Paid, at the end of the period 319,200,000       160,800,000       319,200,000 160,800,000    
Financial Guaranty | Total first lien
                       
Present Value of Net Expected Loss to be paid Roll Forward by Sector                        
Net Expected Loss to be Paid, at the beginning of the period       909,900,000       827,100,000 909,900,000 827,100,000    
Economic Loss Development                 (24,100,000) 327,800,000    
(Paid) Recovered Losses                 (455,900,000) (245,000,000)    
Net Expected Loss to be Paid, at the end of the period 429,900,000       909,900,000       429,900,000 909,900,000    
Financial Guaranty | Prime first lien
                       
Present Value of Net Expected Loss to be paid Roll Forward by Sector                        
Net Expected Loss to be Paid, at the beginning of the period       1,400,000         1,400,000      
Economic Loss Development                 400,000 1,400,000    
Net Expected Loss to be Paid, at the end of the period 1,800,000       1,400,000       1,800,000 1,400,000    
Financial Guaranty | Alt-A first lien
                       
Present Value of Net Expected Loss to be paid Roll Forward by Sector                        
Net Expected Loss to be Paid, at the beginning of the period       184,400,000       204,400,000 184,400,000 204,400,000    
Economic Loss Development                 14,600,000 40,000,000    
(Paid) Recovered Losses                 (64,100,000) (60,000,000)    
Net Expected Loss to be Paid, at the end of the period 134,900,000       184,400,000       134,900,000 184,400,000    
Financial Guaranty | Option ARM
                       
Present Value of Net Expected Loss to be paid Roll Forward by Sector                        
Net Expected Loss to be Paid, at the beginning of the period       523,700,000       545,200,000 523,700,000 545,200,000    
Economic Loss Development                 3,900,000 160,100,000    
(Paid) Recovered Losses                 (374,700,000) (181,600,000)    
Net Expected Loss to be Paid, at the end of the period 152,900,000       523,700,000       152,900,000 523,700,000    
Financial Guaranty | Subprime
                       
Present Value of Net Expected Loss to be paid Roll Forward by Sector                        
Net Expected Loss to be Paid, at the beginning of the period       200,400,000       77,500,000 200,400,000 77,500,000    
Economic Loss Development                 (43,000,000) 126,300,000    
(Paid) Recovered Losses                 (17,100,000) (3,400,000)    
Net Expected Loss to be Paid, at the end of the period 140,300,000       200,400,000       140,300,000 200,400,000    
Financial Guaranty | Second lien
                       
Present Value of Net Expected Loss to be paid Roll Forward by Sector                        
Net Expected Loss to be Paid, at the beginning of the period       (749,100,000)       (7,300,000) (749,100,000) (7,300,000)    
Economic Loss Development                 73,000,000 (159,600,000)    
(Paid) Recovered Losses                 565,400,000 (582,200,000)    
Net Expected Loss to be Paid, at the end of the period (110,700,000)       (749,100,000)       (110,700,000) (749,100,000)    
Financial Guaranty | CES
                       
Present Value of Net Expected Loss to be paid Roll Forward by Sector                        
Net Expected Loss to be Paid, at the beginning of the period       56,600,000       199,300,000 56,600,000 199,300,000    
Economic Loss Development                 (78,000,000) (73,300,000)    
(Paid) Recovered Losses                 (58,200,000) (69,400,000)    
Net Expected Loss to be Paid, at the end of the period (79,600,000)       56,600,000       (79,600,000) 56,600,000    
Financial Guaranty | HELOCs
                       
Present Value of Net Expected Loss to be paid Roll Forward by Sector                        
Net Expected Loss to be Paid, at the beginning of the period       (805,700,000)       (206,600,000) (805,700,000) (206,600,000)    
Economic Loss Development                 151,000,000 (86,300,000)    
(Paid) Recovered Losses                 623,600,000 (512,800,000)    
Net Expected Loss to be Paid, at the end of the period (31,100,000)       (805,700,000)       (31,100,000) (805,700,000)    
Financial Guaranty | Structured Finance
                       
Present Value of Net Expected Loss to be paid Roll Forward by Sector                        
Net Expected Loss to be Paid, at the beginning of the period       159,100,000       115,700,000 159,100,000 115,700,000    
Economic Loss Development                 111,000,000 52,000,000    
(Paid) Recovered Losses                 (17,300,000) (8,600,000)    
Net Expected Loss to be Paid, at the end of the period 252,800,000       159,100,000       252,800,000 159,100,000    
Financial Guaranty | Public finance
                       
Present Value of Net Expected Loss to be paid Roll Forward by Sector                        
Net Expected Loss to be Paid, at the beginning of the period       88,900,000       130,900,000 88,900,000 130,900,000    
Economic Loss Development                 42,300,000 9,600,000    
(Paid) Recovered Losses                 (65,200,000) (51,600,000)    
Net Expected Loss to be Paid, at the end of the period 66,000,000       88,900,000       66,000,000 88,900,000    
Policies Paid in Installments
                       
Selected Information for Policies Paid in Installments                        
Premiums receivable, net of ceding commissions payable 1,002,900,000       1,167,600,000       1,002,900,000 1,167,600,000    
Gross deferred premium revenue 2,192,600,000       2,933,600,000       2,192,600,000 2,933,600,000    
Weighted-average risk-free rate used to discount premiums (as a percent)                 3.40% 3.50%    
Weighted-average period of premiums receivable (in years)                 9.8 10.1    
Other
                       
Present Value of Net Expected Loss to be paid Roll Forward by Sector                        
Net Expected Loss to be Paid, at the end of the period $ 1,900,000       $ 2,100,000       $ 1,900,000 $ 2,100,000