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Financial Guaranty Insurance Contracts (Details 10)
12 Months Ended 1 Months Ended 12 Months Ended 12 Months Ended 12 Months Ended 12 Months Ended
Dec. 31, 2011
USD ($)
Transaction
Dec. 31, 2010
USD ($)
Dec. 31, 2009
USD ($)
Dec. 31, 2011
Maximum
USD ($)
Dec. 31, 2011
"XXX" Life Insurance Transactions
USD ($)
Dec. 31, 2011
"XXX" Life Insurance Transactions
Below investment grade ("BIG")
USD ($)
Dec. 31, 2011
Student Loan
USD ($)
Jun. 30, 2011
Trust preferred securities collateralized debt obligations
Transaction
Dec. 31, 2011
Trust preferred securities collateralized debt obligations
USD ($)
Dec. 31, 2011
Trust preferred securities collateralized debt obligations
Below investment grade ("BIG")
USD ($)
Dec. 31, 2011
Public finance student loan
USD ($)
Dec. 31, 2011
Public finance student loan
Below investment grade ("BIG")
USD ($)
Dec. 31, 2011
Asset-backed student loan
USD ($)
Dec. 31, 2011
Asset-backed student loan
Below investment grade ("BIG")
USD ($)
Dec. 31, 2011
Jefferson County Alabama Sewer Authority
USD ($)
Dec. 31, 2010
Jefferson County Alabama Sewer Authority
USD ($)
Dec. 31, 2011
Telephone directory "yellow pages"
USD ($)
Dec. 31, 2010
Telephone directory "yellow pages"
USD ($)
Dec. 31, 2011
Manufactured housing loans
USD ($)
Transaction
Dec. 31, 2010
Manufactured housing loans
USD ($)
Dec. 31, 2011
Manufactured housing loans
Below investment grade ("BIG")
USD ($)
Dec. 31, 2011
Harrisburg, Pennsylvania
USD ($)
Dec. 31, 2011
Harrisburg, Pennsylvania
Below investment grade ("BIG")
USD ($)
Dec. 31, 2011
Sovereign debt of Greece with a 4.5% fixed coupon
EUR (€)
Dec. 31, 2011
Jefferson County Alabama Sewer Authority Warrants
USD ($)
Dec. 31, 2011
Jefferson County Alabama Sewer Authority Bonds
USD ($)
Dec. 31, 2011
Sovereign debt of Greece due in 2057 with a 2.085% inflation-linked coupon
EUR (€)
Financial guarantee obligations                                                      
Net exposure of debt                                               € 165,100,000     € 52,600,000
Exposure of debt                                               200,000,000     113,900,000
Coupon rate (as a percent)                                               4.50%     2.085%
Reduction of notional amount due to relief measures related to sovereign debt of Greece (as a percent)                                               53.50%     53.50%
Weighted-average discounted loss posted by the Company, gross of reinsurance       64,700,000                                              
Weighted average discounted loss posted by the Company, net of reinsurance       42,600,000                                              
Net Par Outstanding Financial Guaranty Insurance         2,300,000,000 882,500,000 3,000,000,000   1,800,000,000 940,600,000 1,500,000,000 237,600,000 1,500,000,000 614,400,000 731,800,000   110,700,000   339,600,000   228,600,000 168,600,000 95,300,000   495,800,000 236,000,000  
Gross expected loss 679,011,000 574,369,000 306,400,000   129,500,000   74,600,000               26,700,000 33,000,000 21,900,000 1,100,000                  
Largest expected loss to be paid for a single transaction             27,500,000   13,200,000                               0 1,000,000  
Projected net expected loss             3,300,000               6,300,000   20,800,000                    
Amount of transactions insured converted from CDS form to financial guaranty form                 835,100,000                                    
Number of transactions for which estimated loss was projected                                     2                
Number of TruPS CDOs converted to financial guaranty form               2                                      
Number of direct transactions for which estimated loss was projected                                     2                
Expected loss on direct transactions                                     18,400,000 14,300,000         218,700,000 170,900,000  
Net par of contracts for which estimated loss was projected                                     144,800,000                
Expected loss on assumed transactions                                     5,400,000           277,100,000 65,100,000  
Number of assumed transactions for which estimated loss was projected                                     11                
Net par of assumed contracts for which estimated loss was projected                                     83,700,000                
Net claims to date                                           6,900,000          
Number of U.S. RMBS transactions for which lawsuits were filed alleging breaches of R&W 6                                                    
Number of U.S. RMBS transactions for which lawsuits were filed alleging violations of state securities laws and other claims 2                                                    
Increase in projected expected loss to be paid         $ 55,700,000       $ 13,800,000