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Financial Guaranty Contracts Accounted for as Credit Derivatives (Details 5) (USD $)
12 Months Ended
Dec. 31, 2011
Counterparty
Agreement
Dec. 31, 2010
Dec. 31, 2011
AGC
Dec. 31, 2010
AGC
Dec. 31, 2009
AGC
Dec. 31, 2008
AGC
Dec. 31, 2007
AGC
Dec. 31, 2011
AGM
Dec. 31, 2010
AGM
Dec. 31, 2009
AGM
Jul. 01, 2009
AGM
Credit Derivatives                      
Quoted price of CDS contract (as a percent)     11.40% 8.04% 6.34% 17.75% 1.90% 7.78% 6.50% 5.41% 10.47%
Components of Credit Derivative Assets (Liabilities)                      
Credit derivative assets $ 468,933,000 $ 592,898,000                  
Credit derivative liabilities (1,772,803,000) (2,462,831,000)                  
Net fair value of credit derivatives (1,303,900,000) (1,869,900,000)                  
Less: Effect of AGC and AGM credit spreads 4,291,900,000 3,669,400,000                  
Fair value of credit derivatives before effect of AGC and AGM credit spreads (5,595,800,000) (5,539,300,000)                  
Other credit derivative disclosures                      
Loss from widening of spreads 56,500,000                    
Par insured that could be terminated if ratings were downgraded 2,400,000,000                    
Number of ISDA master agreements 3                    
Par insured that could be terminated if ratings were downgraded to BBB- or Baa3 89,000,000                    
Number of counterparties that could terminate for ratings downgrade to BBB- or Baa3 1                    
Par insured that could be terminated if ratings were downgraded to BB+ or Ba1 2,300,000,000                    
Number of counterparties that could terminate for ratings downgrade to BB+ or Ba1 2                    
Amount of par subject to collateral posting 14,800,000,000                    
Collateral agreed to be posted 779,900,000                    
Amount of par subject to collateral for which the amount of collateral is capped 14,300,000,000                    
Cap on collateral requirement at current ratings levels 625,000,000                    
Increase to cap on collateral requirement if ratings are downgraded to A+ or A3 50,000,000                    
Cap on collateral requirement if ratings are downgraded to A+ or A3 $ 675,000,000