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Financial Guaranty Insurance Contracts (Details 8) (USD $)
3 Months Ended6 Months Ended
Jun. 30, 2011
Statements
Entities
Y
RatingCategories
Counterparties
Securities
Agreements
Policies
D
Subsidiaries
Markets
Companies
FiscalQuarters
Transactions
Jun. 30, 2010
Jun. 30, 2011
RatingAgency
RatingCategories
Subsidiaries
Counterparties
Securities
Agreements
Policies
D
Markets
Companies
FiscalQuarters
Entities
Transactions
Jun. 30, 2010
Dec. 31, 2010
Policies
Securities
Financial guarantee obligations     
Number of negotiated agreements2 2  
Threshold days delinquent for which all loan files are requested for review (in days)60 60  
Salvage and subrogation recoverable     
Benefit for R&W$ 400,000,000 $ 400,000,000 $ 900,000,000
Effect of Consolidating FG VIEs(200,000,000) (200,000,000) (100,000,000)
Reported on Balance Sheet200,000,000 200,000,000 800,000,000
Loss and LAE reserve     
Benefit for R&W900,000,000 900,000,000 500,000,000
Effect of Consolidating FG VIEs(100,000,000) (100,000,000) (100,000,000)
Reported on Balance Sheet800,000,000 800,000,000 400,000,000
Unearned premium reserve     
Benefit for R&W200,000,000 200,000,000 200,000,000
Reported on Balance Sheet200,000,000 200,000,000 200,000,000
Total     
Benefit for R&W1,473,300,0001,320,800,0001,473,300,0001,320,800,000 
Effect of Consolidating FG VIEs(300,000,000) (300,000,000) (200,000,000)
Reported on Balance Sheet1,200,000,000 1,200,000,000 1,400,000,000
Rollforward of Estimated Benefit from Recoveries of Representation and Warranty Breaches, Net of Reinsurance     
Future Net R&W Benefit at the beginning of the period  1,600,500,0001,173,100,000 
R&W Development and Accretion of Discount90,900,00055,900,000770,900,000211,900,000 
Future Net R&W Benefit at the end of the period1,473,300,0001,320,800,0001,473,300,0001,320,800,000 
Number of Risks as of the end of the period with R&W Benefit Recorded55 55 46
Outstanding Principal and Interest of Policies with R&W Benefit Recorded as of the end of the period9,019,900,000 9,019,900,000 7,493,100,000
Breakdown of the development and accretion amount     
Inclusion of new deals with breaches of R&W during period  107,100,00062,400,000 
Change in recovery assumptions as the result of additional file review and recovery success 35,500,000198,400,00065,300,000 
Estimated increase (decrease) in defaults that will result in additional breaches(5,800,000)18,400,00034,000,00082,100,000 
Results of Bank of America Agreement95,600,000 429,700,000  
Accretion of discount on balance1,100,0002,000,0001,700,0002,100,000 
Total90,900,00055,900,000770,900,000211,900,000 
U.S. RMBS
     
Rollforward of Estimated Benefit from Recoveries of Representation and Warranty Breaches, Net of Reinsurance     
R&W Recovered  (898,100,000)(64,200,000) 
R&W benefit attributable to transactions covered by the Bank of America Agreement588,900,000 588,900,000  
Gross R&W amounts recovered  1,015,000,00072,000,000 
Alt-A first lien
     
Total     
Benefit for R&W127,600,00079,200,000127,600,00079,200,000 
Rollforward of Estimated Benefit from Recoveries of Representation and Warranty Breaches, Net of Reinsurance     
Future Net R&W Benefit at the beginning of the period  81,000,00064,200,000 
R&W Development and Accretion of Discount  46,600,00015,000,000 
Future Net R&W Benefit at the end of the period127,600,00079,200,000127,600,00079,200,000 
Number of Risks as of the end of the period with R&W Benefit Recorded20 20 17
Outstanding Principal and Interest of Policies with R&W Benefit Recorded as of the end of the period1,826,700,000 1,826,700,000 1,882,800,000
Breakdown of the development and accretion amount     
Total  46,600,00015,000,000 
Total first lien
     
Financial guarantee obligations     
Number of defaulted loan files reviewed16,200 16,200  
Outstanding par of defaulted loans reviewed4,587,000,000 4,587,000,000  
Number of loan files that breached one or more R&W14,700 14,700  
Amount of loans to be repurchased by providers47,500,000 47,500,000  
Number of loans to be repurchased by providers142 142  
Breakdown of the development and accretion amount     
Number of transactions insured  21  
Cumulative collateral losses  1,600,000,000  
Cumulative projected collateral losses  4,840,000,000  
Gross expected losses before considering R&W recoveries from Bank of America  630,900,000  
Gross expected losses after considering R&W recoveries from Bank of America  126,800,000  
Payment remibursed by Bank of America  14,900,000  
Prime first lien
     
Total     
Benefit for R&W2,900,000800,0002,900,000800,000 
Rollforward of Estimated Benefit from Recoveries of Representation and Warranty Breaches, Net of Reinsurance     
Future Net R&W Benefit at the beginning of the period  1,100,000  
R&W Development and Accretion of Discount  1,800,000800,000 
Future Net R&W Benefit at the end of the period2,900,000800,0002,900,000800,000 
Number of Risks as of the end of the period with R&W Benefit Recorded1 1 1
Outstanding Principal and Interest of Policies with R&W Benefit Recorded as of the end of the period54,500,000 54,500,000 57,100,000
Breakdown of the development and accretion amount     
Total  1,800,000800,000 
Option ARM
     
Total     
Benefit for R&W711,200,000242,800,000711,200,000242,800,000 
Rollforward of Estimated Benefit from Recoveries of Representation and Warranty Breaches, Net of Reinsurance     
Future Net R&W Benefit at the beginning of the period  309,300,000203,700,000 
R&W Development and Accretion of Discount  449,200,00052,400,000 
R&W Recovered  (47,300,000)(13,300,000) 
Future Net R&W Benefit at the end of the period711,200,000242,800,000711,200,000242,800,000 
Number of Risks as of the end of the period with R&W Benefit Recorded11 11 10
Outstanding Principal and Interest of Policies with R&W Benefit Recorded as of the end of the period1,914,800,000 1,914,800,000 1,909,800,000
Breakdown of the development and accretion amount     
Total  449,200,00052,400,000 
Subprime
     
Total     
Benefit for R&W81,500,000 81,500,000  
Rollforward of Estimated Benefit from Recoveries of Representation and Warranty Breaches, Net of Reinsurance     
Future Net R&W Benefit at the beginning of the period  26,800,000  
R&W Development and Accretion of Discount  54,700,000  
Future Net R&W Benefit at the end of the period81,500,000 81,500,000  
Number of Risks as of the end of the period with R&W Benefit Recorded4 4 1
Outstanding Principal and Interest of Policies with R&W Benefit Recorded as of the end of the period982,700,000 982,700,000 228,700,000
Breakdown of the development and accretion amount     
Total  54,700,000  
Second lien
     
Financial guarantee obligations     
Number of defaulted loan files reviewed13,900 13,900  
Outstanding par of defaulted loans reviewed959,000,000 959,000,000  
Number of loan files that breached one or more R&W12,300 12,300  
Amount of loans to be repurchased by providers38,400,000 38,400,000  
Number of loans to be repurchased by providers466 466  
Breakdown of the development and accretion amount     
Number of transactions insured  8  
Closed end second lien and HELOCs
     
Breakdown of the development and accretion amount     
Recovery period, low end of range (in years)2 2  
Recovery period, high end of range (in years)4 4  
CES
     
Total     
Benefit for R&W239,700,000123,000,000239,700,000123,000,000 
Rollforward of Estimated Benefit from Recoveries of Representation and Warranty Breaches, Net of Reinsurance     
Future Net R&W Benefit at the beginning of the period  178,200,00076,500,000 
R&W Development and Accretion of Discount  61,500,00046,500,000 
Future Net R&W Benefit at the end of the period239,700,000123,000,000239,700,000123,000,000 
Number of Risks as of the end of the period with R&W Benefit Recorded4 4 4
Outstanding Principal and Interest of Policies with R&W Benefit Recorded as of the end of the period396,300,000 396,300,000 444,900,000
Breakdown of the development and accretion amount     
Total  61,500,00046,500,000 
HELOCs
     
Total     
Benefit for R&W310,400,000875,000,000310,400,000875,000,000 
Rollforward of Estimated Benefit from Recoveries of Representation and Warranty Breaches, Net of Reinsurance     
Future Net R&W Benefit at the beginning of the period  1,004,100,000828,700,000 
R&W Development and Accretion of Discount  157,100,00097,200,000 
R&W Recovered  (850,800,000)(50,900,000) 
Future Net R&W Benefit at the end of the period310,400,000875,000,000310,400,000875,000,000 
Number of Risks as of the end of the period with R&W Benefit Recorded15 15 13
Outstanding Principal and Interest of Policies with R&W Benefit Recorded as of the end of the period3,844,900,000 3,844,900,000 2,969,800,000
Breakdown of the development and accretion amount     
Total  $ 157,100,000$ 97,200,000