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Financial Guaranty Insurance Contracts (Details 12) (USD $)
In Millions, unless otherwise specified
9 Months Ended12 Months Ended
Sep. 30, 2011
Y
contract
Dec. 31, 2010
Y
contract
Jun. 30, 2011
Sep. 30, 2010
Jun. 30, 2010
Dec. 31, 2009
Reserves (salvage)      
Total BIG, Net$ 146.1$ (393.6)    
Effect of consolidating FG VIEs162.042.7    
Total308.1(350.9)    
Financial Guaranty
      
Number of risks      
Total BIG, Net364332    
Total364332    
Remaining weighted average contract period      
Total BIG, Net (in years)10.19.6    
Total (in years)10.19.6    
Principal      
Total BIG, Net19,074.218,447.1    
Total19,074.218,447.1    
Interest      
Total BIG, Net8,546.97,854.2    
Total8,546.97,854.2    
Total net outstanding exposure      
Total BIG, Net27,621.126,301.3    
Total27,621.126,301.3    
Expected cash flows      
Total BIG, Net4,100.44,374.8    
Effect of Consolidating VIEs(591.2)(384.2)    
Total3,509.23,990.6    
Less: Potential recoveries      
Total BIG, Net(2,947.0)(3,200.3)    
Effect of Consolidating VIEs599.2354.8    
Total(2,347.8)(2,845.5)    
Subtotal      
Total BIG, NET1,153.41,174.5    
Effect of Consolidating VIEs8.0(29.4)    
Total1,161.41,145.1    
Discount      
Total BIG, Net(380.0)(765.7)    
Effect of Consolidating VIEs26.2(19.8)    
Total(353.8)(785.5)    
Present value of expected cash flows      
Total BIG, Net773.4408.8713.0589.3766.91,066.4
Effect of Consolidating VIEs34.2(49.2) 30.5  
Total807.6359.6 619.8  
Deferred premium revenue      
Total BIG, Net1,322.41,570.3    
Effect of Consolidating VIEs(405.9)(263.9)    
Total916.51,306.4    
Reserves (salvage)      
Total BIG, Net144.2(395.7)    
Effect of consolidating FG VIEs162.042.7    
Total306.2(353.0)    
BIG 1 | Financial Guaranty
      
Number of risks      
Gross165119    
Ceded(62)(45)    
Remaining weighted average contract period      
Gross (in years)11.911.7    
Ceded (in years)14.616.0    
Principal      
Gross7,451.16,173.0    
Ceded(760.5)(723.3)    
Interest      
Gross4,269.43,599.5    
Ceded(561.3)(580.4)    
Total net outstanding exposure      
Gross11,720.59,772.5    
Ceded(1,321.8)(1,303.7)    
Expected cash flows      
Gross456.7303.9    
Ceded(89.1)(20.2)    
Less: Potential recoveries      
Gross(616.3)(375.2)    
Ceded114.037.4    
Subtotal      
Gross(159.6)(71.3)    
Ceded24.917.2    
Discount      
Gross47.2(21.0)    
Ceded(2.9)(5.5)    
Present value of expected cash flows      
Gross(112.4)(92.3)    
Ceded22.011.7    
Deferred premium revenue      
Gross96.8169.9    
Ceded(18.3)(16.9)    
Reserves (salvage)      
Gross(128.0)(112.9)    
Ceded25.512.4    
BIG 2 | Financial Guaranty
      
Number of risks      
Gross7298    
Ceded(26)(42)    
Remaining weighted average contract period      
Gross (in years)9.78.4    
Ceded (in years)6.67.9    
Principal      
Gross5,417.45,899.3    
Ceded(226.3)(182.8)    
Interest      
Gross2,804.22,601.6    
Ceded(74.9)(70.9)    
Total net outstanding exposure      
Gross8,221.68,500.9    
Ceded(301.2)(253.7)    
Expected cash flows      
Gross1,775.82,036.6    
Ceded(114.1)(68.9)    
Less: Potential recoveries      
Gross(811.4)(533.0)    
Ceded29.416.6    
Subtotal      
Gross964.41,503.6    
Ceded(84.7)(52.3)    
Discount      
Gross(345.5)(613.2)    
Ceded35.421.5    
Present value of expected cash flows      
Gross618.9890.4    
Ceded(49.3)(30.8)    
Deferred premium revenue      
Gross394.7572.4    
Ceded(23.7)(30.3)    
Reserves (salvage)      
Gross360.9424.4    
Ceded(36.8)(9.5)    
BIG 3 | Financial Guaranty
      
Number of risks      
Gross127115    
Ceded(50)(42)    
Remaining weighted average contract period      
Gross (in years)8.78.8    
Ceded (in years)6.06.0    
Principal      
Gross7,844.27,954.5    
Ceded(651.7)(673.6)    
Interest      
Gross2,280.82,490.7    
Ceded(171.3)(186.3)    
Total net outstanding exposure      
Gross10,125.010,445.2    
Ceded(823.0)(859.9)    
Expected cash flows      
Gross2,208.92,256.6    
Ceded(137.8)(133.2)    
Less: Potential recoveries      
Gross(1,759.6)(2,543.6)    
Ceded96.9197.5    
Subtotal      
Gross449.3(287.0)    
Ceded(40.9)64.3    
Discount      
Gross(110.4)(139.6)    
Ceded(3.8)(7.9)    
Present value of expected cash flows      
Gross338.9(426.6)    
Ceded(44.7)56.4    
Deferred premium revenue      
Gross995.1995.9    
Ceded(122.2)(120.7)    
Reserves (salvage)      
Gross(86.5)(815.9)    
Ceded$ 9.1$ 105.8