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Financial Guaranty Insurance Contracts (Details 9) (USD $)
3 Months Ended 3 Months Ended 3 Months Ended 3 Months Ended 3 Months Ended 3 Months Ended 3 Months Ended 3 Months Ended 3 Months Ended
Mar. 31, 2012
Agreement
Mar. 31, 2011
Transaction
Dec. 31, 2011
Mar. 31, 2012
Bank of America agreement
Apr. 14, 2011
Bank of America agreement
Agreement
Mar. 31, 2011
Bank of America agreement
May 08, 2012
Deutsche Bank Agreement
Agreement
Mar. 31, 2012
U.S. RMBS
policy
Mar. 31, 2011
U.S. RMBS
Dec. 31, 2011
U.S. RMBS
policy
Mar. 31, 2012
Alt-A first lien
policy
Mar. 31, 2011
Alt-A first lien
Dec. 31, 2011
Alt-A first lien
policy
Mar. 31, 2012
Total first lien
loan
Mar. 31, 2012
Total first lien
Bank of America agreement
Transaction
Mar. 31, 2012
Total first lien
Bank of America agreement
AGM and AGC
Mar. 31, 2012
Total first lien
Bank of America agreement
Maximum
Mar. 31, 2012
Prime first lien
policy
Mar. 31, 2011
Prime first lien
Dec. 31, 2011
Prime first lien
policy
Mar. 31, 2012
Option ARM
policy
Mar. 31, 2011
Option ARM
Dec. 31, 2011
Option ARM
policy
Mar. 31, 2012
Subprime
policy
Mar. 31, 2011
Subprime
Dec. 31, 2011
Subprime
policy
Mar. 31, 2012
Second lien
loan
Mar. 31, 2012
CES
policy
Mar. 31, 2011
CES
Dec. 31, 2011
CES
policy
Mar. 31, 2012
HELOCs
policy
Mar. 31, 2011
HELOCs
Dec. 31, 2011
HELOCs
policy
Financial guarantee obligations                                                                  
Number of negotiated agreements 3       1   1                                                    
Number of defaulted loan files reviewed                           20,300                         16,500            
Outstanding par of defaulted loans reviewed                           $ 5,900,000,000                         $ 1,100,000,000            
Number of loan files that breached one or more R&W                           18,100                         15,300            
Threshold days delinquent for which all loan files are requested for review (in days) 60 days                                                                
Amount of loans to be repurchased by providers                           74,800,000                         41,800,000            
Number of loans to be repurchased by providers                           285                         514            
Salvage and subrogation recoverable                                                                  
For all Financial Guaranty Insurance Contracts 389,100,000   401,800,000                                                            
Effect of Consolidating FG VIEs (216,400,000)   (197,300,000)                                                            
Reported on Balance Sheet 172,700,000   204,500,000                                                            
Loss and LAE reserve                                                                  
For all Financial Guaranty Insurance Contracts 818,500,000   857,500,000                                                            
Effect of Consolidating FG VIEs (74,500,000)   (74,600,000)                                                            
Reported on Balance Sheet 744,000,000   782,900,000                                                            
Unearned premium reserve                                                                  
For all Financial Guaranty Insurance Contracts 190,000,000   175,500,000                                                            
Effect of Consolidating FG VIEs (56,200,000)   (49,900,000)                                                            
Reported on Balance Sheet 133,800,000   125,600,000                                                            
Total                                                                  
Benefit for R&W 1,397,600,000 2,221,000,000   482,100,000   1,324,300,000         211,100,000 120,700,000       487,200,000   3,600,000 2,300,000   723,800,000 619,000,000   96,400,000 81,100,000     221,600,000 273,200,000   141,100,000 1,124,700,000  
Effect of Consolidating FG VIEs (347,100,000)   (321,800,000)                                                            
Reported on Balance Sheet 1,050,500,000   1,113,000,000                                                            
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 1,434,800,000 1,600,500,000   482,100,000   1,324,300,000         202,700,000 81,000,000           3,000,000 1,100,000   713,900,000 309,300,000   101,500,000 26,800,000     223,800,000 178,200,000   189,900,000 1,004,100,000  
R&W Development and Accretion of Discount 32,400,000 680,000,000                 9,400,000 39,700,000           600,000 1,200,000   27,500,000 335,300,000   (5,100,000) 54,300,000     (2,200,000) 95,000,000   2,200,000 154,500,000  
R&W Recovered (69,600,000) (59,500,000)                 (1,000,000)         (76,300,000)         (17,600,000) (25,600,000)                 (51,000,000) (33,900,000)  
Future Net R&W Benefit at the end of the period 1,397,600,000 2,221,000,000   482,100,000   1,324,300,000         211,100,000 120,700,000       487,200,000   3,600,000 2,300,000   723,800,000 619,000,000   96,400,000 81,100,000     221,600,000 273,200,000   141,100,000 1,124,700,000  
Gross R&W amounts recovered               77,200,000 64,200,000                                                
Number of Risks as of the end of the period with R&W Benefit Recorded (in policies)               49   59 21   22         1   1 11   12 5   5   4   4 7   15
Debt Service of Policies with R&W Benefit Recorded as of the end of the period               4,867,800,000   7,479,900,000 1,670,000,000   1,732,600,000         40,500,000   41,900,000 1,337,600,000   1,459,700,000 825,700,000   905,800,000   262,800,000   361,400,000 731,200,000   2,978,500,000
Breakdown of the development and accretion amount                                                                  
Inclusion of new deals with breaches of R&W during period   107,100,000                                                              
Change in recovery assumptions as the result of additional file review and recovery success 79,700,000 198,400,000                                                              
Estimated increase (decrease) in defaults that will result in additional breaches (51,300,000) 39,800,000                                                              
Results of settlements   334,100,000                                                              
Accretion of discount on balance 4,000,000 600,000                                                              
Total 32,400,000 680,000,000                 9,400,000 39,700,000           600,000 1,200,000   27,500,000 335,300,000   (5,100,000) 54,300,000     (2,200,000) 95,000,000   2,200,000 154,500,000  
Number of additional transactions resulting in development   4                                                              
Additional information related to Representations and Warranties                                                                  
Number of transactions insured executed as financial guarantees                             20                                    
Cumulative collateral losses                             2,100,000,000   6,600,000,000                                
Cumulative projected collateral losses                             4,800,000,000                                    
Gross expected losses before considering R&W recoveries                             626,500,000                                    
Gross expected losses after considering R&W recoveries                             125,300,000                                    
Recovery payments received 69,600,000 59,500,000                 1,000,000         76,300,000         17,600,000 25,600,000                 51,000,000 33,900,000  
Additional invoices for claims paid                               13,900,000                                  
Eligible assets in trust for payment of reimbursement                             1,000,000,000                                    
Estimated benefit from loan repurchases relating breaches of R&W $ 1,400,000,000