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Financial Guaranty Insurance Contracts (Details 10)
3 Months Ended 1 Months Ended 3 Months Ended 3 Months Ended 12 Months Ended 3 Months Ended 3 Months Ended
Mar. 31, 2012
USD ($)
Transaction
Dec. 31, 2011
USD ($)
Mar. 31, 2012
"XXX" Life Insurance Transactions
Below investment grade ("BIG")
USD ($)
Mar. 31, 2012
Student Loan
USD ($)
Jun. 30, 2011
Trust preferred securities collateralized debt obligations
Transaction
Mar. 31, 2012
Trust preferred securities collateralized debt obligations
USD ($)
Transaction
Mar. 31, 2012
Trust preferred securities collateralized debt obligations
Below investment grade ("BIG")
USD ($)
Mar. 31, 2012
Public finance student loan
USD ($)
Mar. 31, 2012
Public finance student loan
Below investment grade ("BIG")
USD ($)
Mar. 31, 2012
Asset-backed student loan
USD ($)
Mar. 31, 2012
Asset-backed student loan
Below investment grade ("BIG")
USD ($)
Mar. 31, 2012
Jefferson County Alabama Sewer Authority
USD ($)
Dec. 31, 2011
Jefferson County Alabama Sewer Authority
USD ($)
Mar. 31, 2012
Telephone directory "yellow pages"
USD ($)
Dec. 31, 2011
Telephone directory "yellow pages"
USD ($)
Mar. 31, 2012
Manufactured housing loans
USD ($)
Transaction
Dec. 31, 2011
Manufactured housing loans
USD ($)
Transaction
Mar. 31, 2012
Manufactured housing loans
Below investment grade ("BIG")
USD ($)
Mar. 31, 2012
Harrisburg, Pennsylvania
USD ($)
Mar. 31, 2012
Harrisburg, Pennsylvania
Below investment grade ("BIG")
USD ($)
Mar. 31, 2012
Sovereign debt of Greece with a 4.5% fixed coupon
USD ($)
Mar. 31, 2012
Sovereign debt of Greece with a 4.5% fixed coupon
EUR (€)
Dec. 31, 2011
Sovereign debt of Greece with a 4.5% fixed coupon
USD ($)
Mar. 31, 2012
Total first lien
Transaction
Mar. 31, 2012
Jefferson County Alabama Sewer Authority Warrants
USD ($)
Mar. 31, 2012
Jefferson County Alabama Sewer Authority Bonds
USD ($)
Mar. 31, 2012
Sovereign debt of Greece due in 2057 with a 2.085% inflation-linked coupon
EUR (€)
Financial guarantee obligations                                                      
Net exposure of debt                       $ 710,400,000                   € 165,100,000         € 52,600,000
Exposure of debt                                           200,000,000         114,100,000
Coupon rate (as a percent)                                         4.50% 4.50%         2.085%
Weighted-average discounted loss posted by the Company, gross of reinsurance                                         334,100,000   64,700,000        
Weighted average discounted loss posted by the Company, net of reinsurance                                         231,900,000   42,600,000        
Net Par Outstanding Financial Guaranty Insurance     2,300,000,000 2,800,000,000   1,800,000,000 796,700,000 1,500,000,000 609,600,000 1,300,000,000 170,700,000 478,500,000   110,000,000   326,900,000   221,300,000 168,800,000 94,800,000         273,100,000 205,400,000  
Gross expected loss 954,475,000 679,011,000 882,500,000 9,200,000               50,400,000 26,700,000   21,900,000                        
Largest expected loss to be paid for a single transaction       24,700,000   8,500,000                                       23,700,000  
Projected net expected loss     122,700,000 65,400,000               231,800,000                              
Number of TruPS CDOs for which the company is projecting losses           0                                          
Number of TruPS CDOs converted to financial guaranty form         0                                            
Number of direct transactions for which estimated loss was projected                                 2                    
Expected loss on direct transactions                               16,600,000 18,400,000               168,100,000 63,700,000  
Net par of contracts for which estimated loss was projected                               140,900,000                      
Expected loss on assumed transactions                                                 100,000    
Number of assumed transactions for which estimated loss was projected                               1                      
Net par of assumed contracts for which estimated loss was projected                               4,900,000                      
Net claims to date                                     8,000,000                
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                                                    
Decrease in projected expected loss to be paid     $ 6,800,000     $ 4,700,000                                          
Number of U.S. RMBS transactions for which a complaint was filed against UBS Real Estate 3