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Financial Guaranty Insurance Contracts (Details 14) (USD $)
3 Months Ended 12 Months Ended
Mar. 31, 2012
contract
Dec. 31, 2011
contract
Mar. 31, 2011
Dec. 31, 2010
Reserves (salvage)        
Total BIG, Net $ 248,100,000 $ 86,100,000    
Effect of consolidating FG VIEs 229,100,000 196,500,000    
Total 477,200,000 282,600,000    
Interest rate swaps notional exposure 17,200,000,000      
Maximum potential liability under interest rate swaps as a result of downgrade of the financial strength ratings 800,000,000      
Number of the entity's insurance subsidiaries that results in increased claims due to downgrade   1    
Minimum number of rating agency considered for triggering bank termination right   1    
Minimum
       
Reserves (salvage)        
Threshold period of bonds held by bank for right of accelerated repayment (in days) 180 days      
Accelerated repayment period for bank bonds (in years) 10 years      
Variable rate demand obligations
       
Reserves (salvage)        
Rate basis for bank bond rate prime rate      
Par of insured variable rate demand obligations issued by municipal obligors with internal ratings of BBB- or lower 1,100,000,000      
Variable rate demand obligations | Minimum
       
Reserves (salvage)        
Bank bond rate (as a percent) 2.00%      
Threshold period of bonds held by bank for right of accelerated repayment (in days) 90 days      
Accelerated repayment period for bank bonds (in years) 5 years      
Variable rate demand obligations | Maximum
       
Reserves (salvage)        
Bank bond rate (as a percent) 3.00%      
Bank bond capped rate (as a percent) 25.00%      
Financial Guaranty
       
Number of risks        
Total BIG, Net (in contracts) 368 368    
Total (in contracts) 368 368    
Remaining weighted average contract period        
Total BIG, Net (in years) 10 years 7 months 6 days 10 years 4 months 24 days    
Total (in years) 10 years 7 months 6 days 10 years 4 months 24 days    
Principal        
Total BIG, Net 18,519,300,000 18,958,500,000    
Total 18,519,300,000 18,958,500,000    
Interest        
Total BIG, Net 8,607,200,000 8,623,300,000    
Total 8,607,200,000 8,623,300,000    
Total net outstanding exposure        
Total BIG, Net 27,126,500,000 27,581,800,000    
Total 27,126,500,000 27,581,800,000    
Expected cash outflows (inflows)        
Total BIG, Net 5,459,900,000 5,074,400,000    
Effect of Consolidating FG VIEs (818,200,000) (998,400,000)    
Total 4,641,700,000 4,076,000,000    
Potential recoveries        
Total BIG, Net (4,346,800,000) (4,115,000,000)    
Effect of Consolidating FG VIEs 905,600,000 1,059,800,000    
Total (3,441,200,000) (3,055,200,000)    
Subtotal        
Total BIG, NET 1,113,100,000 959,400,000    
Effect of Consolidating FG VIEs 87,400,000 61,400,000    
Total 1,200,500,000 1,020,800,000    
Discount        
Total BIG, Net (360,700,000) (321,400,000)    
Effect of Consolidating FG VIEs 68,100,000 45,300,000    
Total (292,600,000) (276,100,000)    
Present value of expected cash flows        
Total BIG, Net 752,400,000 638,000,000 32,200,000 408,800,000
Effect of Consolidating FG VIEs 155,500,000 106,700,000    
Total 907,900,000 744,700,000    
Deferred premium revenue        
Total BIG, Net 1,169,700,000 1,325,500,000    
Effect of Consolidating FG VIEs (343,800,000) (390,700,000)    
Total 825,900,000 934,800,000    
Reserves (salvage)        
Total BIG, Net 246,200,000 84,200,000    
Effect of consolidating FG VIEs 229,100,000 196,500,000    
Total 475,300,000 280,700,000    
Financial Guaranty | BIG 1
       
Number of risks        
Gross (in contracts) 164 171    
Ceded (in contracts) (58) (68)    
Remaining weighted average contract period        
Gross (in years) 10 years 3 months 18 days 10 years    
Ceded (in years) 9 years 1 month 6 days 9 years 2 months 12 days    
Principal        
Gross 9,048,800,000 9,675,800,000    
Ceded (1,345,600,000) (1,378,000,000)    
Interest        
Gross 4,143,500,000 4,307,900,000    
Ceded (464,500,000) (485,600,000)    
Total net outstanding exposure        
Gross 13,192,300,000 13,983,700,000    
Ceded (1,810,100,000) (1,863,600,000)    
Expected cash outflows (inflows)        
Gross 1,567,600,000 1,730,600,000    
Ceded (646,000,000) (658,800,000)    
Potential recoveries        
Gross (1,688,000,000) (1,798,000,000)    
Ceded 669,800,000 664,000,000    
Subtotal        
Gross (120,400,000) (67,400,000)    
Ceded 23,800,000 5,200,000    
Discount        
Gross 9,900,000 15,700,000    
Ceded (4,800,000) (4,600,000)    
Present value of expected cash flows        
Gross (110,500,000) (51,700,000)    
Ceded 19,000,000 600,000    
Deferred premium revenue        
Gross 112,300,000 260,800,000    
Ceded (13,600,000) (69,100,000)    
Reserves (salvage)        
Gross (136,600,000) (96,600,000)    
Ceded 24,100,000 6,900,000    
Financial Guaranty | BIG 2
       
Number of risks        
Gross (in contracts) 79 71    
Ceded (in contracts) (27) (26)    
Remaining weighted average contract period        
Gross (in years) 13 years 3 months 18 days 13 years 8 months 12 days    
Ceded (in years) 25 years 6 months 20 years 6 months    
Principal        
Gross 4,192,300,000 3,731,600,000    
Ceded (289,500,000) (274,000,000)    
Interest        
Gross 3,206,100,000 2,889,400,000    
Ceded (515,400,000) (404,800,000)    
Total net outstanding exposure        
Gross 7,398,400,000 6,621,000,000    
Ceded (804,900,000) (678,800,000)    
Expected cash outflows (inflows)        
Gross 2,203,400,000 1,833,300,000    
Ceded (233,300,000) (120,300,000)    
Potential recoveries        
Gross (1,049,200,000) (1,079,300,000)    
Ceded 50,000,000 38,500,000    
Subtotal        
Gross 1,154,200,000 754,000,000    
Ceded (183,300,000) (81,800,000)    
Discount        
Gross (279,100,000) (240,600,000)    
Ceded 23,100,000 31,600,000    
Present value of expected cash flows        
Gross 875,100,000 513,400,000    
Ceded (160,200,000) (50,200,000)    
Deferred premium revenue        
Gross 311,500,000 280,900,000    
Ceded (32,000,000) (12,300,000)    
Reserves (salvage)        
Gross 637,000,000 319,500,000    
Ceded (141,700,000) (41,900,000)    
Financial Guaranty | BIG 3
       
Number of risks        
Gross (in contracts) 125 126    
Ceded (in contracts) (48) (48)    
Remaining weighted average contract period        
Gross (in years) 9 years 3 months 18 days 9 years 2 months 12 days    
Ceded (in years) 6 years 6 months 6 years 4 months 24 days    
Principal        
Gross 7,512,500,000 7,830,800,000    
Ceded (599,200,000) (627,700,000)    
Interest        
Gross 2,401,300,000 2,486,400,000    
Ceded (163,800,000) (170,000,000)    
Total net outstanding exposure        
Gross 9,913,800,000 10,317,200,000    
Ceded (763,000,000) (797,700,000)    
Expected cash outflows (inflows)        
Gross 2,691,800,000 2,423,000,000    
Ceded (123,600,000) (133,400,000)    
Potential recoveries        
Gross (2,423,400,000) (2,040,500,000)    
Ceded 94,000,000 100,300,000    
Subtotal        
Gross 268,400,000 382,500,000    
Ceded (29,600,000) (33,100,000)    
Discount        
Gross (110,500,000) (125,100,000)    
Ceded 700,000 1,600,000    
Present value of expected cash flows        
Gross 157,900,000 257,400,000    
Ceded (28,900,000) (31,500,000)    
Deferred premium revenue        
Gross 899,000,000 991,800,000    
Ceded (107,500,000) (126,600,000)    
Reserves (salvage)        
Gross (145,500,000) (110,200,000)    
Ceded $ 8,900,000 $ 6,500,000