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Outstanding Exposure (Details 4) (USD $)
In Millions, unless otherwise specified
Sep. 30, 2012
Dec. 31, 2011
Outstanding Exposure    
Probability of paying more claims than being reimbursed (as a percent) 50.00%  
Constant discount rate (as a percent) 5.00%  
Maximum period of liquidity claims (in years) 1 year  
Net Par Outstanding $ 536,393 $ 558,048
Financial Guaranty Contracts Accounted for as Credit Derivatives Outstanding Principal Amount 74,684 85,047
BIG 1
   
Outstanding Exposure    
Net Par Outstanding 9,155 12,250
BIG 2
   
Outstanding Exposure    
Net Par Outstanding 5,875 4,981
BIG 3
   
Outstanding Exposure    
Net Par Outstanding 9,339 9,531
Below investment grade (BIG)
   
Outstanding Exposure    
Net Par Outstanding 24,369 26,762
% of Total Net Par Outstanding 4.50% 4.80%
Financial Guaranty Contracts Accounted for as Insurance Outstanding Principal Amount 17,475 [1] 18,959 [1]
Financial Guaranty Contracts Accounted for as Credit Derivatives Outstanding Principal Amount 6,894 7,803
Financial Guaranty Contracts Accounted for as Insurance Number of Contracts 374 [1],[2] 368 [1],[2]
Financial Guaranty Contracts Accounted for as Credit Derivatives Number of Contracts 92 [2] 99 [2]
Insured Financial Obligations Number of Contracts 466 [2] 467 [2]
Below investment grade (BIG) | BIG 1
   
Outstanding Exposure    
Net Par Outstanding 9,155 12,250
Financial Guaranty Contracts Accounted for as Insurance Outstanding Principal Amount 6,943 [1] 8,297 [1]
Financial Guaranty Contracts Accounted for as Credit Derivatives Outstanding Principal Amount 2,212 3,953
Financial Guaranty Contracts Accounted for as Insurance Number of Contracts 148 [1],[2] 171 [1],[2]
Financial Guaranty Contracts Accounted for as Credit Derivatives Number of Contracts 31 40 [2]
Insured Financial Obligations Number of Contracts 179 [2] 211 [2]
Below investment grade (BIG) | BIG 2
   
Outstanding Exposure    
Net Par Outstanding 5,875 4,981
Financial Guaranty Contracts Accounted for as Insurance Outstanding Principal Amount 3,233 [1] 3,458 [1]
Financial Guaranty Contracts Accounted for as Credit Derivatives Outstanding Principal Amount 2,642 1,523
Financial Guaranty Contracts Accounted for as Insurance Number of Contracts 90 [1],[2] 71 [1],[2]
Financial Guaranty Contracts Accounted for as Credit Derivatives Number of Contracts 30 33 [2]
Insured Financial Obligations Number of Contracts 120 [2] 104 [2]
Below investment grade (BIG) | BIG 3
   
Outstanding Exposure    
Net Par Outstanding 9,339 9,531
Financial Guaranty Contracts Accounted for as Insurance Outstanding Principal Amount 7,299 [1] 7,204 [1]
Financial Guaranty Contracts Accounted for as Credit Derivatives Outstanding Principal Amount 2,040 2,327
Financial Guaranty Contracts Accounted for as Insurance Number of Contracts 136 [1],[2] 126 [1],[2]
Financial Guaranty Contracts Accounted for as Credit Derivatives Number of Contracts 31 26 [2]
Insured Financial Obligations Number of Contracts 167 [2] 152 [2]
RMBS
   
Outstanding Exposure    
Minimum Amount Assumed Principal Amount for Internal Rating 1  
Residential, Prime, Financing Receivable [Member]
   
Outstanding Exposure    
Net Par Outstanding 663 739
Financial Guaranty Contracts Accounted for as Credit Derivatives Outstanding Principal Amount 348 398
Residential, Prime, Financing Receivable [Member] | BIG 1
   
Outstanding Exposure    
Net Par Outstanding 27 77
Residential, Prime, Financing Receivable [Member] | BIG 2
   
Outstanding Exposure    
Net Par Outstanding 461 465
Residential, Prime, Financing Receivable [Member] | BIG 3
   
Outstanding Exposure    
Net Par Outstanding 3 0
Residential, Prime, Financing Receivable [Member] | Below investment grade (BIG)
   
Outstanding Exposure    
Net Par Outstanding 491 542
% of Total Net Par Outstanding 0.10% 0.10%
Alt-A First Mortgage [Member]
   
Outstanding Exposure    
Net Par Outstanding 4,760 5,329
Alt-A First Mortgage [Member] | BIG 1
   
Outstanding Exposure    
Net Par Outstanding 120 1,695
Alt-A First Mortgage [Member] | BIG 2
   
Outstanding Exposure    
Net Par Outstanding 2,146 1,028
Alt-A First Mortgage [Member] | BIG 3
   
Outstanding Exposure    
Net Par Outstanding 1,442 1,540
Alt-A First Mortgage [Member] | Below investment grade (BIG)
   
Outstanding Exposure    
Net Par Outstanding 3,708 4,263
% of Total Net Par Outstanding 0.70% 0.80%
First Mortgage Option Adjustable Rate Mortgage [Member]
   
Outstanding Exposure    
Net Par Outstanding 1,753 2,433
First Mortgage Option Adjustable Rate Mortgage [Member] | BIG 1
   
Outstanding Exposure    
Net Par Outstanding 60 25
First Mortgage Option Adjustable Rate Mortgage [Member] | BIG 2
   
Outstanding Exposure    
Net Par Outstanding 425 689
First Mortgage Option Adjustable Rate Mortgage [Member] | BIG 3
   
Outstanding Exposure    
Net Par Outstanding 734 882
First Mortgage Option Adjustable Rate Mortgage [Member] | Below investment grade (BIG)
   
Outstanding Exposure    
Net Par Outstanding 1,219 1,596
% of Total Net Par Outstanding 0.20% 0.30%
Residential, Subprime, Financing Receivable [Member]
   
Outstanding Exposure    
Net Par Outstanding 7,541 8,136
Financial Guaranty Contracts Accounted for as Credit Derivatives Outstanding Principal Amount 3,634 4,012
Residential, Subprime, Financing Receivable [Member] | BIG 1
   
Outstanding Exposure    
Net Par Outstanding 116 795
Residential, Subprime, Financing Receivable [Member] | BIG 2
   
Outstanding Exposure    
Net Par Outstanding 1,350 1,200
Residential, Subprime, Financing Receivable [Member] | BIG 3
   
Outstanding Exposure    
Net Par Outstanding 854 513
Residential, Subprime, Financing Receivable [Member] | Below investment grade (BIG)
   
Outstanding Exposure    
Net Par Outstanding 2,320 2,508
% of Total Net Par Outstanding 0.40% 0.40%
Close Ended Second Mortgage [Member]
   
Outstanding Exposure    
Net Par Outstanding 985 1,040
Close Ended Second Mortgage [Member] | BIG 1
   
Outstanding Exposure    
Net Par Outstanding 0 0
Close Ended Second Mortgage [Member] | BIG 2
   
Outstanding Exposure    
Net Par Outstanding 451 495
Close Ended Second Mortgage [Member] | BIG 3
   
Outstanding Exposure    
Net Par Outstanding 412 520
Close Ended Second Mortgage [Member] | Below investment grade (BIG)
   
Outstanding Exposure    
Net Par Outstanding 863 1,015
% of Total Net Par Outstanding 0.20% 0.20%
Home Equity Line of Credit [Member]
   
Outstanding Exposure    
Net Par Outstanding 3,358 3,890
Home Equity Line of Credit [Member] | BIG 1
   
Outstanding Exposure    
Net Par Outstanding 96 421
Home Equity Line of Credit [Member] | BIG 2
   
Outstanding Exposure    
Net Par Outstanding 0 0
Home Equity Line of Credit [Member] | BIG 3
   
Outstanding Exposure    
Net Par Outstanding 2,755 2,858
Home Equity Line of Credit [Member] | Below investment grade (BIG)
   
Outstanding Exposure    
Net Par Outstanding 2,851 3,279
% of Total Net Par Outstanding 0.50% 0.60%
US Residential Mortgage Backed Securities [Member]
   
Outstanding Exposure    
Net Par Outstanding 19,060 21,567
Financial Guaranty Contracts Accounted for as Credit Derivatives Outstanding Principal Amount 7,576 8,532
US Residential Mortgage Backed Securities [Member] | BIG 1
   
Outstanding Exposure    
Net Par Outstanding 419 3,013
US Residential Mortgage Backed Securities [Member] | BIG 2
   
Outstanding Exposure    
Net Par Outstanding 4,833 3,877
US Residential Mortgage Backed Securities [Member] | BIG 3
   
Outstanding Exposure    
Net Par Outstanding 6,200 6,313
US Residential Mortgage Backed Securities [Member] | Below investment grade (BIG)
   
Outstanding Exposure    
Net Par Outstanding 11,452 13,203
% of Total Net Par Outstanding 2.10% 2.40%
TruPS [Member]
   
Outstanding Exposure    
Net Par Outstanding 5,863 6,334
TruPS [Member] | BIG 1
   
Outstanding Exposure    
Net Par Outstanding 2,026 2,501
TruPS [Member] | BIG 2
   
Outstanding Exposure    
Net Par Outstanding 0 0
TruPS [Member] | BIG 3
   
Outstanding Exposure    
Net Par Outstanding 951 951
TruPS [Member] | Below investment grade (BIG)
   
Outstanding Exposure    
Net Par Outstanding 2,977 3,452
% of Total Net Par Outstanding 0.60% 0.60%
Other Structured Finance [Member]
   
Outstanding Exposure    
Net Par Outstanding 73,574 88,028
Other Structured Finance [Member] | BIG 1
   
Outstanding Exposure    
Net Par Outstanding 1,156 1,295
Other Structured Finance [Member] | BIG 2
   
Outstanding Exposure    
Net Par Outstanding 377 548
Other Structured Finance [Member] | BIG 3
   
Outstanding Exposure    
Net Par Outstanding 1,370 1,429
Other Structured Finance [Member] | Below investment grade (BIG)
   
Outstanding Exposure    
Net Par Outstanding 2,903 3,272
% of Total Net Par Outstanding 0.50% 0.60%
US Public Finance [Member]
   
Outstanding Exposure    
Net Par Outstanding 399,176 403,073
US Public Finance [Member] | BIG 1
   
Outstanding Exposure    
Net Par Outstanding 3,288 3,395
US Public Finance [Member] | BIG 2
   
Outstanding Exposure    
Net Par Outstanding 665 274
US Public Finance [Member] | BIG 3
   
Outstanding Exposure    
Net Par Outstanding 818 838
US Public Finance [Member] | Below investment grade (BIG)
   
Outstanding Exposure    
Net Par Outstanding 4,771 4,507
% of Total Net Par Outstanding 0.90% 0.80%
Public finance Non-U.S.
   
Outstanding Exposure    
Net Par Outstanding 38,720 [3] 39,046 [3]
Public finance Non-U.S. | Greece
   
Outstanding Exposure    
Net Par Outstanding   282
Public finance Non-U.S. | BIG 1
   
Outstanding Exposure    
Net Par Outstanding 2,266 [3] 2,046 [3]
Public finance Non-U.S. | BIG 2
   
Outstanding Exposure    
Net Par Outstanding 0 [3] 282 [3]
Public finance Non-U.S. | BIG 3
   
Outstanding Exposure    
Net Par Outstanding 0 [3] 0 [3]
Public finance Non-U.S. | Below investment grade (BIG)
   
Outstanding Exposure    
Net Par Outstanding $ 2,266 [3] $ 2,328 [3]
% of Total Net Par Outstanding 0.40% [3] 0.40% [3]
[1] Includes net par outstanding for FG VIEs.
[2] A risk represents the aggregate of the financial guaranty policies that share the same revenue source for purposes of making Debt Service payments.
[3] Includes $282 million in net par as of December 31, 2011, for bonds of the Hellenic Republic of Greece. See Note 4, Financial Guaranty Insurance Contracts.