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Reinsurance and Other Monoline Exposures (Details 2) (USD $)
1 Months Ended 1 Months Ended
Sep. 30, 2012
Sep. 30, 2012
AGM and AGC
Jan. 12, 2012
AGM and AGC
Sep. 30, 2012
National Public Finance Guarantee Corporation
Sep. 30, 2012
American Overseas Reinsurance Company Limited
Sep. 30, 2012
Tokio Marine & Nichido Fire Insurance Co., Ltd.
Feb. 29, 2012
Tokio Marine & Nichido Fire Insurance Co., Ltd.
Public finance
Jan. 31, 2012
Radian Asset Assurance Inc.
Sep. 30, 2012
Radian Asset Assurance Inc.
Jan. 24, 2012
Radian Asset Assurance Inc.
Jan. 31, 2012
Radian Asset Assurance Inc.
Public finance
Jan. 31, 2012
Radian Asset Assurance Inc.
Structured finance
Sep. 30, 2012
Syncora Guarantee Inc.
Sep. 30, 2012
Mitsui Sumitomo Insurance Co. Ltd.
Sep. 30, 2012
ACA Financial Guaranty Corp.
Sep. 30, 2012
Swiss Reinsurance Co.
Sep. 30, 2012
Ambac
Sep. 30, 2012
CIFG Assurance North America Inc.
Sep. 30, 2012
MBIA Inc.
Sep. 30, 2012
Financial Guaranty Insurance Co.
Sep. 30, 2012
Other
Exposure, Premium Receivable, and Loss and LAE by Reinsurer                                          
Fixed maturity securities wrapped by monoline reinsurer       $ 664,000,000                         $ 537,000,000       $ 36,000,000
Ceded Par Outstanding 33,190,000,000 [1]       10,309,000,000 [1],[2] 8,748,000,000 [1]     5,364,000,000 [1]       4,092,000,000 [1] 2,256,000,000 [1] 829,000,000 [1] 434,000,000 [1] 85,000,000 [1] 65,000,000 [1] 0 [1] 0 [1] 1,008,000,000 [1]
Second-to-Pay Insured Par Outstanding 26,396,000,000       0 [2] 0     44,000,000       2,043,000,000 0 6,000,000 0 7,151,000,000 255,000,000 11,497,000,000 3,336,000,000 2,064,000,000
Assumed Par Outstanding 40,329,000,000       24,000,000 [2] 937,000,000     1,474,000,000       165,000,000 0 1,000,000 0 21,231,000,000 5,583,000,000 8,798,000,000 2,020,000,000 96,000,000
Ceded par outstanding related to insured credit derivatives 4,198,000,000                                        
Assumed Premium Receivable, net of Commissions 90,000,000       0 0     0       0 0   0 81,000,000 0 0 9,000,000 0
Ceded Premium Payable, net of Commissions (138,000,000)       (12,000,000) (23,000,000)     (18,000,000)       (37,000,000) (5,000,000)   (3,000,000) 0 0 0 0 (40,000,000)
Assumed Expected Loss and LAE (136,000,000)       0 0     0       1,000,000 0   0 (85,000,000) 0 (22,000,000) (30,000,000) 0
Ceded Expected Loss and LAE 54,000,000       12,000,000 35,000,000     (4,000,000)       0 8,000,000   1,000,000 0 2,000,000 0 0 0
Minimum net losses required for attachment of excess of loss reinsurance facility   2,000,000,000                                      
Amount of losses covered under the facility   600,000,000                                      
Amount of losses which the reinsurers will assume on pro rata basis     435,000,000                                    
Remaining amount of losses covered under the facility   165,000,000                                      
Amount agreed to be reassumed             6,200,000,000 12,900,000,000                          
Approximate amount of insurance risk agreed to be assumed               1,800,000,000                          
Payment receivable for re-assumption of ceded risk                   86,000,000                      
Percentage of obligations insured                     96.00% 4.00%                  
Incremental present value from future installment premiums                   2,000,000                      
Payment receivable in connection with reinsurance                   22,000,000                      
Premiums paid during the period 22,000,000                                        
Remaining insurance premium payable $ 22,000,000                                        
[1] Includes $4,198 million in ceded par outstanding related to insured credit derivatives.
[2] Formerly RAM Reinsurance Company Ltd.