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Financial Guaranty Insurance Losses (Components of Net Reserves (Salvage) Insurance Contracts) (Details 2) (USD $)
In Millions, unless otherwise specified
Mar. 31, 2013
Dec. 31, 2012
Guarantor Obligations [Line Items]    
Loss and loss adjustment expense reserve $ 532 $ 601
Reinsurance recoverable on unpaid losses (56) (58)
Subtotal 476 [1] 543 [1]
Salvage and subrogation recoverable (543) (456)
Ceded salvage and subrogation recoverable 50 [2] 46 [2]
Salvage and Subrogation Recoverable Payable, Net (493) [1] (410) [1]
Subtotal (520) (440)
Total Reserve for Losses and LAE, Net of Reinsurance, Salvage and Subrogation and Other Recoveries (44) 103
Total (17) [1] 133 [1]
For all Financial Guaranty Insurance Contracts 600 449
Effect of Consolidating FG VIEs (236) (169)
Reported on Balance Sheet 364 [3] 280 [3]
For all Financial Guaranty Insurance Contracts 522 571
Effect of Consolidating FG VIEs (39) (33)
Reported on Balance Sheet 483 [3] 538 [3]
Consolidated Entity Excluding Variable Interest Entities (VIE)
   
Guarantor Obligations [Line Items]    
Reinsurance recoverable on unpaid losses (27) [4]  
Salvage and Subrogation Recoverable Payable, Net (488)  
Other recoveries (27) [4] (30) [4]
Other
   
Guarantor Obligations [Line Items]    
Total (3) (3)
Financial guaranty
   
Guarantor Obligations [Line Items]    
Total $ (41) $ 106
[1] (1)See “Components of Net Reserves (Salvage)” table for loss and LAE reserve and salvage and subrogation recoverable components.
[2] Recorded as a component of reinsurance balances payable.
[3] The remaining benefit for R&W is either recorded at fair value in FG VIE assets, or not recorded on the balance sheet until the expected loss, net of R&W, exceeds unearned premium reserve.
[4] R&W recoveries recorded in other assets on the consolidated balance sheet.