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Financial Guaranty Insurance Losses (Reconciliation of Net Expected Loss to be Paid and Expensed) (Details 3) (USD $)
In Millions, unless otherwise specified
Mar. 31, 2013
Dec. 31, 2012
Guarantor Obligations [Line Items]    
Less: net expected loss to be paid for FG VIEs $ (138)  
Salvage and subrogation recoverable payable, net 493 [1] 410 [1]
Ceded salvage and subrogation recoverable (50) [2] (46) [2]
Reinsurance recoverable on unpaid losses 56 58
Net expected loss to be expensed related to consolidated financial guaranty VIEs 130  
Consolidated Entity Excluding Variable Interest Entities (VIE)
   
Guarantor Obligations [Line Items]    
Contra-paid, net 92  
Other recoveries 27 [3] 30 [3]
Salvage and subrogation recoverable payable, net 488  
Loss and LAE reserve (474)  
Reinsurance recoverable on unpaid losses 27 [3]  
Financial Guarantee [Member]
   
Guarantor Obligations [Line Items]    
Net expected loss to be paid 172  
Total 310  
Financial guaranty
   
Guarantor Obligations [Line Items]    
Contra-paid, net 92 [4] 124 [4]
Total present value basis 443 [5],[6]  
Below investment grade (BIG) | Financial Guarantee [Member]
   
Guarantor Obligations [Line Items]    
Net expected loss to be paid   (355)
Below investment grade (BIG) | Financial guaranty
   
Guarantor Obligations [Line Items]    
Net expected loss to be paid (172)  
Less: net expected loss to be paid for FG VIEs (138) (96)
Total $ 310 $ 451
[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] R&W recoveries recorded in other assets on the consolidated balance sheet.
[4] (1)Excludes $244 million and $262 million of deferred premium revenue, and $72 million and $98 million of contra-paid related to FG VIEs as of March 31, 2013 and December 31, 2012, respectively.
[5] Excludes $130 million as of March 31, 2013, related to consolidated FG VIEs.
[6] Consolidation of FG VIEs resulted in reductions of $130 million in net expected loss to be expensed.