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Fair Value Measurement (Details 5) (USD $)
In Millions, unless otherwise specified
Mar. 31, 2013
Dec. 31, 2012
Assets:    
Short-term investments $ 729 $ 817
Other invested assets 148 212
Credit derivative assets 125 141
FG VIEs' assets, at fair value 2,813 2,688
Liabilities:    
Credit derivative liabilities 2,518 1,934
FG VIEs' liabilities with recourse, at fair value 2,071 2,090
FG VIEs' liabilities without recourse, at fair value 1,107 1,051
Carrying Amount
   
Assets:    
Fixed maturity securities 9,985 10,056
Short-term investments 729 817
Other invested assets 119 177
Credit derivative assets 125 141
FG VIEs' assets, at fair value 2,813 2,688
Other assets 210 166
Liabilities:    
Financial guaranty insurance contracts 3,591 [1] 3,918 [1]
Long-term debt 832 836
Credit derivative liabilities 2,518 1,934
FG VIEs' liabilities with recourse, at fair value 2,071 2,090
FG VIEs' liabilities without recourse, at fair value 1,107 1,051
Other liabilities 88 47
Estimated Fair Value
   
Assets:    
Fixed maturity securities 9,985 10,056
Short-term investments 729 817
Other invested assets 122 182
Credit derivative assets 125 141
FG VIEs' assets, at fair value 2,813 2,688
Other assets 210 166
Liabilities:    
Financial guaranty insurance contracts 5,955 [1] 6,537 [1]
Long-term debt 1,131 1,091
Credit derivative liabilities 2,518 1,934
FG VIEs' liabilities with recourse, at fair value 2,071 2,090
FG VIEs' liabilities without recourse, at fair value 1,107 1,051
Other liabilities $ 88 $ 47
[1] Carrying amount includes the assets and liabilities related to financial guaranty insurance contract premiums, losses, and salvage and subrogation and other recoverables net of reinsurance.