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Consolidation of Variable Interest Entities (Details) (USD $)
3 Months Ended 6 Months Ended 12 Months Ended 3 Months Ended
Jun. 30, 2013
Entity
Jun. 30, 2012
Jun. 30, 2013
Entity
Jun. 30, 2012
Entity
Dec. 31, 2012
Entity
Jun. 30, 2013
Flagstar and UBS [Member]
Mar. 31, 2013
Flagstar
Jun. 30, 2012
AGC R&W Benefits From Deutsche Bank Settlement
Jun. 30, 2013
Total first lien
Entity
Dec. 31, 2012
Total first lien
Entity
Jun. 30, 2013
Second lien
Entity
Dec. 31, 2012
Second lien
Entity
Jun. 30, 2013
Other VIE with recourse
Entity
Dec. 31, 2012
Other VIE with recourse
Entity
Consolidated VIEs                            
Net fair value gains and losses on FG VIEs are expected to reverse to zero at maturity of the VIE debt $ 0   $ 0                      
Number of VIE that did not require consolidation 1,100   1,100                      
Consolidated Variable Interest Entities [Roll Forward]                            
Number of FG VIEs     33 33 33                  
Variable Interest Entity, Number of Entities to be Consolidated     11 [1]   2 [1]                  
Variable Interest Entity, Number of Entities to be Deconsolidated 2 [1]   (2) [1]   0 [1]                  
Variable Interest Entity Number Matured     (1)   (2)                  
Variable Interest Entity Consolidation Gain or Loss     7,000,000   6,000,000                  
Number of FG VIEs 41   41   33                  
Credit Risk Derivatives at Fair Value before Effect of Credit Spread Net 1 [Abstract]                            
Number of days VIEs' assets were past due (in days) 90 days                          
Total unpaid principal balance for the VIEs' assets that were over 90 days or more past due 820,000,000   820,000,000                      
Difference between the aggregate unpaid principal and aggregate fair value of the VIEs' Assets 2,169,000,000   2,169,000,000                      
Change in the instrument specific credit risk of the VIEs' assets 97,000,000 84,000,000 168,000,000 170,000,000                    
Difference between the aggregate unpaid principal and aggregate fair value of the VIEs' liabilities 1,739,000,000   1,739,000,000                      
VIE's with recourse 41   41   33       25 14 14 16 2 3
VIE's without recourse 0   0   0                  
Number of FG VIEs 41   41   33                  
Assets 2,674,000,000   2,674,000,000   2,688,000,000       653,000,000 618,000,000 492,000,000 633,000,000 360,000,000 350,000,000
Liabilities 3,074,000,000   3,074,000,000   3,141,000,000       849,000,000 825,000,000 731,000,000 915,000,000 360,000,000 350,000,000
Total with recourse , Assets 1,505,000,000   1,505,000,000   1,601,000,000                  
Financial guaranty variable interest entities’ liabilities with recourse, at fair value 1,940,000,000   1,940,000,000   2,090,000,000                  
Without recourse, Assets 1,169,000,000   1,169,000,000   1,087,000,000                  
Financial guaranty variable interest entities’ liabilities without recourse, at fair value 1,134,000,000   1,134,000,000   1,051,000,000                  
Contractual Maturity                            
Unpaid principal for FG VIEs’ liabilities with recourse (1) 2,481,000,000 [2]   2,481,000,000 [2]   2,808,000,000 [2]                  
2014 12,000,000   12,000,000                      
Net change in fair value of financial guaranty variable interest entities:                            
Net earned premiums (15,000,000) (16,000,000) (33,000,000) (33,000,000)                    
Net investment income (4,000,000) (3,000,000) (7,000,000) (6,000,000)                    
Net realized investment gains (losses) 1,000,000 3,000,000 2,000,000 4,000,000                    
Fair value gains (losses) on FG VIEs 143,000,000 168,000,000 213,000,000 127,000,000   149,000,000 64,000,000 161,000,000            
Loss and LAE 22,000,000 4,000,000 15,000,000 12,000,000                    
Total pre-tax effect on net income 147,000,000 156,000,000 190,000,000 104,000,000                    
Less: tax provision (benefit) 51,000,000 55,000,000 66,000,000 37,000,000                    
Total effect on net income (loss) 96,000,000 101,000,000 124,000,000 67,000,000                    
Total (decrease) increase on shareholders' equity $ (226,000,000)   $ (226,000,000)   $ (348,000,000)                  
[1] Net loss on consolidation and deconsolidation was $7 million in Six Months 2013 and $6 million in 2012, respectively, and recorded in “fair value gains (losses) on FG VIEs” in the consolidated statement of operations.
[2] FG VIE liabilities with recourse will mature at various dates ranging from 2025 to 2047, except for $12 million maturing in 2014.