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Income Taxes (Details) (USD $)
In Millions, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
Effective Tax Rate Reconciliation        
Expected tax provision (benefit) at statutory rates in taxable jurisdictions $ 124 $ 191 $ 76 $ (8)
Tax-exempt interest (15) (16) (29) (31)
Change in liability for uncertain tax positions 1 1 (7) 1
Other 0 1 2 2
Total provision (benefit) for income taxes 110 177 42 (36)
Effective tax rate (as a percent) 33.50% 32.00% 36.40% 25.00%
Income (loss) before provision for income taxes 329 554 117 (142)
Revenue 465 755 289 393
United States
       
Effective Tax Rate Reconciliation        
Income (loss) before provision for income taxes 353 546 219 (22)
Revenue 425 676 298 391
Bermuda
       
Effective Tax Rate Reconciliation        
Income (loss) before provision for income taxes (24) 8 (102) (120)
Revenue 40 79 (9) 2
UK
       
Effective Tax Rate Reconciliation        
Federal statutory income tax rate (as a percent) 35.00%      
Income (loss) before provision for income taxes 0 0 0 0
Revenue $ 0 $ 0 $ 0 $ 0
UK | Subsequent to April 1, 2013
       
Effective Tax Rate Reconciliation        
Federal statutory income tax rate (as a percent) 23.00%      
UK | April 1, 2012 to April 1, 2013
       
Effective Tax Rate Reconciliation        
Effective tax rate (as a percent) 23.25%      
Federal statutory income tax rate (as a percent) 24.00%      
UK | Prior to April 1, 2012
       
Effective Tax Rate Reconciliation        
Effective tax rate (as a percent) 24.50%      
Federal statutory income tax rate (as a percent) 26.00%