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Outstanding Exposure (Details 3) (USD $)
9 Months Ended
Sep. 30, 2013
Dec. 31, 2012
Financial guarantee obligations    
Minimum Amount Assumed Principal Amount for Internal Rating $ 1,000,000  
Probability of paying more claims than being reimbursed (as a percent) 50.00%  
Constant discount rate (as a percent) 5.00%  
Maximum period of liquidity claims (in years) 1 year  
Net Par Amount Outstanding 473,370,000,000 [1] 518,772,000,000 [1]
Financial Guaranty Contracts Accounted for as Credit Derivatives Outstanding Principal Amount 59,109,000,000 70,781,000,000
Below investment grade (BIG)
   
Financial guarantee obligations    
Net Par Amount Outstanding 18,557,000,000 [1] 22,297,000,000 [1]
% of Total Net Par Outstanding 3.90% 4.30%
Financial Guaranty Contracts Accounted for as Insurance Outstanding Principal Amount 13,578,000,000 [2] 15,588,000,000 [2]
Financial Guaranty Contracts Accounted for as Credit Derivatives Outstanding Principal Amount 4,979,000,000 6,709,000,000
Financial Guaranty Contracts Accounted for as Insurance Number of Contracts 366 [2],[3] 370 [2],[3]
Financial Guaranty Contracts Accounted for as Credit Derivatives Number of Contracts 75 [3] 89 [3]
Insured Financial Obligations Number of Contracts 441 [3] 459 [3]
Category 1
   
Financial guarantee obligations    
Net Par Amount Outstanding 8,986,000,000 10,820,000,000
Category 1 | Below investment grade (BIG)
   
Financial guarantee obligations    
Net Par Amount Outstanding 8,986,000,000 10,820,000,000
Financial Guaranty Contracts Accounted for as Insurance Outstanding Principal Amount 7,453,000,000 [2] 7,929,000,000 [2]
Financial Guaranty Contracts Accounted for as Credit Derivatives Outstanding Principal Amount 1,533,000,000 2,891,000,000
Financial Guaranty Contracts Accounted for as Insurance Number of Contracts 154 [2],[3] 163 [2],[3]
Financial Guaranty Contracts Accounted for as Credit Derivatives Number of Contracts 21 [3] 33 [3]
Insured Financial Obligations Number of Contracts 175 [3] 196 [3]
Category 2
   
Financial guarantee obligations    
Net Par Amount Outstanding 4,805,000,000 4,617,000,000
Category 2 | Below investment grade (BIG)
   
Financial guarantee obligations    
Net Par Amount Outstanding 4,805,000,000 4,617,000,000
Financial Guaranty Contracts Accounted for as Insurance Outstanding Principal Amount 2,537,000,000 [2] 2,116,000,000 [2]
Financial Guaranty Contracts Accounted for as Credit Derivatives Outstanding Principal Amount 2,268,000,000 2,501,000,000
Financial Guaranty Contracts Accounted for as Insurance Number of Contracts 76 [2],[3] 76 [2],[3]
Financial Guaranty Contracts Accounted for as Credit Derivatives Number of Contracts 25 [3] 27 [3]
Insured Financial Obligations Number of Contracts 101 [3] 103 [3]
Category 3
   
Financial guarantee obligations    
Net Par Amount Outstanding 4,766,000,000 6,860,000,000
Category 3 | Below investment grade (BIG)
   
Financial guarantee obligations    
Net Par Amount Outstanding 4,766,000,000 6,860,000,000
Financial Guaranty Contracts Accounted for as Insurance Outstanding Principal Amount 3,588,000,000 [2] 5,543,000,000 [2]
Financial Guaranty Contracts Accounted for as Credit Derivatives Outstanding Principal Amount 1,178,000,000 1,317,000,000
Financial Guaranty Contracts Accounted for as Insurance Number of Contracts 136 [2],[3] 131 [2],[3]
Financial Guaranty Contracts Accounted for as Credit Derivatives Number of Contracts 29 [3] 29 [3]
Insured Financial Obligations Number of Contracts 165 [3] 160 [3]
Prime first lien
   
Financial guarantee obligations    
Net Par Amount Outstanding 561,000,000 641,000,000
Financial Guaranty Contracts Accounted for as Credit Derivatives Outstanding Principal Amount 278,000,000 333,000,000
Prime first lien | Below investment grade (BIG)
   
Financial guarantee obligations    
Net Par Amount Outstanding 417,000,000 475,000,000
% of Total Net Par Outstanding 0.10% 0.10%
Prime first lien | Category 1
   
Financial guarantee obligations    
Net Par Amount Outstanding 75,000,000 28,000,000
Prime first lien | Category 2
   
Financial guarantee obligations    
Net Par Amount Outstanding 333,000,000 436,000,000
Prime first lien | Category 3
   
Financial guarantee obligations    
Net Par Amount Outstanding 9,000,000 11,000,000
Alt-A first lien
   
Financial guarantee obligations    
Net Par Amount Outstanding 3,993,000,000 4,469,000,000
Alt-A first lien | Below investment grade (BIG)
   
Financial guarantee obligations    
Net Par Amount Outstanding 2,801,000,000 3,454,000,000
% of Total Net Par Outstanding 0.60% 0.70%
Alt-A first lien | Category 1
   
Financial guarantee obligations    
Net Par Amount Outstanding 913,000,000 753,000,000
Alt-A first lien | Category 2
   
Financial guarantee obligations    
Net Par Amount Outstanding 1,454,000,000 1,962,000,000
Alt-A first lien | Category 3
   
Financial guarantee obligations    
Net Par Amount Outstanding 434,000,000 739,000,000
Option ARM
   
Financial guarantee obligations    
Net Par Amount Outstanding 1,014,000,000 1,450,000,000
Option ARM | Below investment grade (BIG)
   
Financial guarantee obligations    
Net Par Amount Outstanding 632,000,000 1,042,000,000
% of Total Net Par Outstanding 0.20% 0.20%
Option ARM | Category 1
   
Financial guarantee obligations    
Net Par Amount Outstanding 68,000,000 333,000,000
Option ARM | Category 2
   
Financial guarantee obligations    
Net Par Amount Outstanding 353,000,000 392,000,000
Option ARM | Category 3
   
Financial guarantee obligations    
Net Par Amount Outstanding 211,000,000 317,000,000
First mortgage, subprime
   
Financial guarantee obligations    
Net Par Amount Outstanding 6,335,000,000 7,048,000,000
Financial Guaranty Contracts Accounted for as Credit Derivatives Outstanding Principal Amount 3,067,000,000 3,494,000,000
First mortgage, subprime | Below investment grade (BIG)
   
Financial guarantee obligations    
Net Par Amount Outstanding 1,983,000,000 2,061,000,000
% of Total Net Par Outstanding 0.40% 0.40%
First mortgage, subprime | Category 1
   
Financial guarantee obligations    
Net Par Amount Outstanding 172,000,000 152,000,000
First mortgage, subprime | Category 2
   
Financial guarantee obligations    
Net Par Amount Outstanding 921,000,000 988,000,000
First mortgage, subprime | Category 3
   
Financial guarantee obligations    
Net Par Amount Outstanding 890,000,000 921,000,000
Close ended second lien
   
Financial guarantee obligations    
Net Par Amount Outstanding 252,000,000 348,000,000
Close ended second lien | Below investment grade (BIG)
   
Financial guarantee obligations    
Net Par Amount Outstanding 150,000,000 231,000,000
% of Total Net Par Outstanding 0.00% 0.00%
Close ended second lien | Category 1
   
Financial guarantee obligations    
Net Par Amount Outstanding 9,000,000 97,000,000
Close ended second lien | Category 2
   
Financial guarantee obligations    
Net Par Amount Outstanding 20,000,000 76,000,000
Close ended second lien | Category 3
   
Financial guarantee obligations    
Net Par Amount Outstanding 121,000,000 58,000,000
HELOCs
   
Financial guarantee obligations    
Net Par Amount Outstanding 2,365,000,000 3,079,000,000
HELOCs | Below investment grade (BIG)
   
Financial guarantee obligations    
Net Par Amount Outstanding 1,955,000,000 2,576,000,000
% of Total Net Par Outstanding 0.40% 0.50%
HELOCs | Category 1
   
Financial guarantee obligations    
Net Par Amount Outstanding 1,461,000,000 644,000,000
HELOCs | Category 2
   
Financial guarantee obligations    
Net Par Amount Outstanding 22,000,000 0
HELOCs | Category 3
   
Financial guarantee obligations    
Net Par Amount Outstanding 472,000,000 1,932,000,000
U.S. RMBS
   
Financial guarantee obligations    
Net Par Amount Outstanding 14,520,000,000 17,035,000,000
Financial Guaranty Contracts Accounted for as Credit Derivatives Outstanding Principal Amount 6,365,000,000 7,257,000,000
U.S. RMBS | Investment Grade [Member]
   
Financial guarantee obligations    
Refinement of Approach to Internal Credit Ratings, Number of Transactions Upgraded 4 1
Refinement of Approach to Internal Credit Ratings, Net Par Upgraded 264,000,000 25,000,000
U.S. RMBS | Below investment grade (BIG)
   
Financial guarantee obligations    
Net Par Amount Outstanding 7,938,000,000 9,839,000,000
% of Total Net Par Outstanding 1.70% 1.90%
U.S. RMBS | Category 1
   
Financial guarantee obligations    
Net Par Amount Outstanding 2,698,000,000 2,007,000,000
U.S. RMBS | Category 2
   
Financial guarantee obligations    
Net Par Amount Outstanding 3,103,000,000 3,854,000,000
U.S. RMBS | Category 3
   
Financial guarantee obligations    
Net Par Amount Outstanding 2,137,000,000 3,978,000,000
TruPS
   
Financial guarantee obligations    
Net Par Amount Outstanding 5,164,000,000 5,694,000,000
TruPS | Below investment grade (BIG)
   
Financial guarantee obligations    
Net Par Amount Outstanding 1,996,000,000 2,873,000,000
% of Total Net Par Outstanding 0.40% 0.60%
TruPS | Category 1
   
Financial guarantee obligations    
Net Par Amount Outstanding 941,000,000 1,920,000,000
TruPS | Category 2
   
Financial guarantee obligations    
Net Par Amount Outstanding 136,000,000 0
TruPS | Category 3
   
Financial guarantee obligations    
Net Par Amount Outstanding 919,000,000 953,000,000
Other Structured Finance [Member]
   
Financial guarantee obligations    
Net Par Amount Outstanding 57,571,000,000 70,574,000,000
Other Structured Finance [Member] | Below investment grade (BIG)
   
Financial guarantee obligations    
Net Par Amount Outstanding 2,369,000,000 2,727,000,000
% of Total Net Par Outstanding 0.50% 0.50%
Other Structured Finance [Member] | Category 1
   
Financial guarantee obligations    
Net Par Amount Outstanding 1,192,000,000 1,310,000,000
Other Structured Finance [Member] | Category 2
   
Financial guarantee obligations    
Net Par Amount Outstanding 312,000,000 263,000,000
Other Structured Finance [Member] | Category 3
   
Financial guarantee obligations    
Net Par Amount Outstanding 865,000,000 1,154,000,000
US Public Finance
   
Financial guarantee obligations    
Net Par Amount Outstanding 361,203,000,000 [1] 387,929,000,000 [1]
US Public Finance | Below investment grade (BIG)
   
Financial guarantee obligations    
Net Par Amount Outstanding 4,628,000,000 [1] 4,565,000,000 [1]
% of Total Net Par Outstanding 1.00% 0.90%
US Public Finance | Category 1
   
Financial guarantee obligations    
Net Par Amount Outstanding 3,154,000,000 3,290,000,000
US Public Finance | Category 2
   
Financial guarantee obligations    
Net Par Amount Outstanding 629,000,000 500,000,000
US Public Finance | Category 3
   
Financial guarantee obligations    
Net Par Amount Outstanding 845,000,000 775,000,000
Public finance Non-U.S.
   
Financial guarantee obligations    
Net Par Amount Outstanding 34,912,000,000 [1] 37,540,000,000 [1]
Public finance Non-U.S. | Below investment grade (BIG)
   
Financial guarantee obligations    
Net Par Amount Outstanding 1,626,000,000 [1] 2,293,000,000 [1]
% of Total Net Par Outstanding 0.30% 0.40%
Public finance Non-U.S. | Category 1
   
Financial guarantee obligations    
Net Par Amount Outstanding 1,001,000,000 2,293,000,000
Public finance Non-U.S. | Category 2
   
Financial guarantee obligations    
Net Par Amount Outstanding 625,000,000 0
Public finance Non-U.S. | Category 3
   
Financial guarantee obligations    
Net Par Amount Outstanding 0 0
Previous Approach [Member] | Below investment grade (BIG)
   
Financial guarantee obligations    
Net Par Amount Outstanding 18,821,000,000 22,322,000,000
Previous Approach [Member] | Category 1
   
Financial guarantee obligations    
Net Par Amount Outstanding 7,032,000,000 9,254,000,000
Previous Approach [Member] | Category 2
   
Financial guarantee obligations    
Net Par Amount Outstanding 4,805,000,000 4,617,000,000
Previous Approach [Member] | Category 3
   
Financial guarantee obligations    
Net Par Amount Outstanding 6,984,000,000 8,451,000,000
New Approach [Member] | Below investment grade (BIG)
   
Financial guarantee obligations    
Net Par Amount Outstanding 18,557,000,000 22,297,000,000
New Approach [Member] | Category 1
   
Financial guarantee obligations    
Net Par Amount Outstanding 8,986,000,000 10,820,000,000
New Approach [Member] | Category 2
   
Financial guarantee obligations    
Net Par Amount Outstanding 4,805,000,000 4,617,000,000
New Approach [Member] | Category 3
   
Financial guarantee obligations    
Net Par Amount Outstanding 4,766,000,000 6,860,000,000
Difference [Member] | Below investment grade (BIG)
   
Financial guarantee obligations    
Net Par Amount Outstanding (264,000,000) (25,000,000)
Difference [Member] | Category 1
   
Financial guarantee obligations    
Net Par Amount Outstanding 1,954,000,000 1,566,000,000
Difference [Member] | Category 2
   
Financial guarantee obligations    
Net Par Amount Outstanding 0 0
Difference [Member] | Category 3
   
Financial guarantee obligations    
Net Par Amount Outstanding $ (2,218,000,000) $ (1,591,000,000)
[1] In Third Quarter 2013, the Company adjusted its approach to assigning internal ratings. See "Refinement of Approach to Internal Credit Ratings and Surveillance Categories" below. This approach is reflected in the "Financial Guaranty Portfolio by Internal Rating" tables as of both September 30, 2013 and December 31, 2012.
[2] Includes net par outstanding for FG VIEs.
[3] A risk represents the aggregate of the financial guaranty policies that share the same revenue source for purposes of making Debt Service payments.