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Financial Guaranty Insurance Losses - Reconciliation of Net Expected Loss to be Paid and Expensed (Details) (USD $)
In Millions, unless otherwise specified
Dec. 31, 2013
Dec. 31, 2012
Guarantor Obligations [Line Items]    
Less: net expected loss to be paid for FG VIEs $ 60  
Salvage and subrogation recoverable, net of reinsurance 155 [1] 410 [1]
Other recoveries 36 58
Net expected loss to be expensed related to consolidated financial guaranty VIEs 98  
Consolidated Entity Excluding Variable Interest Entities (VIE)
   
Guarantor Obligations [Line Items]    
Contra-paid, net 39  
Salvage and subrogation recoverable, net of reinsurance 150  
Loss and LAE reserve (554)  
Other recoveries 15 [2]  
Financial Guarantee
   
Guarantor Obligations [Line Items]    
Net expected loss to be paid 801  
Total 741  
Financial guaranty insurance
   
Guarantor Obligations [Line Items]    
Contra-paid, net 39 [3] 124 [3]
Net expected loss to be expensed $ 391 [4],[5]  
[1] (1) See “Components of Net Reserves (Salvage)” table for loss and LAE reserve and salvage and subrogation recoverable components.
[2] R&W recoverables recorded in other assets on the consolidated balance sheet.
[3] Excludes $187 million and $262 million deferred premium revenue and $55 million and $98 million contra-paid related to FG VIEs as of December 31, 2013 and December 31, 2012, respectively.
[4] Excludes $98 million as of December 31, 2013 related to consolidated FG VIEs.
[5] Consolidation of FG VIEs resulted in reductions of $98 million in net expected loss to be expensed which is on a present value basis.