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Outstanding Exposure - Net Direct Economic Exposure to Selected European Countries (Details) (USD $)
In Millions, unless otherwise specified
Mar. 31, 2014
Financial guarantee obligations  
Net Economic Exposure to Selected European Countries $ 2,863 [1]
Hungary
 
Financial guarantee obligations  
Net Economic Exposure to Selected European Countries 587 [1],[2]
Ireland
 
Financial guarantee obligations  
Net Economic Exposure to Selected European Countries 145 [1]
Italy
 
Financial guarantee obligations  
Net Economic Exposure to Selected European Countries 1,591 [1]
Portugal
 
Financial guarantee obligations  
Net Economic Exposure to Selected European Countries 110 [1],[2]
Spain
 
Financial guarantee obligations  
Net Economic Exposure to Selected European Countries 430 [1],[2]
Sovereign and sub-sovereign exposure
 
Financial guarantee obligations  
Net Economic Exposure to Selected European Countries 1,954 [1]
Sovereign and sub-sovereign exposure | Non-infrastructure public finance
 
Financial guarantee obligations  
Net Economic Exposure to Selected European Countries 1,398 [1],[3]
Sovereign and sub-sovereign exposure | Infrastructure finance
 
Financial guarantee obligations  
Net Economic Exposure to Selected European Countries 556 [1]
Sovereign and sub-sovereign exposure | Hungary
 
Financial guarantee obligations  
Net Economic Exposure to Selected European Countries 370 [1],[2]
Sovereign and sub-sovereign exposure | Hungary | Non-infrastructure public finance
 
Financial guarantee obligations  
Net Economic Exposure to Selected European Countries 0 [1],[2],[3]
Sovereign and sub-sovereign exposure | Hungary | Infrastructure finance
 
Financial guarantee obligations  
Net Economic Exposure to Selected European Countries 370 [1],[2]
Sovereign and sub-sovereign exposure | Ireland
 
Financial guarantee obligations  
Net Economic Exposure to Selected European Countries 0 [1]
Sovereign and sub-sovereign exposure | Ireland | Non-infrastructure public finance
 
Financial guarantee obligations  
Net Economic Exposure to Selected European Countries 0 [1],[3]
Sovereign and sub-sovereign exposure | Ireland | Infrastructure finance
 
Financial guarantee obligations  
Net Economic Exposure to Selected European Countries 0 [1]
Sovereign and sub-sovereign exposure | Italy
 
Financial guarantee obligations  
Net Economic Exposure to Selected European Countries 1,044 [1]
Sovereign and sub-sovereign exposure | Italy | Non-infrastructure public finance
 
Financial guarantee obligations  
Net Economic Exposure to Selected European Countries 1,026 [1],[3]
Sovereign and sub-sovereign exposure | Italy | Infrastructure finance
 
Financial guarantee obligations  
Net Economic Exposure to Selected European Countries 18 [1]
Sovereign and sub-sovereign exposure | Portugal
 
Financial guarantee obligations  
Net Economic Exposure to Selected European Countries 110 [1],[2]
Sovereign and sub-sovereign exposure | Portugal | Non-infrastructure public finance
 
Financial guarantee obligations  
Net Economic Exposure to Selected European Countries 98 [1],[2],[3]
Sovereign and sub-sovereign exposure | Portugal | Infrastructure finance
 
Financial guarantee obligations  
Net Economic Exposure to Selected European Countries 12 [1],[2]
Sovereign and sub-sovereign exposure | Spain
 
Financial guarantee obligations  
Net Economic Exposure to Selected European Countries 430 [1],[2]
Sovereign and sub-sovereign exposure | Spain | Non-infrastructure public finance
 
Financial guarantee obligations  
Net Economic Exposure to Selected European Countries 274 [1],[2],[3]
Sovereign and sub-sovereign exposure | Spain | Infrastructure finance
 
Financial guarantee obligations  
Net Economic Exposure to Selected European Countries 156 [1],[2]
Non-sovereign exposure
 
Financial guarantee obligations  
Net Economic Exposure to Selected European Countries 909 [1]
Non-sovereign exposure | Regulated utilities
 
Financial guarantee obligations  
Net Economic Exposure to Selected European Countries 235 [1]
Non-sovereign exposure | RMBS
 
Financial guarantee obligations  
Net Economic Exposure to Selected European Countries 674 [1]
Non-sovereign exposure | Hungary
 
Financial guarantee obligations  
Net Economic Exposure to Selected European Countries 217 [1],[2]
Non-sovereign exposure | Hungary | Regulated utilities
 
Financial guarantee obligations  
Net Economic Exposure to Selected European Countries 0 [1],[2]
Non-sovereign exposure | Hungary | RMBS
 
Financial guarantee obligations  
Net Economic Exposure to Selected European Countries 217 [1],[2]
Non-sovereign exposure | Ireland
 
Financial guarantee obligations  
Net Economic Exposure to Selected European Countries 145 [1]
Non-sovereign exposure | Ireland | Regulated utilities
 
Financial guarantee obligations  
Net Economic Exposure to Selected European Countries 0 [1]
Non-sovereign exposure | Ireland | RMBS
 
Financial guarantee obligations  
Net Economic Exposure to Selected European Countries 145 [1]
Non-sovereign exposure | Italy
 
Financial guarantee obligations  
Net Economic Exposure to Selected European Countries 547 [1]
Non-sovereign exposure | Italy | Regulated utilities
 
Financial guarantee obligations  
Net Economic Exposure to Selected European Countries 235 [1]
Non-sovereign exposure | Italy | RMBS
 
Financial guarantee obligations  
Net Economic Exposure to Selected European Countries 312 [1]
Non-sovereign exposure | Portugal
 
Financial guarantee obligations  
Net Economic Exposure to Selected European Countries 0 [1],[2]
Non-sovereign exposure | Portugal | Regulated utilities
 
Financial guarantee obligations  
Net Economic Exposure to Selected European Countries 0 [1],[2]
Non-sovereign exposure | Portugal | RMBS
 
Financial guarantee obligations  
Net Economic Exposure to Selected European Countries 0 [1],[2]
Non-sovereign exposure | Spain
 
Financial guarantee obligations  
Net Economic Exposure to Selected European Countries 0 [1],[2]
Non-sovereign exposure | Spain | Regulated utilities
 
Financial guarantee obligations  
Net Economic Exposure to Selected European Countries 0 [1],[2]
Non-sovereign exposure | Spain | RMBS
 
Financial guarantee obligations  
Net Economic Exposure to Selected European Countries 0 [1],[2]
Below investment grade (BIG)
 
Financial guarantee obligations  
Net Economic Exposure to Selected European Countries 1,126 [1]
Below investment grade (BIG) | Hungary
 
Financial guarantee obligations  
Net Economic Exposure to Selected European Countries 587 [1],[2]
Below investment grade (BIG) | Ireland
 
Financial guarantee obligations  
Net Economic Exposure to Selected European Countries 0 [1]
Below investment grade (BIG) | Italy
 
Financial guarantee obligations  
Net Economic Exposure to Selected European Countries 0 [1]
Below investment grade (BIG) | Portugal
 
Financial guarantee obligations  
Net Economic Exposure to Selected European Countries 110 [1],[2]
Below investment grade (BIG) | Spain
 
Financial guarantee obligations  
Net Economic Exposure to Selected European Countries 429 [1],[2]
Europe [Member] | Pooled corporate obligations
 
Financial guarantee obligations  
Net Economic Exposure to Selected European Countries 710
Europe [Member] | Commercial Receivable [Member]
 
Financial guarantee obligations  
Net Economic Exposure to Selected European Countries $ 89
[1] While the Company’s exposures are shown in U.S. dollars, the obligations the Company insures are in various currencies, including U.S. dollars and Euros. Included in the table above is $145 million of reinsurance assumed on a 2004 - 2006 pool of Irish residential mortgages that is part of the Company’s remaining legacy mortgage reinsurance business. One of the residential mortgage-backed securities included in the table above includes residential mortgages in both Italy and Germany, and only the portion of the transaction equal to the portion of the original mortgage pool in Italian mortgages is shown in the table.
[2] See Note 5, Expected Loss to be Paid.
[3] The exposure shown in the “Non-infrastructure public finance” category is from transactions backed by receivable payments from sub-sovereigns in Italy, Spain and Portugal. Sub-sovereign debt is debt issued by a governmental entity or government backed entity, or supported by such an entity, that is other than direct sovereign debt of the ultimate governing body of the country.