XML 32 R57.htm IDEA: XBRL DOCUMENT v2.4.0.8
Expected Losses to be Paid - Net Expected Loss to be Paid Before Recoveries for Breaches of R&W Roll Forward by Sector (Details) (USD $)
In Millions, unless otherwise specified
3 Months Ended 6 Months Ended 3 Months Ended 6 Months Ended 3 Months Ended 6 Months Ended 3 Months Ended 6 Months Ended 3 Months Ended 6 Months Ended 3 Months Ended 6 Months Ended 3 Months Ended 6 Months Ended 3 Months Ended 6 Months Ended 3 Months Ended 6 Months Ended 3 Months Ended 6 Months Ended 3 Months Ended 6 Months Ended 3 Months Ended 6 Months Ended 3 Months Ended 6 Months Ended 3 Months Ended 6 Months Ended 3 Months Ended 6 Months Ended 3 Months Ended 6 Months Ended 12 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
Dec. 31, 2013
Jun. 30, 2014
Spanish and Hungarian Debt [Member]
Jun. 30, 2014
Spanish and Hungarian Debt [Member]
Jun. 30, 2014
Prime first lien
Jun. 30, 2013
Prime first lien
Jun. 30, 2014
Prime first lien
Jun. 30, 2013
Prime first lien
Jun. 30, 2014
Alt-A first lien
Jun. 30, 2013
Alt-A first lien
Jun. 30, 2014
Alt-A first lien
Jun. 30, 2013
Alt-A first lien
Jun. 30, 2014
Option ARM
Jun. 30, 2013
Option ARM
Jun. 30, 2014
Option ARM
Jun. 30, 2013
Option ARM
Jun. 30, 2014
First mortgage, subprime
Jun. 30, 2013
First mortgage, subprime
Jun. 30, 2014
First mortgage, subprime
Jun. 30, 2013
First mortgage, subprime
Jun. 30, 2014
Total first lien
Jun. 30, 2013
Total first lien
Jun. 30, 2014
Total first lien
Jun. 30, 2013
Total first lien
Jun. 30, 2014
Close ended second lien
Jun. 30, 2013
Close ended second lien
Jun. 30, 2014
Close ended second lien
Jun. 30, 2013
Close ended second lien
Jun. 30, 2014
HELOCs
Jun. 30, 2013
HELOCs
Jun. 30, 2014
HELOCs
Jun. 30, 2013
HELOCs
Jun. 30, 2014
Second lien
Jun. 30, 2013
Second lien
Jun. 30, 2014
Second lien
Jun. 30, 2013
Second lien
Jun. 30, 2014
U.S. RMBS
Jun. 30, 2013
U.S. RMBS
Jun. 30, 2014
U.S. RMBS
Jun. 30, 2013
U.S. RMBS
Jun. 30, 2014
TruPS
Jun. 30, 2013
TruPS
Jun. 30, 2014
TruPS
Jun. 30, 2013
TruPS
Jun. 30, 2014
Structured finance
Jun. 30, 2013
Structured finance
Jun. 30, 2014
Structured finance
Jun. 30, 2013
Structured finance
Jun. 30, 2014
Public Finance U.S.
Jun. 30, 2013
Public Finance U.S.
Jun. 30, 2014
Public Finance U.S.
Jun. 30, 2013
Public Finance U.S.
Jun. 30, 2014
Public Finance Non-U.S.
Jun. 30, 2013
Public Finance Non-U.S.
Jun. 30, 2014
Public Finance Non-U.S.
Jun. 30, 2013
Public Finance Non-U.S.
Jun. 30, 2014
Other insurance
Jun. 30, 2013
Other insurance
Jun. 30, 2014
Other insurance
Jun. 30, 2013
Other insurance
Jun. 30, 2014
Minimum
Dec. 31, 2013
Minimum
Jun. 30, 2014
Maximum
Dec. 31, 2013
Maximum
Guarantor Obligations [Line Items]                                                                                                                                      
Discount factor (as a percent)                                                                                                                               0.00% 0.00% 3.78% 4.44%
Present Value of Net Expected Loss and Loss Adjustment Expenses to be Paid [Roll Forward]                                                                                                                                      
Beginning of Period, Net Expected Loss to be Paid After Recoveries for R&W $ 984 [1] $ 487 [1] $ 982 [1] $ 677       $ 18 [1] $ 11 [1] $ 21 [1] $ 6 $ 308 [1] $ 313 [1] $ 304 [1] $ 315 $ (28) [1] $ (327) [1] $ (9) [1] $ (131) $ 295 [1] $ 263 [1] $ 304 [1] $ 242 $ 593 [1] $ 260 [1] $ 620 [1] $ 432 $ (4) [1] $ (21) [1] $ (11) [1] $ (39) $ (109) [1] $ (122) [1] $ (116) [1] $ (111) $ (113) [1] $ (143) [1] $ (127) [1] $ (150) $ 480 [1] $ 117 [1] $ 493 [1] $ 282 $ 32 [1] $ 23 [1] $ 51 [1] $ 27 $ 138 [1] $ 307 [1] $ 120 [1] $ 312 $ 281 [1] $ (9) [1] $ 264 [1] $ 7 $ 57 [1] $ 62 [1] $ 57 [1] $ 52 $ (4) [1] $ (13) [1] $ (3) [1] $ (3)        
Net Expected Loss Development After Recoveries for R&W 23 87 35 (11)   1 1 (7) 7 (10) 13 4 (7) 12 2 (24) 21 (39) (117) 6 23 (1) 48 (21) 44 (38) (54) (5) 6 0 7 (33) (31) (31) (34) (38) (25) (31) (27) (59) 19 (69) (81) 0 1 (19) (2) 5 (24) 24 (26) 82 87 105 94 (5) 4 (5) 14 0 0 (1) (10)        
(Paid) Recovered Losses 28 [2] 200 [2] 18 [2] 108 [2]       0 [2] 0 [2] 0 [2] (1) [2] (11) [2] (18) [2] (15) [2] (29) [2] 1 [2] 286 [2] (3) [2] 228 [2] 40 [2] (12) [2] 38 [2] (16) [2] 30 [2] 256 [2] 20 [2] 182 [2] 0 [2] 1 [2] 2 [2] 18 [2] 25 [2] 56 [2] 30 [2] 48 [2] 25 [2] 57 [2] 32 [2] 66 [2] 55 [2] 313 [2] 52 [2] 248 [2] 0 [2] 9 [2] 0 [2] 8 [2] (3) [2] (125) [2] (4) [2] (128) [2] (24) [2] (7) [2] (30) [2] (30) [2] 0 [2] 0 [2] 0 [2] 0 [2] 0 [2] 10 [2] 0 [2] 10 [2]        
End of Period, Net Expected Loss to be Paid After Recoveries for R&W 1,035 [1] 774 [1] 1,035 [1] 774 [1]       11 [1] 18 [1] 11 [1] 18 [1] 301 [1] 288 [1] 301 [1] 288 [1] (51) [1] (20) [1] (51) [1] (20) [1] 341 [1] 274 [1] 341 [1] 274 [1] 602 [1] 560 [1] 602 [1] 560 [1] (9) [1] (14) [1] (9) [1] (14) [1] (117) [1] (97) [1] (117) [1] (97) [1] (126) [1] (111) [1] (126) [1] (111) [1] 476 [1] 449 [1] 476 [1] 449 [1] 32 [1] 33 [1] 32 [1] 33 [1] 140 [1] 158 [1] 140 [1] 158 [1] 339 [1] 71 [1] 339 [1] 71 [1] 52 [1] 66 [1] 52 [1] 66 [1] (4) [1] (3) [1] (4) [1] (3) [1]        
Period after the end of the reporting period within which the ceded paid losses are typically settled (in days)     45 days                                                                                                                                
Expected LAE for mitigating claim liabilities 33   33   34 50 50                                                                                                                        
LAE paid $ 8 $ 16 $ 14 $ 29                                                                                                                              
[1] Includes expected loss adjustment expenses ("LAE") to be paid of $33 million as of June 30, 2014 and $34 million as of December 31, 2013. The Company paid $8 million and $16 million in LAE for Second Quarter 2014 and 2013, respectively, and $14 million and $29 million in LAE for Six Months 2014 and 2013, respectively.
[2] Net of ceded paid losses, whether or not such amounts have been settled with reinsurers. Ceded paid losses are typically settled 45 days after the end of the reporting period. Such amounts are recorded in reinsurance recoverable on paid losses included in other assets.