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Expected Loss to be Paid - Net Expected Loss to be Paid After Net Expected Recoveries for Breaches of R&W Rollforward (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Dec. 31, 2014
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 $ 1,154 $ 984 $ 1,169 [1] $ 982  
Economic loss development after recoveries for R&W 192 23 189 35  
Accretion of discount 7   14    
Changes in discount rates (47)   (40)    
Changes in timing and assumptions 232   215    
(Paid) Recovered Losses After Recoveries for R&W [2] (26) 28 (38) 18  
End of Period, Net Expected Loss to be Paid After Recoveries for R&W 1,510 [1] 1,035 $ 1,510 [1] 1,035  
Period after the end of the reporting period within which the ceded paid losses are typically settled (in days)     45 days    
Loss and LAE Reserve paid 5 8 $ 9 14  
Expected LAE to be paid 15   15   $ 16
Subtotal [Member]          
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     1,169    
Economic loss development after recoveries for R&W 192 23 189 35  
End of Period, Net Expected Loss to be Paid After Recoveries for R&W 1,510   1,510    
Public Finance [Member]          
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 352 338 348 [1] 321  
Economic loss development after recoveries for R&W 224 77 230 100  
(Paid) Recovered Losses After Recoveries for R&W [2] (4) (24) (6) (30)  
End of Period, Net Expected Loss to be Paid After Recoveries for R&W 657 [1] 391 657 [1] 391  
Public Finance [Member] | United States [Member]          
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 310 281 303 [1] 264  
Economic loss development after recoveries for R&W 226 82 235 105  
(Paid) Recovered Losses After Recoveries for R&W [2] (4) (24) (6) (30)  
End of Period, Net Expected Loss to be Paid After Recoveries for R&W 613 [1] 339 613 [1] 339  
Public Finance [Member] | Non United States [Member]          
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 42 57 45 [1] 57  
Economic loss development after recoveries for R&W (2) (5) (5) (5)  
(Paid) Recovered Losses After Recoveries for R&W [2] 0 0 0 0  
End of Period, Net Expected Loss to be Paid After Recoveries for R&W 44 [1] 52 44 [1] 52  
RMBS [Member] | United States [Member]          
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 570 480 584 [1] 493  
Economic loss development after recoveries for R&W (32) (59) (28) (69)  
(Paid) Recovered Losses After Recoveries for R&W [2] (18) 55 (36) 52  
End of Period, Net Expected Loss to be Paid After Recoveries for R&W 524 [1] 476 524 [1] 476  
RMBS [Member] | First Lien [Member] | United States [Member]          
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 569 593 595 [1] 620  
Economic loss development after recoveries for R&W (26) (21) (28) (38)  
(Paid) Recovered Losses After Recoveries for R&W [2] (25) 30 (49) 20  
End of Period, Net Expected Loss to be Paid After Recoveries for R&W 521 [1] 602 521 [1] 602  
RMBS [Member] | First Lien [Member] | Prime [Member] | United States [Member]          
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 3 18 4 [1] 21  
Economic loss development after recoveries for R&W (1) (7) (1) (10)  
(Paid) Recovered Losses After Recoveries for R&W [2] (1) 0 (2) 0  
End of Period, Net Expected Loss to be Paid After Recoveries for R&W 1 [1] 11 1 [1] 11  
RMBS [Member] | First Lien [Member] | Alt-A [Member] | United States [Member]          
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 289 308 304 [1] 304  
Economic loss development after recoveries for R&W (16) 4 (21) 12  
(Paid) Recovered Losses After Recoveries for R&W [2] (15) (11) (25) (15)  
End of Period, Net Expected Loss to be Paid After Recoveries for R&W 265 [1] 301 265 [1] 301  
RMBS [Member] | First Lien [Member] | Option ARM [Member] | United States [Member]          
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 (16) (28) (16) [1] (9)  
Economic loss development after recoveries for R&W (3) (24) 1 (39)  
(Paid) Recovered Losses After Recoveries for R&W [2] 1 1 (3) (3)  
End of Period, Net Expected Loss to be Paid After Recoveries for R&W (18) [1] (51) (18) [1] (51)  
RMBS [Member] | First Lien [Member] | Subprime [Member] | United States [Member]          
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 293 295 303 [1] 304  
Economic loss development after recoveries for R&W (6) 6 (7) (1)  
(Paid) Recovered Losses After Recoveries for R&W [2] (10) 40 (19) 38  
End of Period, Net Expected Loss to be Paid After Recoveries for R&W 273 [1] 341 273 [1] 341  
RMBS [Member] | Second Lien [Member] | United States [Member]          
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 1 (113) (11) [1] (127)  
Economic loss development after recoveries for R&W (6) (38) 0 (31)  
(Paid) Recovered Losses After Recoveries for R&W [2] 7 25 13 32  
End of Period, Net Expected Loss to be Paid After Recoveries for R&W 3 [1] (126) 3 [1] (126)  
RMBS [Member] | Second Lien [Member] | Closed-end [Member] | United States [Member]          
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 11 (4) 8 [1] (11)  
Economic loss development after recoveries for R&W (3) (5) (2) 0  
(Paid) Recovered Losses After Recoveries for R&W [2] 1 0 3 2  
End of Period, Net Expected Loss to be Paid After Recoveries for R&W 9 [1] (9) 9 [1] (9)  
RMBS [Member] | Second Lien [Member] | HELOCs [Member] | United States [Member]          
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 (10) (109) (19) [1] (116)  
Economic loss development after recoveries for R&W (3) (33) 2 (31)  
(Paid) Recovered Losses After Recoveries for R&W [2] 6 25 10 30  
End of Period, Net Expected Loss to be Paid After Recoveries for R&W (6) [1] (117) (6) [1] (117)  
Triple-X Life Insurance Transaction [Member]          
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 165 87 161 [1] 75  
Economic loss development after recoveries for R&W 2 1 7 14  
(Paid) Recovered Losses After Recoveries for R&W [2] (2) (1) (3) (2)  
End of Period, Net Expected Loss to be Paid After Recoveries for R&W 165 [1] 87 165 [1] 87  
Trust Preferred Securities (TruPS) [Member]          
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 14 32 23 [1] 51  
Economic loss development after recoveries for R&W (4) 0 (13) (19) [3]  
(Paid) Recovered Losses After Recoveries for R&W [2] 0 0 0 0  
End of Period, Net Expected Loss to be Paid After Recoveries for R&W 10 [1] 32 10 [1] 32  
Student Loan [Member]          
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 62 54 68 [1] 52  
Economic loss development after recoveries for R&W 1 4 (5) 6 [3]  
(Paid) Recovered Losses After Recoveries for R&W [2] (5) 0 (5) 0  
End of Period, Net Expected Loss to be Paid After Recoveries for R&W 58 [1] 58 58 [1] 58  
Other structured finance [Member]          
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 (9) (7) (15) [1] (10)  
Economic loss development after recoveries for R&W 1 0 (2) 3  
(Paid) Recovered Losses After Recoveries for R&W [2] 3 (2) 12 (2)  
End of Period, Net Expected Loss to be Paid After Recoveries for R&W 96 [1] (9) 96 [1] (9)  
Structured Finance [Member]          
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 802 646 821 [1] 661  
Economic loss development after recoveries for R&W (32) (54) (41) (65)  
(Paid) Recovered Losses After Recoveries for R&W [2] (22) 52 (32) 48  
End of Period, Net Expected Loss to be Paid After Recoveries for R&W 853 [1] $ 644 $ 853 [1] $ 644  
Radian [Member]          
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 190        
Radian [Member] | Public Finance [Member]          
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 85        
Radian [Member] | Public Finance [Member] | United States [Member]          
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 81        
Radian [Member] | Public Finance [Member] | Non United States [Member]          
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 4        
Radian [Member] | RMBS [Member] | United States [Member]          
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 4        
Radian [Member] | RMBS [Member] | First Lien [Member] | United States [Member]          
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 3        
Radian [Member] | RMBS [Member] | First Lien [Member] | Prime [Member] | United States [Member]          
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 0        
Radian [Member] | RMBS [Member] | First Lien [Member] | Alt-A [Member] | United States [Member]          
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 7        
Radian [Member] | RMBS [Member] | First Lien [Member] | Option ARM [Member] | United States [Member]          
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 0        
Radian [Member] | RMBS [Member] | First Lien [Member] | Subprime [Member] | United States [Member]          
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 (4)        
Radian [Member] | RMBS [Member] | Second Lien [Member] | United States [Member]          
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 1        
Radian [Member] | RMBS [Member] | Second Lien [Member] | Closed-end [Member] | United States [Member]          
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 0        
Radian [Member] | RMBS [Member] | Second Lien [Member] | HELOCs [Member] | United States [Member]          
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 1        
Radian [Member] | Triple-X Life Insurance Transaction [Member]          
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 0        
Radian [Member] | Trust Preferred Securities (TruPS) [Member]          
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 0        
Radian [Member] | Student Loan [Member]          
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 0        
Radian [Member] | Other structured finance [Member]          
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 101        
Radian [Member] | Structured Finance [Member]          
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 $ 105        
[1] Includes expected LAE to be paid of $15 million as of June 30, 2015 and $16 million as of December 31, 2014.
[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. The Company paid $5 million and $8 million in LAE for Second Quarter 2015 and 2014, respectively, and $9 million and $14 million in LAE for Six Months 2015 and 2014 , respectively.
[3] Refer to Note 9, Financial Guaranty Contracts Accounted for as Credit Derivatives.