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Reinsurance and Other Monoline Exposures - Effect of Reinsurance on Statement of Operations (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Premiums Written:        
Direct $ 41 $ 52 $ 93 $ 100
Assumed (1) (5) 1 (6)
Ceded 0 0 2 (22)
Net 40 47 96 72
Premiums Earned:        
Direct 224 151 596 438
Assumed 7 12 29 32
Ceded (18) (19) (51) (58)
Net [1] 213 144 574 412
Loss and LAE:        
Direct 111 (58) 323 46
Assumed 23 11 35 26
Ceded (22) 3 (40) (18)
Net $ 112 $ (44) $ 318 $ 54
[1] Excludes $6 million and $5 million for Third Quarter 2015 and 2014, respectively, and $16 million and $27 million for Nine Months 2015 and 2014, respectively, related to consolidated financial guaranty ("FG") VIEs.