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Subsidiary Information - Condensed Consolidating 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
Revenues        
Net earned premiums [1] $ 213 $ 144 $ 574 $ 412
Net investment income 112 102 311 301
Net realized investment gains (losses) (27) (19) (20) (25)
Net change in fair value of credit derivatives:        
Realized gains (losses) and other settlements 6 (14) 35 20
Net unrealized gains (losses) 80 269 265 127
Net change in fair value of credit derivatives [2] 86 255 300 147
Bargain purchase gain and settlement of pre-existing relationships 0 0 214 0
Other (16) 43 53 238
Total revenues 368 525 1,432 1,073
Expenses        
Loss and LAE 112 (44) 318 54
Amortization of DAC 5 4 15 12
Interest expense 25 27 76 67
Other operating expenses 54 50 176 165
Total expenses 196 37 585 298
Income (loss) before income taxes 172 488 847 775
Total (provision) benefit for income taxes (43) (133) (220) (219)
Equity in net earnings of subsidiaries 0 0 0 0
Net income (loss) 129 355 627 556
Less: noncontrolling interest 0 0 0 0
Net income (loss) 129 355 627 556
Comprehensive income (loss) 163 356 530 729
Reportable Legal Entities [Member] | Assured Guaranty Ltd. (Parent) [Member]        
Revenues        
Net earned premiums 0 0 0 0
Net investment income 0 0 0 0
Net realized investment gains (losses) 0 0 0 0
Net change in fair value of credit derivatives:        
Realized gains (losses) and other settlements 0 0 0 0
Net unrealized gains (losses) 0 0 0 0
Net change in fair value of credit derivatives 0 0 0 0
Bargain purchase gain and settlement of pre-existing relationships 0   0  
Other 0 0 0 0
Total revenues 0 0 0 0
Expenses        
Loss and LAE 0 0 0 0
Amortization of DAC 0 0 0 0
Interest expense 0 0 0 0
Other operating expenses 7 8 24 24
Total expenses 7 8 24 24
Income (loss) before income taxes (7) (8) (24) (24)
Total (provision) benefit for income taxes 0 0 0 0
Equity in net earnings of subsidiaries 136 363 651 580
Net income (loss) 129 355 627 556
Less: noncontrolling interest 0 0 0 0
Net income (loss) 129 355 627 556
Comprehensive income (loss) 163 356 530 729
Reportable Legal Entities [Member] | AGUS (Issuer) [Member]        
Revenues        
Net earned premiums 0 0 0 0
Net investment income 0 0 0 0
Net realized investment gains (losses) 0 0 0 0
Net change in fair value of credit derivatives:        
Realized gains (losses) and other settlements 0 0 0 0
Net unrealized gains (losses) 0 0 0 0
Net change in fair value of credit derivatives 0 0 0 0
Bargain purchase gain and settlement of pre-existing relationships 0   0  
Other 0 0 0 0
Total revenues 0 0 0 0
Expenses        
Loss and LAE 0 0 0 0
Amortization of DAC 0 0 0 0
Interest expense 13 13 39 27
Other operating expenses 0 0 1 1
Total expenses 13 13 40 28
Income (loss) before income taxes (13) (13) (40) (28)
Total (provision) benefit for income taxes 5 4 14 9
Equity in net earnings of subsidiaries 126 290 594 529
Net income (loss) 118 281 568 510
Less: noncontrolling interest 0 0 0 0
Net income (loss) 118 281 568 510
Comprehensive income (loss) 138 294 482 650
Reportable Legal Entities [Member] | AGMH (Issuer) [Member]        
Revenues        
Net earned premiums 0 0 0 0
Net investment income 0 1 0 1
Net realized investment gains (losses) 0 0 1 0
Net change in fair value of credit derivatives:        
Realized gains (losses) and other settlements 0 0 0 0
Net unrealized gains (losses) 0 0 0 0
Net change in fair value of credit derivatives 0 0 0 0
Bargain purchase gain and settlement of pre-existing relationships 0   0  
Other 0 0 0 0
Total revenues 0 1 1 1
Expenses        
Loss and LAE 0 0 0 0
Amortization of DAC 0 0 0 0
Interest expense 13 13 40 40
Other operating expenses 1 1 1 1
Total expenses 14 14 41 41
Income (loss) before income taxes (14) (13) (40) (40)
Total (provision) benefit for income taxes 5 5 14 14
Equity in net earnings of subsidiaries 133 147 347 436
Net income (loss) 124 139 321 410
Less: noncontrolling interest 0 0 0 0
Net income (loss) 124 139 321 410
Comprehensive income (loss) 139 146 269 495
Reportable Legal Entities [Member] | Other Entities [Member]        
Revenues        
Net earned premiums 219 142 585 408
Net investment income 113 104 318 307
Net realized investment gains (losses) (22) (19) (13) (23)
Net change in fair value of credit derivatives:        
Realized gains (losses) and other settlements 6 (14) 35 20
Net unrealized gains (losses) 81 269 292 127
Net change in fair value of credit derivatives 87 255 327 147
Bargain purchase gain and settlement of pre-existing relationships 0   54  
Other (16) 43 53 239
Total revenues 381 525 1,324 1,078
Expenses        
Loss and LAE 114 (44) 316 48
Amortization of DAC 8 6 22 17
Interest expense 4 5 11 13
Other operating expenses 47 43 152 142
Total expenses 173 10 501 220
Income (loss) before income taxes 208 515 823 858
Total (provision) benefit for income taxes (55) (140) (205) (240)
Equity in net earnings of subsidiaries 10 8 30 24
Net income (loss) 163 383 648 642
Less: noncontrolling interest 10 24 30 24
Net income (loss) 153 359 618 618
Comprehensive income (loss) 199 397 554 957
Consolidating Adjustments [Member]        
Revenues        
Net earned premiums (6) 2 (11) 4
Net investment income (1) (3) (7) (7)
Net realized investment gains (losses) (5) 0 (8) (2)
Net change in fair value of credit derivatives:        
Realized gains (losses) and other settlements 0 0 0 0
Net unrealized gains (losses) (1) 0 (27) 0
Net change in fair value of credit derivatives (1) 0 (27) 0
Bargain purchase gain and settlement of pre-existing relationships 0   160  
Other 0 0 0 (1)
Total revenues (13) (1) 107 (6)
Expenses        
Loss and LAE (2) 0 2 6
Amortization of DAC (3) (2) (7) (5)
Interest expense (5) (4) (14) (13)
Other operating expenses (1) (2) (2) (3)
Total expenses (11) (8) (21) (15)
Income (loss) before income taxes (2) 7 128 9
Total (provision) benefit for income taxes 2 (2) (43) (2)
Equity in net earnings of subsidiaries (405) (808) (1,622) (1,569)
Net income (loss) (405) (803) (1,537) (1,562)
Less: noncontrolling interest (10) (24) (30) (24)
Net income (loss) (395) (779) (1,507) (1,538)
Comprehensive income (loss) $ (476) $ (837) $ (1,305) $ (2,102)
[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.
[2] On October 9, 2015, the Company reached a settlement agreement with a CDS counterparty to terminate five Alt-A first lien CDS transactions. This termination agreement will generate a net fair value gain of approximately $293 million in the Company’s fourth quarter 2015 financial statements. In addition, on October 13, 2015, the Company terminated a CMBS transaction with a CDS counterparty and this termination agreement will generate a net fair value gain of approximately $34 million in the Company's fourth quarter 2015 financial statements.