Consolidated Balance Sheets - USD ($) $ in Millions	Sep. 30, 2015		Dec. 31, 2014
Investment portfolio:
Fixed-maturity securities, available-for-sale, at fair value (amortized cost of $10,242 and $9,972)	$ 10,640		$ 10,491
Short-term investments, at fair value	522		767
Other invested assets	181		126
Total investment portfolio	11,343		11,384
Cash	66		75
Premiums receivable, net of commissions payable	676		729
Ceded unearned premium reserve	263		381
Deferred acquisition costs	118		121
Reinsurance recoverable on unpaid losses	89		78
Salvage and subrogation recoverable	135		151
Credit derivative assets	71		68
Deferred tax asset, net	426		260
Financial guaranty variable interest entities’ assets, at fair value	1,547	[1]	1,402
Other assets	300		276
Total assets	15,034		14,925
Liabilities and shareholders’ equity
Unearned premium reserve	4,112		4,261
Loss and loss adjustment expense reserve	1,007		799
Reinsurance balances payable, net	61		107
Long-term debt	1,306		1,303
Credit derivative liabilities	918		963
Current income tax payable	0		5
Financial guaranty variable interest entities’ liabilities with recourse, at fair value	1,315	[1]	1,277
Financial guaranty variable interest entities’ liabilities without recourse, at fair value	167	[1]	142
Other liabilities	329		310
Total liabilities	$ 9,215		$ 9,167
Commitments and contingencies (See Note 15)
Common stock ($0.01 par value, 500,000,000 shares authorized; 142,919,399 and 158,306,661 shares issued and outstanding)	$ 1		$ 2
Additional paid-in capital	1,474		1,887
Retained earnings	4,066		3,494
Accumulated other comprehensive income, net of tax of $113 and $159	273		370
Deferred equity compensation (320,193 and 320,193 shares)	5		5
Total shareholders’ equity	5,819		5,758
Total liabilities and shareholders’ equity	$ 15,034		$ 14,925

[1] The September 30, 2015 amounts include $115 million of FG VIE assets and $111 million of FG VIE liabilities acquired from Radian Asset.