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Financial Guaranty Insurance Losses - BIG Transaction Loss Summary (Details)
$ in Millions
9 Months Ended 12 Months Ended
Sep. 30, 2015
USD ($)
risk
Dec. 31, 2014
USD ($)
risk
Discount    
Total $ (406)  
Reserves (salvage)    
Total $ 782 $ 567
BIG [Member]    
Number of risks    
Total (in contracts) | risk [1] 451 358
Remaining weighted average contract period    
Total (in years) 10 years 2 months 10 years 3 months 18 days
Principal    
Total $ 15,582 $ 15,222
Interest    
Total 8,043 7,651
Total net outstanding exposure    
Total [2] 23,625 22,873
Expected cash outflows (inflows)    
Total 3,311 3,118
Potential recoveries    
Total, Undiscounted R&W (88) (239)
Total, Other [3] (1,672) (1,477)
Total (1,760) (1,716)
Subtotal    
Total 1,551 1,402
Discount    
Total (406) (413)
Present value of expected cash flows    
Net expected loss to be paid 1,145 989
Deferred premium revenue    
Total 807 584
Reserves (salvage)    
Total $ 764 $ 571
BIG [Member] | Consolidated Entity Excluding Consolidation of Variable Interest Entities (VIE) [Member]    
Number of risks    
Total (in contracts) | risk [1],[4],[5] 451 358
Remaining weighted average contract period    
Total (in years) 10 years 2 months 10 years 3 months 18 days
Principal    
Total [5] $ 15,582 $ 15,222
Interest    
Total 8,043 7,651
Total net outstanding exposure    
Total [2] 23,625 22,873
Expected cash outflows (inflows)    
Total 3,644 3,463
Potential recoveries    
Total, Undiscounted R&W (96) (247)
Total, Other [3] (1,845) (1,654)
Total (1,941) (1,901)
Subtotal    
Total 1,703 1,562
Discount    
Total (441) (447)
Present value of expected cash flows    
Net expected loss to be paid 1,262 1,115
Deferred premium revenue    
Total 910 700
Reserves (salvage)    
Total $ 836 $ 650
BIG [Member] | Consolidated Entity Excluding Consolidation of Variable Interest Entities (VIE) [Member] | BIG 1 [Member]    
Number of risks    
Ceded (in contracts) | risk [1] (50) (59)
Total (in contracts) | risk [1],[4],[5] 239 164
Remaining weighted average contract period    
Gross (in years) 9 years 10 months 24 days 9 years 10 months 24 days
Ceded (in years) 6 years 9 months 7 years 4 months 24 days
Principal    
Gross $ 11,001 $ 12,358
Ceded (1,449) (2,163)
Total [5] 9,552 10,195
Interest    
Gross 5,676 6,350
Ceded (509) (838)
Total net outstanding exposure    
Gross [2] 16,677 18,708
Ceded [2] (1,958) (3,001)
Expected cash outflows (inflows)    
Gross 1,809 1,762
Ceded (566) (626)
Total 167 39
Potential recoveries    
Gross, Undiscounted R&W 42 (39)
Ceded, Undiscounted R&W (1) 0
Gross, Other [3] (1,663) (1,687)
Ceded, Other [3] 514 608
Ceded 513 608
Gross (1,621) (1,726)
Subtotal    
Gross 188 36
Ceded (53) (18)
Discount    
Gross (21) 3
Ceded 8 0
Present value of expected cash flows    
Ceded (45) (18)
Deferred premium revenue    
Gross 510 378
Ceded (47) (70)
Reserves (salvage)    
Gross 30 (42)
Ceded $ (36) $ (5)
BIG [Member] | Consolidated Entity Excluding Consolidation of Variable Interest Entities (VIE) [Member] | BIG 2 [Member]    
Number of risks    
Ceded (in contracts) | risk [1] (13) (15)
Total (in contracts) | risk [1],[4],[5] 87 75
Remaining weighted average contract period    
Gross (in years) 11 years 10 years 1 month 6 days
Ceded (in years) 9 years 2 months 8 years 10 months 24 days
Principal    
Gross $ 3,673 $ 2,421
Ceded (263) (286)
Total [5] 3,410 2,135
Interest    
Gross 2,102 1,274
Ceded (118) (121)
Total net outstanding exposure    
Gross [2] 5,775 3,695
Ceded [2] (381) (407)
Expected cash outflows (inflows)    
Gross 1,110 763
Ceded (67) (77)
Total 609 392
Potential recoveries    
Gross, Undiscounted R&W (49) (48)
Ceded, Undiscounted R&W 1 2
Gross, Other [3] (258) (206)
Ceded, Other [3] 11 5
Ceded 12 7
Gross (307) (254)
Subtotal    
Gross 803 509
Ceded (55) (70)
Discount    
Gross (194) (117)
Ceded 10 11
Present value of expected cash flows    
Ceded (45) (59)
Deferred premium revenue    
Gross 144 119
Ceded (4) (6)
Reserves (salvage)    
Gross 502 278
Ceded $ (42) $ (53)
BIG [Member] | Consolidated Entity Excluding Consolidation of Variable Interest Entities (VIE) [Member] | BIG 3 [Member]    
Number of risks    
Ceded (in contracts) | risk [1] (41) (38)
Total (in contracts) | risk [1],[4],[5] 125 119
Remaining weighted average contract period    
Gross (in years) 8 years 9 years 7 months 6 days
Ceded (in years) 6 years 2 months 6 years 10 months 24 days
Principal    
Gross $ 2,780 $ 3,067
Ceded (160) (175)
Total [5] 2,620 2,892
Interest    
Gross 926 1,034
Ceded (34) (48)
Total net outstanding exposure    
Gross [2] 3,706 4,101
Ceded [2] (194) (223)
Expected cash outflows (inflows)    
Gross 1,402 1,716
Ceded (44) (75)
Total 683 788
Potential recoveries    
Gross, Undiscounted R&W (94) (171)
Ceded, Undiscounted R&W 5 9
Gross, Other [3] (467) (404)
Ceded, Other [3] 18 30
Ceded 23 39
Gross (561) (575)
Subtotal    
Gross 841 1,141
Ceded (21) (36)
Discount    
Gross (158) (353)
Ceded (86) 9
Present value of expected cash flows    
Ceded (107) (27)
Deferred premium revenue    
Gross 333 312
Ceded (26) (33)
Reserves (salvage)    
Gross 389 482
Ceded (7) (10)
BIG [Member] | Variable Interest Entity, Primary Beneficiary [Member]    
Expected cash outflows (inflows)    
Total (333) (345)
Potential recoveries    
Total, Undiscounted R&W 8 8
Total, Other [3] 173 177
Total 181 185
Subtotal    
Total (152) (160)
Discount    
Total 35 34
Present value of expected cash flows    
Net expected loss to be paid (117) (126)
Deferred premium revenue    
Total (103) (116)
Reserves (salvage)    
Total $ (72) $ (79)
[1] A risk represents the aggregate of the financial guaranty policies that share the same revenue source for purposes of making Debt Service payments. The ceded number of risks represents the number of risks for which the Company ceded a portion of its exposure
[2] Includes BIG amounts related to FG VIEs.
[3] Includes excess spread and draws on HELOCs.
[4] A risk represents the aggregate of the financial guaranty policies that share the same revenue source for purposes of making Debt Service payments.
[5] Includes net par outstanding for VIEs.