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Fair Value Measurement - Fair Value of Financial Instruments (Details) - USD ($)
$ in Millions
Sep. 30, 2015
Dec. 31, 2014
Assets:    
Fixed-maturity securities $ 11,162 $ 11,258
Short-term investments 522 767
Other invested assets 181 126
Credit derivative assets 71 68
Liabilities:    
Credit derivative liabilities 918 963
Carrying Amount [Member]    
Assets:    
Fixed-maturity securities 10,640 10,491
Short-term investments 522 767
Other invested assets 153 108
Credit derivative assets 71 68
FG VIEs’ assets, at fair value 1,541 1,398
Other assets 194 184
Liabilities:    
Financial guaranty insurance contracts [1] 4,019 3,823
Long-term debt 1,306 1,303
Credit derivative liabilities 918 963
FG VIEs’ liabilities with recourse, at fair value 1,315 1,277
FG VIEs’ liabilities without recourse, at fair value 167 142
Other liabilities 65 27
Estimated Fair Value [Member]    
Assets:    
Fixed-maturity securities 10,640 10,491
Short-term investments 522 767
Other invested assets 155 110
Credit derivative assets 71 68
FG VIEs’ assets, at fair value 1,541 1,398
Other assets 194 184
Liabilities:    
Financial guaranty insurance contracts [1] 8,807 6,205
Long-term debt 1,513 1,603
Credit derivative liabilities 918 963
FG VIEs’ liabilities with recourse, at fair value 1,315 1,277
FG VIEs’ liabilities without recourse, at fair value 167 142
Other liabilities $ 65 $ 27
[1] Carrying amount includes the assets and liabilities related to financial guaranty insurance contract premiums, losses, and salvage and subrogation and other recoverables net of reinsurance.