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Reinsurance and Other Monoline Exposures - Effect of Reinsurance on Statement of Operations (Details) - USD ($)
$ in Millions
3 Months Ended 12 Months Ended
Dec. 31, 2015
Sep. 30, 2015
Jun. 30, 2015
Mar. 31, 2015
Dec. 31, 2014
Sep. 30, 2014
Jun. 30, 2014
Mar. 31, 2014
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Premiums Written:                      
Direct                 $ 164 $ 116 $ 106
Assumed [1]                 17 (12) 17
Ceded [2]                 10 15 2
Net                 191 119 125
Premiums Earned:                      
Direct                 792 581 819
Assumed                 40 47 40
Ceded                 (66) (58) (107)
Net $ 192 $ 213 $ 219 $ 142 $ 158 $ 144 $ 136 $ 132 766 [3] 570 [3] 752 [3]
Loss and LAE:                      
Direct                 399 132 110
Assumed                 45 37 73
Ceded                 (20) (43) (29)
Net $ 106 $ 112 $ 188 $ 18 $ 72 $ (44) $ 57 $ 41 $ 424 $ 126 $ 154
[1] Negative assumed premiums written were due to changes in expected Debt Service schedules
[2] Positive ceded premiums written were due to commutations and changes in expected Debt Service schedules.
[3] Excludes $21 million, $32 million and $60 million for the year ended December 31, 2015, 2014 and 2013, respectively, related to consolidated FG VIEs.