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Reinsurance and Other Monoline Exposures - Exposure by Reinsurer (Details) - USD ($)
$ in Millions
Dec. 31, 2015
Dec. 31, 2014
Ceded Credit Risk [Line Items]    
Ceded Par Outstanding $ 14,621 [1] $ 22,975
Second-to- Pay Insured Par Outstanding [1],[2] 14,608  
Assumed Par Outstanding [1] 21,339  
American Overseas Reinsurance Company Limited (f/k/a Ram Re) [Member]    
Ceded Credit Risk [Line Items]    
Ceded Par Outstanding [1],[3] 5,227  
Second-to- Pay Insured Par Outstanding [1],[3] 0  
Assumed Par Outstanding [1],[3] 30  
Tokio Marine & Nichido Fire Insurance Co., Ltd. (“Tokio”) [Member]    
Ceded Credit Risk [Line Items]    
Ceded Par Outstanding [1],[3],[4] 4,216  
Second-to- Pay Insured Par Outstanding [1],[3],[4] 0  
Assumed Par Outstanding [1],[3],[4] 0  
Syncora Guarantee Inc. [Member]    
Ceded Credit Risk [Line Items]    
Ceded Par Outstanding [1],[3] 2,451  
Second-to- Pay Insured Par Outstanding [1],[2],[3] 1,244  
Assumed Par Outstanding [1],[3] 727  
Mitsui Sumitomo Insurance Co. Ltd. [Member]    
Ceded Credit Risk [Line Items]    
Ceded Par Outstanding [1],[3],[4] 1,818  
Second-to- Pay Insured Par Outstanding [1],[3],[4] 0  
Assumed Par Outstanding [1],[3],[4] 0  
Aca Financial Guaranty Corp [Member]    
Ceded Credit Risk [Line Items]    
Ceded Par Outstanding [1] 714  
Second-to- Pay Insured Par Outstanding [1],[2] 20  
Assumed Par Outstanding [1] 0  
Ambac [Member]    
Ceded Credit Risk [Line Items]    
Ceded Par Outstanding [1] 117  
Second-to- Pay Insured Par Outstanding [1],[2] 3,889  
Assumed Par Outstanding [1] 10,388  
National Public Finance Guarantee Corporation [Member]    
Ceded Credit Risk [Line Items]    
Ceded Par Outstanding [1],[5] 0  
Second-to- Pay Insured Par Outstanding [1],[2],[5] 5,299  
Assumed Par Outstanding [1],[5] 5,100  
MBIA Inc. [Member]    
Ceded Credit Risk [Line Items]    
Ceded Par Outstanding [1],[6] 0  
Second-to- Pay Insured Par Outstanding [1],[2],[6] 1,802  
Assumed Par Outstanding [1],[6] 440  
FGIC [Member]    
Ceded Credit Risk [Line Items]    
Ceded Par Outstanding [1],[7] 0  
Second-to- Pay Insured Par Outstanding [1],[2],[7] 1,424  
Assumed Par Outstanding [1],[7] 652  
Ambac Assurance Corp. Segregated account [Member]    
Ceded Credit Risk [Line Items]    
Ceded Par Outstanding [1] 0  
Second-to- Pay Insured Par Outstanding [1],[2] 91  
Assumed Par Outstanding [1] 873  
CIFG Assurance North America Inc. [Member]    
Ceded Credit Risk [Line Items]    
Ceded Par Outstanding [1] 0  
Second-to- Pay Insured Par Outstanding [1],[2] 43  
Assumed Par Outstanding [1] 2,996  
Other [Member]    
Ceded Credit Risk [Line Items]    
Ceded Par Outstanding [1],[8] 78  
Second-to- Pay Insured Par Outstanding [1],[2],[8] 796  
Assumed Par Outstanding [1],[8] $ 133  
[1] Includes par related to insured credit derivatives
[2] Assured Guaranty’s internal rating.
[3] Positive ceded premiums written were due to commutations and changes in expected Debt Service schedules.
[4] The Company benefits from trust arrangements that satisfy the triple-A credit requirement of S&P and/or Moody’s.
[5] National is rated AA+ by KBRA.
[6] MBIA includes subsidiaries MBIA Insurance Corp. rated B by S&P and B3 by Moody's and MBIA U.K. Insurance Ltd. rated BB by S&P and Ba2 by Moody’s.
[7] FGIC includes subsidiaries Financial Guaranty Insurance Company and FGIC UK Limited both of which had their ratings withdrawn by rating agencies.
[8] The total collateral posted by all non-affiliated reinsurers required or agreeing to post collateral as of December 31, 2015, is approximately $470 million.