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- Fair Value Level 3 Rollforward Recurring Basis (Details) - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Short-term Investments [Member]    
Fair Value Level 3 Rollforward    
Fair value at beginning of period $ 0  
Radian Asset Acquisition 0  
Total pretax realized and unrealized gains/(losses) recorded in:    
Net income (loss) [1],[2] 24  
Other comprehensive income (loss) [2] 0  
Purchases [3] 52  
Settlements (16)  
FG VIE consolidations 0  
FG VIE deconsolidations 0  
Fair value at end of period 60 $ 0
Change in unrealized gains/(losses) related to financial instruments held 0  
FG VIEs' assets, at fair value [Member]    
Fair Value Level 3 Rollforward    
Fair value at beginning of period 1,398 2,565
Radian Asset Acquisition 122  
Total pretax realized and unrealized gains/(losses) recorded in:    
Net income (loss) [2],[4] 59 164
Other comprehensive income (loss) [2] 0 0
Purchases 0 0
Settlements (400) (408)
FG VIE consolidations 104 206
FG VIE deconsolidations (22) (1,129)
Fair value at end of period 1,261 1,398
Change in unrealized gains/(losses) related to financial instruments held 110 141
Other Assets and Other Invested Assets [Member]    
Fair Value Level 3 Rollforward    
Fair value at beginning of period [5] 37 48
Radian Asset Acquisition [5] 2  
Total pretax realized and unrealized gains/(losses) recorded in:    
Net income (loss) [2],[5],[6] 26 (11)
Other comprehensive income (loss) [2],[5] 0 0
Purchases [5] 0 0
Settlements [5] 0 0
FG VIE consolidations [5] 0 0
FG VIE deconsolidations [5] 0 0
Fair value at end of period [5] 65 37
Change in unrealized gains/(losses) related to financial instruments held [5] 26 (11)
Obligations of state and political subdivisions [Member] | Fixed Maturities [Member]    
Fair Value Level 3 Rollforward    
Fair value at beginning of period 38 36
Radian Asset Acquisition 0  
Total pretax realized and unrealized gains/(losses) recorded in:    
Net income (loss) [1],[2] 3 4
Other comprehensive income (loss) [2] (2) (1)
Purchases 0 0
Settlements (31) [3] (1)
FG VIE consolidations 0 0
FG VIE deconsolidations 0 0
Fair value at end of period 8 38
Change in unrealized gains/(losses) related to financial instruments held 0 (1)
Corporate securities [Member] | Fixed Maturities [Member]    
Fair Value Level 3 Rollforward    
Fair value at beginning of period 79 136
Radian Asset Acquisition 0  
Total pretax realized and unrealized gains/(losses) recorded in:    
Net income (loss) [1],[2] 3 (46)
Other comprehensive income (loss) [2] (11) (6)
Purchases 0 0
Settlements 0 (5)
FG VIE consolidations 0 0
FG VIE deconsolidations 0 0
Fair value at end of period 71 79
Change in unrealized gains/(losses) related to financial instruments held (11) (6)
Residential Mortgage-Backed Securities (RMBS) [Member] | Fixed Maturities [Member]    
Fair Value Level 3 Rollforward    
Fair value at beginning of period 425 290
Radian Asset Acquisition 4  
Total pretax realized and unrealized gains/(losses) recorded in:    
Net income (loss) [1],[2] 18 21
Other comprehensive income (loss) [2] (12) 24
Purchases 48 263
Settlements (134) (59)
FG VIE consolidations (1) (127)
FG VIE deconsolidations 0 13
Fair value at end of period 348 425
Change in unrealized gains/(losses) related to financial instruments held (9) 21
Asset-backed Securities [Member] | Fixed Maturities [Member]    
Fair Value Level 3 Rollforward    
Fair value at beginning of period 228 268
Radian Asset Acquisition 0  
Total pretax realized and unrealized gains/(losses) recorded in:    
Net income (loss) [1],[2] 1 17
Other comprehensive income (loss) [2] (9) 5
Purchases 471 0
Settlements (34) (62)
FG VIE consolidations 0 0
FG VIE deconsolidations 0 0
Fair value at end of period 657 228
Change in unrealized gains/(losses) related to financial instruments held (9) 4
FG VIEs' liabilities with recourse, at fair value [Member]    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Fair value at beginning of period (1,277) (1,790)
Radian Asset Acquisition (114)  
Total pretax realized and unrealized gains/(losses) recorded in:    
Net income (loss) [2],[4] 111 94
Other comprehensive income (loss) [2] 0 0
Purchases 0 0
Settlements 186 374
FG VIE consolidations (131) (189)
FG VIE deconsolidations 0 234
Fair value at end of period (1,225) (1,277)
Change in unrealized gains/(losses) related to financial instruments held 4 (22)
FG VIEs' liabilities without recourse, at fair value [Member]    
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]    
Fair value at beginning of period (142) (1,081)
Radian Asset Acquisition (4)  
Total pretax realized and unrealized gains/(losses) recorded in:    
Net income (loss) [2],[4] (28) (43)
Other comprehensive income (loss) [2] 0 0
Purchases 0 0
Settlements 28 22
FG VIE consolidations 0 (42)
FG VIE deconsolidations 22 1,002
Fair value at end of period (124) (142)
Change in unrealized gains/(losses) related to financial instruments held (22) 3
Credit Risk Contract [Member]    
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]    
Fair value at beginning of period [7] (895) (1,693)
Radian Asset Acquisition [7] (215)  
Total pretax realized and unrealized gains/(losses) recorded in:    
Net income (loss) [2],[7],[8] 728 823
Other comprehensive income (loss) [2],[7] 0 0
Purchases [7] 0 0
Settlements [7] 17 (25)
FG VIE consolidations [7] 0 0
FG VIE deconsolidations [7] 0 0
Fair value at end of period [7] (365) (895)
Change in unrealized gains/(losses) related to financial instruments held [7] $ 281 $ 254
[1] Included in net realized investment gains (losses) and net investment income.
[2] Realized and unrealized gains (losses) from changes in values of Level 3 financial instruments represent gains (losses) from changes in values of those financial instruments only for the periods in which the instruments were classified as Level 3.
[3] Primarily non-cash transaction.
[4] Included in fair value gains (losses) on FG VIEs.
[5] Includes CCS and other invested assets.
[6] Recorded in fair value gains (losses) on CCS, net realized investment gains (losses) and net investment income.
[7] Represents net position of credit derivatives. The consolidated balance sheet presents gross assets and liabilities based on net counterparty exposure.
[8] Reported in net change in fair value of credit derivatives.