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Financial Guaranty Insurance - Reconciliation of Net Expected Loss to be Paid and Expensed (Details) - USD ($)
$ in Millions
Mar. 31, 2016
Dec. 31, 2015
Mar. 31, 2015
Dec. 31, 2014
Guarantor Obligations [Line Items]        
Net expected loss to be paid after recoveries for R&W $ 1,337 [1] $ 1,391 [1] $ 1,154 $ 1,169
Contra-paid, net [2],[3] 14 6    
Loss and LAE reserve - financial guaranty insurance contracts, net of reinsurance [4] (1,040) (998)    
Other recoveries 3 3    
Net expected loss to be expensed (present value) 389      
Variable Interest Entity, Primary Beneficiary [Member]        
Guarantor Obligations [Line Items]        
Net expected loss to be expensed (present value) 74      
Financial Guarantee Insurance And Other Product Line [Member]        
Guarantor Obligations [Line Items]        
Net expected loss to be paid after recoveries for R&W [5] 1,210      
Contra-paid, net 14      
Salvage and subrogation recoverable, net of reinsurance 201      
Loss and LAE reserve - financial guaranty insurance contracts, net of reinsurance (1,038)      
Other recoveries 2      
Net expected loss to be expensed (present value) [6] 389      
Financial Guarantee Insurance And Other Product Line [Member] | Variable Interest Entity, Primary Beneficiary [Member]        
Guarantor Obligations [Line Items]        
Loss and LAE reserve - financial guaranty insurance contracts, net of reinsurance 71 74    
Financial Guarantee Insurance And Other Product Line [Member] | Consolidated Entity Excluding Variable Interest Entities (VIE) [Member]        
Guarantor Obligations [Line Items]        
Loss and LAE reserve - financial guaranty insurance contracts, net of reinsurance $ (1,111) $ (1,072)    
[1] Includes expected LAE to be paid of $9 million as of March 31, 2016 and $12 million as of December 31, 2015.
[2] Excludes $105 million and $110 million of deferred premium revenue, and $29 million and $30 million of contra-paid related to FG VIEs as of March 31, 2016 and December 31, 2015, respectively.
[3] See "Financial Guaranty Insurance Losses– Insurance Contracts' Loss Information" below for an explanation of "contra-paid".
[4] See “Components of Net Reserves (Salvage)” table for loss and LAE reserve and salvage and subrogation recoverable components.
[5] See "Net Expected Loss to be Paid (Recovered) by Accounting Model" table in Note 5, Expected Loss to be Paid.
[6] Excludes $74 million as of March 31, 2016, related to consolidated FG VIEs.