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Reinsurance and Other Monoline Exposures - Exposure by Reinsurer (Details)
$ in Millions
Jun. 30, 2016
USD ($)
Ceded Credit Risk [Line Items]  
Ceded Par Outstanding $ 13,024 [1]
Second-to- Pay Insured Par Outstanding 13,262 [1]
Assumed Par Outstanding 18,780 [1]
American Overseas Reinsurance Company Limited [Member]  
Ceded Credit Risk [Line Items]  
Ceded Par Outstanding 4,511 [1],[2]
Second-to- Pay Insured Par Outstanding 0 [1],[2]
Assumed Par Outstanding 30 [1],[2]
Tokio Marine & Nichido Fire Insurance Co., Ltd. (“Tokio”) [Member]  
Ceded Credit Risk [Line Items]  
Ceded Par Outstanding 3,887 [1],[2]
Second-to- Pay Insured Par Outstanding 0 [1],[2]
Assumed Par Outstanding 0 [1],[2]
Syncora Guarantee Inc. [Member]  
Ceded Credit Risk [Line Items]  
Ceded Par Outstanding 2,269 [1],[2]
Second-to- Pay Insured Par Outstanding 1,184 [1],[2]
Assumed Par Outstanding 662 [1],[2]
Mitsui Sumitomo Insurance Co. Ltd. [Member]  
Ceded Credit Risk [Line Items]  
Ceded Par Outstanding 1,513 [1],[2]
Second-to- Pay Insured Par Outstanding 0 [1],[2]
Assumed Par Outstanding 0 [1],[2]
Aca Financial Guaranty Corp [Member]  
Ceded Credit Risk [Line Items]  
Ceded Par Outstanding 657 [1]
Second-to- Pay Insured Par Outstanding 33 [1]
Assumed Par Outstanding 0 [1]
Ambac Assurance Corporation [Member]  
Ceded Credit Risk [Line Items]  
Ceded Par Outstanding 115 [1]
Second-to- Pay Insured Par Outstanding 3,541 [1]
Assumed Par Outstanding 8,862 [1]
National [Member]  
Ceded Credit Risk [Line Items]  
Ceded Par Outstanding 0 [1],[3]
Second-to- Pay Insured Par Outstanding 4,967 [1],[3]
Assumed Par Outstanding 4,960 [1],[3]
MBIA [Member]  
Ceded Credit Risk [Line Items]  
Ceded Par Outstanding 0 [1]
Second-to- Pay Insured Par Outstanding 1,357 [1]
Assumed Par Outstanding 414 [1]
FGIC [Member]  
Ceded Credit Risk [Line Items]  
Ceded Par Outstanding 0 [1]
Second-to- Pay Insured Par Outstanding 1,341 [1]
Assumed Par Outstanding 593 [1]
Ambac Assurance Corp. Segregated account [Member]  
Ceded Credit Risk [Line Items]  
Ceded Par Outstanding 0 [1]
Second-to- Pay Insured Par Outstanding 81 [1]
Assumed Par Outstanding 645 [1]
CIFG Assurance North America Inc. [Member]  
Ceded Credit Risk [Line Items]  
Ceded Par Outstanding 0 [1],[4]
Second-to- Pay Insured Par Outstanding 43 [1],[4]
Assumed Par Outstanding 2,488 [1],[4]
Other [Member]  
Ceded Credit Risk [Line Items]  
Ceded Par Outstanding 72 [1],[2]
Second-to- Pay Insured Par Outstanding 715 [1],[2]
Assumed Par Outstanding 126 [1],[2]
Non-affiliated Reinsurers [Member]  
Ceded Credit Risk [Line Items]  
Funds held under reinsurance agreements $ 438
[1] Includes par related to insured credit derivatives.
[2] The total collateral posted by all non-affiliated reinsurers required or agreeing to post collateral as of June 30, 2016 was approximately $438 million.
[3] Rated AA+ by KBRA.
[4] On July 1, 2016, AGC acquired all of the issued and outstanding capital stock of CIFG Holding Inc., the parent of financial guaranty insurer CIFG. On July 5, 2016, CIFG merged with and into AGC, with AGC as the surviving company. See Note 2, Acquisitions, for additional information.