XML 107 R85.htm IDEA: XBRL DOCUMENT v3.6.0.2
Contracts Accounted for as Insurance - Reconciliation of Net Expected Loss to be Paid and Expensed (Details) - USD ($)
$ in Millions
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Guarantor Obligations [Line Items]      
Net expected loss to be paid (recovered) after recoveries for R&W $ (1,198) [1] $ (1,391) [1] $ (1,169)
Contra-paid, net [2],[3] 37 6  
Loss and LAE reserve - financial guaranty insurance contracts, net of reinsurance [4] (1,047) (998)  
Other recoverable (payable) (1) 3  
Net expected loss to be expensed (present value) 421    
Variable Interest Entity, Primary Beneficiary [Member]      
Guarantor Obligations [Line Items]      
Net expected loss to be expensed (present value) 64    
Financial Guarantee Insurance And Other Product Line [Member]      
Guarantor Obligations [Line Items]      
Net expected loss to be paid (recovered) after recoveries for R&W [5] 1,083    
Contra-paid, net 37    
Salvage and subrogation recoverable, net of reinsurance 348    
Loss and LAE reserve - financial guaranty insurance contracts, net of reinsurance (1,046)    
Other recoverable (payable) (1)    
Net expected loss to be expensed (present value) [6] 421    
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 $ 64 $ 74  
[1] Includes expected LAE to be paid of $12 million as of December 31, 2016 and $12 million as of December 31, 2015.
[2] Excludes $90 million and $110 million of deferred premium revenue and $25 million and $30 million of contra-paid related to FG VIEs as of December 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 $64 million as of December 31, 2016 related to consolidated FG VIEs.