Condensed Consolidated Statements of Operations (unaudited) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Revenues
Net earned premiums	$ 118	$ 145
Net investment income	98	100
Net realized investment gains (losses)	(12)	(5)
Net change in fair value of credit derivatives	(22)	34
Fair value gains (losses) on financial guaranty variable interest entities	5	4
Other income (loss)	8	15
Total revenues	195	293
Expenses
Loss and loss adjustment expenses	46	(18)
Amortization of deferred acquisition costs	6	5
Interest expense	23	24
Other operating expenses	64	65
Total expenses	139	76
Income (loss) before income taxes and equity in net earnings of investees	56	217
Equity in net earnings of investees	2	0
Income (loss) before income taxes	58	217
Provision (benefit) for income taxes	4	20
Net income (loss) attributable to Assured Guaranty Ltd.	$ 54	$ 197
Earnings per share:
Basic (in dollars per share)	$ 0.52	$ 1.71
Diluted (in dollars per share)	$ 0.52	$ 1.68