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Variable Interest Entities - Effect of Consolidating Investment Vehicles on Financial Information (Details) - USD ($)
$ in Millions
3 Months Ended 12 Months Ended
Dec. 31, 2019
Sep. 30, 2019
Jun. 30, 2019
Mar. 31, 2019
Dec. 31, 2018
Sep. 30, 2018
Jun. 30, 2018
Mar. 31, 2018
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Balance Sheet Related Disclosures [Abstract]                        
Investments $ 10,240       $ 10,873       $ 10,240 $ 10,873    
Premiums receivable, net of commissions payable 1,286       904       1,286 904    
Salvage and subrogation recoverable 747       490       747 490    
Financial guaranty variable interest entities’ assets, at fair value 442       569       442 569    
Assets of consolidated investment vehicles (includes $558 measured at fair value) 572       0       572 0    
Assets 14,326       13,603       14,326 13,603    
Unearned premium reserve 3,736       3,512       3,736 3,512    
Loss and loss adjustment expense reserve 1,050       1,177       1,050 1,177    
Financial guaranty variable interest entities’ liabilities with recourse, at fair value 367       517       367 517    
Financial guaranty variable interest entities’ liabilities without recourse, at fair value 102       102       102 102    
Liabilities of consolidated investment vehicles (includes $481 measured at fair value) 482       0       482 0    
Liabilities 7,674       7,048       7,674 7,048    
Redeemable noncontrolling interests in consolidated investment vehicles 7       0       7 0    
Retained earnings 6,295       6,374       6,295 6,374    
Accumulated other comprehensive income, net of tax of $71 and $38 342       93       342 93    
Total shareholders' equity attributable to AGL 6,639       6,555       6,639 6,555    
Nonredeemable noncontrolling interests 6       0       6 0    
Total shareholders’ equity 6,645       6,555       6,645 6,555 $ 6,839 $ 6,504
Liabilities and Equity 14,326       13,603       14,326 13,603    
Income Statement Related Disclosures [Abstract]                        
Net earned premiums 123 $ 123 $ 112 $ 118 125 $ 142 $ 136 $ 145 476 548 690  
Net investment income 82 88 110 98 98 99 98 100 378 395 417  
Fair value gains (losses) on financial guaranty variable interest entities                 42 14 30  
Other income (loss) (8) (9) 24 (3) 11 22 (8) (8) 4 17 5  
Loss and LAE 18 30 (1) 46 21 17 44 (18) 93 64 388  
Equity in net earnings of investees 1 0 1 2 1 (1) 1 0 4 1 0  
Income (loss) before income taxes and equity in net earnings of investees 137 86 181 56 100 176 86 217 460 579 991  
Provision (benefit) for income taxes 2 17 40 4 13 14 12 20 63 59 261  
Net income (loss) 136 69 142 54 88 161 75 197 401 521 730  
Less: noncontrolling interests (1) 0 0 0 0 0 0 0 (1) 0 0  
Net income (loss) attributable to Assured Guaranty Ltd. 137 $ 69 $ 142 $ 54 88 $ 161 $ 75 $ 197 402 521 730  
Effect on OCI                 4 2 0  
Supplemental cash flow information                        
Effect on cash flows from operating activities                 (509) 462 433  
Effect on cash flows from investing activities                 1,169 297 345  
Effect on cash flows from financing activities                 (584) (795) (766)  
Increase (decrease) in cash and restricted cash                 79 (40) 17  
Variable Interest Entity, Primary Beneficiary [Member]                        
Balance Sheet Related Disclosures [Abstract]                        
Fixed-maturity securities, available-for-sale, at fair value (amortized cost of $8,371 and $9,884) (39)       (38)       (39) (38)    
Equity Method Investments (77)       0       (77) 0    
Investments (116)       (38)       (116) (38)    
Premiums receivable, net of commissions payable (7)       (9)       (7) (9)    
Salvage and subrogation recoverable (8)       (1)       (8) (1)    
Financial guaranty variable interest entities’ assets, at fair value 442       569       442 569    
Assets of consolidated investment vehicles (includes $558 measured at fair value) 572       0       572 0    
Assets 883       521       883 521    
Unearned premium reserve (39)       (51)       (39) (51)    
Loss and loss adjustment expense reserve (41)       (48)       (41) (48)    
Financial guaranty variable interest entities’ liabilities with recourse, at fair value 367       517       367 517    
Financial guaranty variable interest entities’ liabilities without recourse, at fair value 102       102       102 102    
Liabilities of consolidated investment vehicles (includes $481 measured at fair value) 482       0       482 0    
Liabilities 871       520       871 520    
Redeemable noncontrolling interests in consolidated investment vehicles 7       0       7 0    
Retained earnings 34       34       34 34    
Accumulated other comprehensive income, net of tax of $71 and $38 (35)       (33)       (35) (33)    
Total shareholders' equity attributable to AGL (1)       1       (1) 1    
Nonredeemable noncontrolling interests 6       0       6 0    
Total shareholders’ equity 5       1       5 1    
Liabilities and Equity $ 883       $ 521       883 521    
Income Statement Related Disclosures [Abstract]                        
Net earned premiums                 (18) (12) (15)  
Net investment income                 (4) (4) (5)  
Fair value gains (losses) on financial guaranty variable interest entities                 42 14 30  
Other income (loss)                 (3) 0 0  
Loss and LAE                 20 3 (7)  
Equity in net earnings of investees                 2 0 0  
Income (loss) before income taxes and equity in net earnings of investees                 (1) (5) 17  
Provision (benefit) for income taxes                 0 (1) 6  
Net income (loss)                 (1) (4) 11  
Less: noncontrolling interests                 (1) 0 0  
Net income (loss) attributable to Assured Guaranty Ltd.                 0 (4) 11  
Supplemental cash flow information                        
Effect on cash flows from operating activities                 (254) 11 19  
Effect on cash flows from investing activities                 259 105 138  
Effect on cash flows from financing activities                 9 (116) (157)  
Increase (decrease) in cash and restricted cash                 $ 14 $ 0 $ 0