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Variable Interest Entities - Effect of Consolidating Investment Vehicles on Consolidated Statement of Operations (Details) (Details) - USD ($)
$ in Millions
Jun. 30, 2020
Mar. 31, 2020
Dec. 31, 2019
Jun. 30, 2019
Mar. 31, 2019
Dec. 31, 2018
Variable Interest Entity [Line Items]            
Total investment portfolio $ 9,573   $ 10,240      
Premiums receivable, net of commissions payable 1,294   1,286      
Salvage and subrogation recoverable 795   747      
Financial guaranty variable interest entities’ assets, at fair value 318   442      
Assets of consolidated investment vehicles 1,669   572      
Other assets (includes $160 and $135 measured at fair value) 513   543      
Assets 14,780   14,326      
Unearned premium reserve 3,742   3,736      
Loss and loss adjustment expense reserve 1,076   1,050      
Deferred tax liabilities 45   17      
Financial guaranty variable interest entities’ liabilities with recourse, at fair value 332   367      
FG VIEs’ liabilities without recourse, at fair value 20   102      
Liabilities of consolidated investment vehicles 1,236   482      
Other liabilities 480   511      
Liabilities 8,271   7,674      
Redeemable noncontrolling interests in consolidated investment vehicles 20   7      
Retained earnings 6,109   6,295      
Accumulated other comprehensive income 333   342      
Total shareholders’ equity attributable to Assured Guaranty Ltd. 6,444   6,639      
Nonredeemable noncontrolling interests 45   6      
Total shareholders’ equity 6,489 $ 6,265 6,645 $ 6,722 $ 6,669 $ 6,555
Total liabilities, redeemable noncontrolling interests and shareholders’ equity 14,780   14,326      
Variable Interest Entity, Primary Beneficiary [Member]            
Variable Interest Entity [Line Items]            
Assets 318   442      
Liabilities 352   469      
Variable Interest Entity, Primary Beneficiary [Member] | Consolidated Investment Vehicles [Member]            
Variable Interest Entity [Line Items]            
Fixed maturity securities and short-term investments (35)   (39)      
Equity method investments (367)   (77)      
Total investment portfolio (402)   (116)      
Premiums receivable, net of commissions payable (6)   (7)      
Salvage and subrogation recoverable (9)   (8)      
Financial guaranty variable interest entities’ assets, at fair value 318   442      
Assets of consolidated investment vehicles 1,669   572      
Other assets (includes $160 and $135 measured at fair value) (1)   0      
Assets 1,569   883      
Unearned premium reserve (41)   (39)      
Loss and loss adjustment expense reserve (46)   (41)      
Financial guaranty variable interest entities’ liabilities with recourse, at fair value 332   367      
FG VIEs’ liabilities without recourse, at fair value 20   102      
Liabilities of consolidated investment vehicles 1,236   482      
Other liabilities 1   0      
Liabilities 1,502   871      
Redeemable noncontrolling interests in consolidated investment vehicles 20   7      
Retained earnings 30   34      
Accumulated other comprehensive income (28)   (35)      
Total shareholders’ equity attributable to Assured Guaranty Ltd. 2   (1)      
Nonredeemable noncontrolling interests 45   6      
Total shareholders’ equity 47   5      
Total liabilities, redeemable noncontrolling interests and shareholders’ equity $ 1,569   $ 883