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Variable Interest Entities - Effect of Consolidating FG VIE's on Financial Information (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Variable Interest Entity [Line Items]        
Net earned premiums $ 121 $ 112 $ 224 $ 230
Net investment income 78 110 158 208
Fair value gains (losses) on FG VIEs 1 33 (8) 38
Fair value gains (losses) on consolidated investment vehicles 31 0 19 0
Loss and LAE (37) 1 (57) (45)
Other operating expenses (42) (21) (87) (44)
Equity in net earnings of investees 0 1 (4) 3
Income (loss) before income taxes and equity in net earnings of investees 222 181 164 237
Less: Tax provision (benefit) 34 40 30 44
Net income (loss) 188 142 130 196
Less: Noncontrolling interests 5 0 2 0
Net income (loss) attributable to Assured Guaranty Ltd. 183 142 128 196
Net cash flows provided by (used in) operating activities     (445) (198)
Variable Interest Entity, Primary Beneficiary [Member]        
Variable Interest Entity [Line Items]        
Net earned premiums (1) (11) (2) (14)
Net investment income (2) (1) (3) (2)
Asset Management Fees (1) 0 (2) 0
Fair value gains (losses) on FG VIEs 1 33 (8) 38
Fair value gains (losses) on consolidated investment vehicles 31 0 19 0
Loss and LAE 2 (14) 8 (15)
Other operating expenses 1 0 1 0
Equity in net earnings of investees (26) 0 (16) 0
Income (loss) before income taxes and equity in net earnings of investees 5 7 (3) 7
Less: Tax provision (benefit) 0 1 (1) 1
Net income (loss) 5 6 (2) 6
Less: Noncontrolling interests 5 0 2 0
Net income (loss) attributable to Assured Guaranty Ltd. $ 0 $ 6 $ (4) $ 6