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Expected Loss to be Paid (Recovered) - Net Expected Loss to be Paid (Recovered) Roll Forward by Sector (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Present Value of Net Expected Loss and Loss Adjustment Expenses to be Paid [Roll Forward]      
Net expected loss to be paid (recovered), beginning of period $ 529 $ 737 $ 1,183
Economic Loss Development (Benefit) (287) 145 (1)
Net (paid) recovered losses 169 (353) (445)
Net expected loss to be paid (recovered), end of period $ 411 529 737
Period after the end of the reporting period within which the ceded paid losses are typically settled (in days) 45 days    
Loss and LAE reserve paid $ 36 25 35
Expected LAE to be paid 26 23  
Ceded expected loss to be recovered 10 23  
Public finance      
Present Value of Net Expected Loss and Loss Adjustment Expenses to be Paid [Roll Forward]      
Net expected loss to be paid (recovered), beginning of period 341 554 864
Economic Loss Development (Benefit) (204) 203 215
Net (paid) recovered losses 72 (416) (525)
Net expected loss to be paid (recovered), end of period 209 341 554
Other structured finance      
Present Value of Net Expected Loss and Loss Adjustment Expenses to be Paid [Roll Forward]      
Net expected loss to be paid (recovered), beginning of period 40 37 26
Economic Loss Development (Benefit) 17 13 18
Net (paid) recovered losses (5) (10) (7)
Net expected loss to be paid (recovered), end of period 52 40 37
Structured finance      
Present Value of Net Expected Loss and Loss Adjustment Expenses to be Paid [Roll Forward]      
Net expected loss to be paid (recovered), beginning of period 188 183 319
Economic Loss Development (Benefit) (83) (58) (216)
Net (paid) recovered losses 97 63 80
Net expected loss to be paid (recovered), end of period 202 188 183
U.S. | Public finance      
Present Value of Net Expected Loss and Loss Adjustment Expenses to be Paid [Roll Forward]      
Net expected loss to be paid (recovered), beginning of period 305 531 832
Economic Loss Development (Benefit) (182) 190 224
Net (paid) recovered losses 74 (416) (525)
Net expected loss to be paid (recovered), end of period 197 305 531
U.S. | RMBS      
Present Value of Net Expected Loss and Loss Adjustment Expenses to be Paid [Roll Forward]      
Net expected loss to be paid (recovered), beginning of period 148 146 293
Economic Loss Development (Benefit) (100) (71) (234)
Net (paid) recovered losses 102 73 87
Net expected loss to be paid (recovered), end of period 150 148 146
Non U.S. | Public finance      
Present Value of Net Expected Loss and Loss Adjustment Expenses to be Paid [Roll Forward]      
Net expected loss to be paid (recovered), beginning of period 36 23 32
Economic Loss Development (Benefit) (22) 13 (9)
Net (paid) recovered losses (2) 0 0
Net expected loss to be paid (recovered), end of period $ 12 $ 36 $ 23