Condensed Consolidated Statements of Operations (Unaudited) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Revenues
Net earned premiums	$ 89	$ 102	$ 385	$ 307
Net investment income	67	66	191	204
Asset management fees	16	20	71	65
Net realized investment gains (losses)	(14)	3	(39)	4
Fair value gains (losses) on credit derivatives	(48)	21	(42)	(31)
Fair value gains (losses) on committed capital securities	1	(3)	12	(28)
Fair value gains (losses) on financial guaranty variable interest entities	11	5	27	18
Fair value gains (losses) on consolidated investment vehicles	8	16	25	53
Foreign exchange gains (losses) on remeasurement	(80)	(27)	(181)	(22)
Fair value gains (losses) on trading securities	(8)	0	(30)	0
Other income (loss)	(1)	9	12	15
Total revenues	41	212	431	585
Expenses
Loss and loss adjustment expenses (benefit)	(75)	(68)	(29)	(54)
Interest expense	20	23	60	67
Loss on extinguishment of debt	0	175	0	175
Amortization of deferred acquisition costs	4	3	11	10
Employee compensation and benefit expenses	57	59	189	173
Other operating expenses	37	38	120	135
Total expenses	43	230	351	506
Income (loss) before income taxes and equity in earnings (losses) of investees	(2)	(18)	80	79
Equity in earnings (losses) of investees	(20)	23	(31)	66
Income (loss) before income taxes	(22)	5	49	145
Less: Provision (benefit) for income taxes	(27)	(15)	(6)	8
Net income (loss)	5	20	55	137
Less: Noncontrolling interests	(6)	3	25	11
Net income (loss) attributable to Assured Guaranty Ltd.	$ 11	$ 17	$ 30	$ 126
Earnings per share:
Basic (in dollars per share)	$ 0.18	$ 0.22	$ 0.47	$ 1.67
Diluted (in dollars per share)	$ 0.18	$ 0.22	$ 0.46	$ 1.66