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Expected Loss to be Paid (Recovered) - Net Expected Loss to be Paid After Net Expected Recoveries for Breaches of R&W Rollforward (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Dec. 31, 2022
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 $ 517 $ 432 $ 522 $ 411 $ 411
Accretion of discount 4 3 9 5  
Changes in discount rates (6) (42) 4 (89)  
Changes in timing and assumptions 51 7 47 8  
Total economic loss development (benefit) 49 (32) 60 (76)  
Net (paid) recovered losses (6) 42 (22) 107  
Net expected loss to be paid (recovered), end of period 560 442 $ 560 442 $ 522
Weighted average risk free discount rate     4.34%   4.08%
Period after the end of the reporting period within which the ceded paid losses are typically settled (in days)     45 days    
Minimum          
Present Value of Net Expected Loss and Loss Adjustment Expenses to be Paid [Roll Forward]          
Risk free discount rate     3.73%   3.82%
Maximum          
Present Value of Net Expected Loss and Loss Adjustment Expenses to be Paid [Roll Forward]          
Risk free discount rate     5.37%   4.69%
United States          
Present Value of Net Expected Loss and Loss Adjustment Expenses to be Paid [Roll Forward]          
Net expected loss to be paid after recoveries for representations and warranties, percent     98.30%   98.50%
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 393 191 $ 412 209 $ 209
Total economic loss development (benefit) 54 6 59 (44)  
Net (paid) recovered losses (4) 20 (28) 52  
Net expected loss to be paid (recovered), end of period 443 217 443 217 412
Public finance | United States          
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 380 181 403 197 197
Total economic loss development (benefit) 57 8 58 (40)  
Net (paid) recovered losses (4) 21 (28) 53  
Net expected loss to be paid (recovered), end of period 433 210 433 210 403
Public finance | 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 13 10 9 12 12
Total economic loss development (benefit) (3) (2) 1 (4)  
Net (paid) recovered losses 0 (1) 0 (1)  
Net expected loss to be paid (recovered), end of period 10 7 10 7 9
RMBS | United States          
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 82 195 66 150 150
Total economic loss development (benefit) (9) (39) (4) (32)  
Net (paid) recovered losses 0 23 11 61  
Net expected loss to be paid (recovered), end of period 73 179 73 179 66
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 42 46 44 52 52
Total economic loss development (benefit) 4 1 5 0  
Net (paid) recovered losses (2) (1) (5) (6)  
Net expected loss to be paid (recovered), end of period 44 46 44 46 44
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 124 241 110 202 202
Total economic loss development (benefit) (5) (38) 1 (32)  
Net (paid) recovered losses (2) 22 6 55  
Net expected loss to be paid (recovered), end of period $ 117 $ 225 $ 117 $ 225 $ 110