Consolidated Balance Sheets - USD ($) $ in Millions	Dec. 31, 2024	Dec. 31, 2023
Investments:
Fixed-maturity securities, available-for-sale	$ 6,369	$ 6,307
Fixed-maturity securities, trading, at fair value	147	318
Short-term investments, at fair value	1,221	1,661
Other invested assets (includes $4 and $3, at fair value)	926	829
Total investments	8,663	9,115
Cash	121	97
Premiums receivable, net of commissions payable	1,551	1,468
Deferred acquisition costs	176	161
Salvage and subrogation recoverable	396	298
Financial guaranty variable interest entities’ assets (includes $147 and $174, at fair value)	147	328
Assets of consolidated investment vehicles (includes $99 and $331, at fair value)	101	366
Other assets (includes $131 and $123, at fair value)	746	706
Total assets	11,901	12,539
Liabilities
Unearned premium reserve	3,719	3,658
Loss and loss adjustment expense reserve	268	376
Long-term debt	1,699	1,694
Financial guaranty variable interest entities’ liabilities, at fair value (with recourse $155 and $543, without recourse $9 and $11)	164	554
Other liabilities (includes $34000000 and $53000000 at fair value)	498	492
Total liabilities	6,348	6,774
Commitments and contingencies (Notes 3, 4, 7, 17)
Shareholders’ equity
Common shares ($0.01 par value, 500,000,000 shares authorized; 50,505,320 and 56,217,305 shares issued and outstanding)	1	1
Retained earnings	5,878	6,070
Accumulated other comprehensive income (loss), net of tax of $(75) and $(67)	(385)	(359)
Deferred equity compensation	1	1
Total shareholders’ equity attributable to Assured Guaranty Ltd.	5,495	5,713
Nonredeemable noncontrolling interests (Note 8)	58	52
Total shareholders’ equity	5,553	5,765
Total liabilities and shareholders’ equity	$ 11,901	$ 12,539