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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 9 Months Ended 12 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Dec. 31, 2024
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 $ 186 $ 447 $ 106 $ 505 $ 505
Accretion of discount 2 5 5 14  
Changes in discount rates 0 3 6 1  
Changes in timing and assumptions (40) (42) (28) (35)  
Total economic loss development (benefit) (38) (34) (17) (20)  
Net (paid) recovered losses (44) (107) 15 (179)  
Net expected loss to be paid (recovered), end of period 104 306 104 $ 306 106
Period after the end of the reporting period within which the ceded paid losses are typically settled (in days)       45 days  
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 192 411 116 $ 418 418
Total economic loss development (benefit) (8) 23 87 49  
Net (paid) recovered losses (81) (115) (100) (148)  
Net expected loss to be paid (recovered), end of period 103 319 103 319 116
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 29 36 33 44 44
Total economic loss development (benefit) 1 (1) (64) 0  
Net (paid) recovered losses 30 (2) 91 (11)  
Net expected loss to be paid (recovered), end of period 60 33 60 33 33
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 (6) 36 (10) 87 87
Total economic loss development (benefit) (30) (57) (104) (69)  
Net (paid) recovered losses 37 8 115 (31)  
Net expected loss to be paid (recovered), end of period 1 (13) $ 1 (13) $ (10)
Minimum          
Present Value of Net Expected Loss and Loss Adjustment Expenses to be Paid [Roll Forward]          
Risk free discount rate     1.92%   1.98%
Maximum          
Present Value of Net Expected Loss and Loss Adjustment Expenses to be Paid [Roll Forward]          
Risk free discount rate     5.70%   5.22%
Weighted Average          
Present Value of Net Expected Loss and Loss Adjustment Expenses to be Paid [Roll Forward]          
Risk free discount rate     4.02%   4.38%
United States | 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 53 374 $ 18 398 $ 398
Total economic loss development (benefit) (2) (23) 51 (14)  
Net (paid) recovered losses (81) (113) (99) (146)  
Net expected loss to be paid (recovered), end of period (30) 238 (30) 238 18
United States | 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 (35) 0 (43) 43 43
Total economic loss development (benefit) (31) (56) (40) (69)  
Net (paid) recovered losses 7 10 24 (20)  
Net expected loss to be paid (recovered), end of period (59) (46) (59) (46) (43)
Non-U.S. public finance | 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 139 37 98 20 20
Total economic loss development (benefit) (6) 46 36 63  
Net (paid) recovered losses 0 (2) (1) (2)  
Net expected loss to be paid (recovered), end of period $ 133 $ 81 $ 133 $ 81 $ 98