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Outstanding Exposure (Details 4) (USD $)
In Millions, unless otherwise specified
Jun. 30, 2012
Dec. 31, 2011
Outstanding Exposure    
Probability of paying more claims than being reimbursed (as a percent) 50.00%  
Constant discount rate (as a percent) 5.00%  
Maximum period of liquidity claims (in years) 1 year  
Net Par Outstanding $ 552,934 $ 558,048
Financial Guaranty Contracts Accounted for as Credit Derivatives Outstanding Principal Amount 78,443 85,047
BIG 1
   
Outstanding Exposure    
Net Par Outstanding 10,041 12,250
BIG 2
   
Outstanding Exposure    
Net Par Outstanding 5,808 4,981
BIG 3
   
Outstanding Exposure    
Net Par Outstanding 8,965 9,531
Below investment grade ("BIG")
   
Outstanding Exposure    
Net Par Outstanding 24,814 26,762
% of Total Net Par Outstanding 4.50% 4.80%
Financial Guaranty Contracts Accounted for as Insurance Outstanding Principal Amount 17,714 [1] 18,959 [1]
Financial Guaranty Contracts Accounted for as Credit Derivatives Outstanding Principal Amount 7,100 7,803
Financial Guaranty Contracts Accounted for as Insurance Number of Contracts 375 [1],[2] 368 [1],[2]
Financial Guaranty Contracts Accounted for as Credit Derivatives Number of Contracts 94 [2] 99 [2]
Insured Financial Obligations Number of Contracts 469 [2] 467 [2]
Below investment grade ("BIG") | BIG 1
   
Outstanding Exposure    
Net Par Outstanding 10,041 12,250
Financial Guaranty Contracts Accounted for as Insurance Outstanding Principal Amount 7,467 [1] 8,297 [1]
Financial Guaranty Contracts Accounted for as Credit Derivatives Outstanding Principal Amount 2,574 3,953
Financial Guaranty Contracts Accounted for as Insurance Number of Contracts 164 [1],[2] 171 [1],[2]
Financial Guaranty Contracts Accounted for as Credit Derivatives Number of Contracts 35 40 [2]
Insured Financial Obligations Number of Contracts 199 [2] 211 [2]
Below investment grade ("BIG") | BIG 2
   
Outstanding Exposure    
Net Par Outstanding 5,808 4,981
Financial Guaranty Contracts Accounted for as Insurance Outstanding Principal Amount 3,353 [1] 3,458 [1]
Financial Guaranty Contracts Accounted for as Credit Derivatives Outstanding Principal Amount 2,455 1,523
Financial Guaranty Contracts Accounted for as Insurance Number of Contracts 79 [1],[2] 71 [1],[2]
Financial Guaranty Contracts Accounted for as Credit Derivatives Number of Contracts 34 33 [2]
Insured Financial Obligations Number of Contracts 113 [2] 104 [2]
Below investment grade ("BIG") | BIG 3
   
Outstanding Exposure    
Net Par Outstanding 8,965 9,531
Financial Guaranty Contracts Accounted for as Insurance Outstanding Principal Amount 6,894 [1] 7,204 [1]
Financial Guaranty Contracts Accounted for as Credit Derivatives Outstanding Principal Amount 2,071 2,327
Financial Guaranty Contracts Accounted for as Insurance Number of Contracts 132 [1],[2] 126 [1],[2]
Financial Guaranty Contracts Accounted for as Credit Derivatives Number of Contracts 25 26 [2]
Insured Financial Obligations Number of Contracts 157 [2] 152 [2]
RMBS
   
Outstanding Exposure    
Minimum Amount Assumed Principal Amount for Internal Rating 1  
Residential, Prime, Financing Receivable [Member]
   
Outstanding Exposure    
Net Par Outstanding 690 739
Financial Guaranty Contracts Accounted for as Credit Derivatives Outstanding Principal Amount 367 398
Residential, Prime, Financing Receivable [Member] | BIG 1
   
Outstanding Exposure    
Net Par Outstanding 76 77
Residential, Prime, Financing Receivable [Member] | BIG 2
   
Outstanding Exposure    
Net Par Outstanding 430 465
Residential, Prime, Financing Receivable [Member] | BIG 3
   
Outstanding Exposure    
Net Par Outstanding 3 0
Residential, Prime, Financing Receivable [Member] | Below investment grade ("BIG")
   
Outstanding Exposure    
Net Par Outstanding 509 542
% of Total Net Par Outstanding 0.10% 0.10%
Alt-A First Mortgage [Member]
   
Outstanding Exposure    
Net Par Outstanding 4,939 5,329
Alt-A First Mortgage [Member] | BIG 1
   
Outstanding Exposure    
Net Par Outstanding 436 1,695
Alt-A First Mortgage [Member] | BIG 2
   
Outstanding Exposure    
Net Par Outstanding 2,039 1,028
Alt-A First Mortgage [Member] | BIG 3
   
Outstanding Exposure    
Net Par Outstanding 1,374 1,540
Alt-A First Mortgage [Member] | Below investment grade ("BIG")
   
Outstanding Exposure    
Net Par Outstanding 3,849 4,263
% of Total Net Par Outstanding 0.70% 0.80%
First Mortgage Option Adjustable Rate Mortgage [Member]
   
Outstanding Exposure    
Net Par Outstanding 1,991 2,433
First Mortgage Option Adjustable Rate Mortgage [Member] | BIG 1
   
Outstanding Exposure    
Net Par Outstanding 61 25
First Mortgage Option Adjustable Rate Mortgage [Member] | BIG 2
   
Outstanding Exposure    
Net Par Outstanding 471 689
First Mortgage Option Adjustable Rate Mortgage [Member] | BIG 3
   
Outstanding Exposure    
Net Par Outstanding 827 882
First Mortgage Option Adjustable Rate Mortgage [Member] | Below investment grade ("BIG")
   
Outstanding Exposure    
Net Par Outstanding 1,359 1,596
% of Total Net Par Outstanding 0.30% 0.30%
Residential, Subprime, Financing Receivable [Member]
   
Outstanding Exposure    
Net Par Outstanding 7,754 8,136
Financial Guaranty Contracts Accounted for as Credit Derivatives Outstanding Principal Amount 3,778 4,012
Residential, Subprime, Financing Receivable [Member] | BIG 1
   
Outstanding Exposure    
Net Par Outstanding 218 795
Residential, Subprime, Financing Receivable [Member] | BIG 2
   
Outstanding Exposure    
Net Par Outstanding 1,276 1,200
Residential, Subprime, Financing Receivable [Member] | BIG 3
   
Outstanding Exposure    
Net Par Outstanding 864 513
Residential, Subprime, Financing Receivable [Member] | Below investment grade ("BIG")
   
Outstanding Exposure    
Net Par Outstanding 2,358 2,508
% of Total Net Par Outstanding 0.40% 0.40%
Close Ended Second Mortgage [Member]
   
Outstanding Exposure    
Net Par Outstanding 997 1,040
Close Ended Second Mortgage [Member] | BIG 1
   
Outstanding Exposure    
Net Par Outstanding 0 0
Close Ended Second Mortgage [Member] | BIG 2
   
Outstanding Exposure    
Net Par Outstanding 450 495
Close Ended Second Mortgage [Member] | BIG 3
   
Outstanding Exposure    
Net Par Outstanding 419 520
Close Ended Second Mortgage [Member] | Below investment grade ("BIG")
   
Outstanding Exposure    
Net Par Outstanding 869 1,015
% of Total Net Par Outstanding 0.20% 0.20%
Home Equity Line of Credit [Member]
   
Outstanding Exposure    
Net Par Outstanding 3,521 3,890
Home Equity Line of Credit [Member] | BIG 1
   
Outstanding Exposure    
Net Par Outstanding 394 421
Home Equity Line of Credit [Member] | BIG 2
   
Outstanding Exposure    
Net Par Outstanding 0 0
Home Equity Line of Credit [Member] | BIG 3
   
Outstanding Exposure    
Net Par Outstanding 2,587 2,858
Home Equity Line of Credit [Member] | Below investment grade ("BIG")
   
Outstanding Exposure    
Net Par Outstanding 2,981 3,279
% of Total Net Par Outstanding 0.50% 0.60%
US Residential Mortgage Backed Securities [Member]
   
Outstanding Exposure    
Net Par Outstanding 19,892 21,567
Financial Guaranty Contracts Accounted for as Credit Derivatives Outstanding Principal Amount 7,902 8,532
US Residential Mortgage Backed Securities [Member] | BIG 1
   
Outstanding Exposure    
Net Par Outstanding 1,185 3,013
US Residential Mortgage Backed Securities [Member] | BIG 2
   
Outstanding Exposure    
Net Par Outstanding 4,666 3,877
US Residential Mortgage Backed Securities [Member] | BIG 3
   
Outstanding Exposure    
Net Par Outstanding 6,074 6,313
US Residential Mortgage Backed Securities [Member] | Below investment grade ("BIG")
   
Outstanding Exposure    
Net Par Outstanding 11,925 13,203
% of Total Net Par Outstanding 2.20% 2.40%
TruPS [Member]
   
Outstanding Exposure    
Net Par Outstanding 6,006 6,334
TruPS [Member] | BIG 1
   
Outstanding Exposure    
Net Par Outstanding 2,071 2,501
TruPS [Member] | BIG 2
   
Outstanding Exposure    
Net Par Outstanding 0 0
TruPS [Member] | BIG 3
   
Outstanding Exposure    
Net Par Outstanding 952 951
TruPS [Member] | Below investment grade ("BIG")
   
Outstanding Exposure    
Net Par Outstanding 3,023 3,452
% of Total Net Par Outstanding 0.50% 0.60%
Other Structured Finance [Member]
   
Outstanding Exposure    
Net Par Outstanding 78,390 88,028
Other Structured Finance [Member] | BIG 1
   
Outstanding Exposure    
Net Par Outstanding 1,261 1,295
Other Structured Finance [Member] | BIG 2
   
Outstanding Exposure    
Net Par Outstanding 459 548
Other Structured Finance [Member] | BIG 3
   
Outstanding Exposure    
Net Par Outstanding 1,224 1,429
Other Structured Finance [Member] | Below investment grade ("BIG")
   
Outstanding Exposure    
Net Par Outstanding 2,944 3,272
% of Total Net Par Outstanding 0.50% 0.60%
US Public Finance [Member]
   
Outstanding Exposure    
Net Par Outstanding 409,877 403,073
US Public Finance [Member] | BIG 1
   
Outstanding Exposure    
Net Par Outstanding 3,285 3,395
US Public Finance [Member] | BIG 2
   
Outstanding Exposure    
Net Par Outstanding 407 274
US Public Finance [Member] | BIG 3
   
Outstanding Exposure    
Net Par Outstanding 715 838
US Public Finance [Member] | Below investment grade ("BIG")
   
Outstanding Exposure    
Net Par Outstanding 4,407 4,507
% of Total Net Par Outstanding 0.80% 0.80%
Public finance Non-U.S.
   
Outstanding Exposure    
Net Par Outstanding 38,769 [3] 39,046 [3]
Public finance Non-U.S. | Greece
   
Outstanding Exposure    
Net Par Outstanding   282
Public finance Non-U.S. | BIG 1
   
Outstanding Exposure    
Net Par Outstanding 2,239 [3] 2,046 [3]
Public finance Non-U.S. | BIG 2
   
Outstanding Exposure    
Net Par Outstanding 276 [3] 282 [3]
Public finance Non-U.S. | BIG 3
   
Outstanding Exposure    
Net Par Outstanding 0 [3] 0 [3]
Public finance Non-U.S. | Below investment grade ("BIG")
   
Outstanding Exposure    
Net Par Outstanding $ 2,515 [3] $ 2,328 [3]
% of Total Net Par Outstanding 0.50% [3] 0.40% [3]
[1] Includes net par outstanding for FG VIEs.
[2] A risk represents the aggregate of the financial guaranty policies that share the same revenue source for purposes of making Debt Service payments.
[3] Includes $276 million and $282 million in net par as of June 30, 2012 and December 31, 2011, respectively, for bonds of the Hellenic Republic of Greece, a portion of which was accelerated in July 2012 and a portion of which the Company intends to accelerate on or after September 2012. See Note 4, Financial Guaranty Insurance Contracts.