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Financial Guaranty Insurance Contracts (Details 3) (USD $)
6 Months Ended
Jun. 30, 2012
Dec. 31, 2011
Gross    
Total $ 5,583,380,000 $ 5,962,799,000
Ceded    
Total 590,781,000 708,872,000
Net    
Unearned Premiums, Net 4,992,600,000 [1] 5,253,900,000 [1]
Total net unearned premium reserve related to FG VIE 255,500,000 274,200,000
Net    
Salvage and subrogation recoverable 376,760,000 367,718,000
Reduction in net present value of expected loss due to consolidating FG VIEs 196,800,000  
Reduction in future scheduled amortization of deferred premium revenue due to consolidating FG VIEs 381,400,000  
Financial Guaranty
   
Gross    
Deferred premium revenue 5,698,600,000 6,046,300,000
Contra-paid (123,100,000) (92,200,000)
Total 5,575,500,000 5,954,100,000
Ceded    
Deferred premium revenue 610,600,000 727,400,000
Contra-paid (19,800,000) (18,800,000)
Total 590,800,000 708,600,000
Net    
Deferred premium revenue 5,088,000,000 [1] 5,318,900,000 [1]
Contra-paid 103,300,000 [1] 73,400,000 [1]
Unearned Premiums, Net 4,984,700,000 [1] 5,245,500,000 [1]
Scheduled Net Earned Premium    
2012 (July 1 - September 30) 137,900,000  
2012 (October 1 - December 31) 131,000,000  
Subtotal 2012 268,900,000  
2013 472,900,000  
2014 434,700,000  
2015 384,600,000  
2016 349,100,000  
2017-2021 1,325,700,000  
2022-2026 834,500,000  
2027-2031 505,600,000  
After 2031 512,000,000  
Total present value basis 5,088,000,000 [2],[3]  
Discount 279,600,000  
Total future value 5,367,600,000  
Net Expected Loss to be Expensed    
2012 (July 1 - September 30) 16,200,000  
2012 (October 1 - December 31) 14,900,000  
Subtotal 2012 31,100,000  
2013 61,000,000  
2014 48,600,000  
2015 38,000,000  
2016 33,700,000  
2017-2021 142,100,000  
2022-2026 78,500,000  
2027-2031 39,500,000  
After 2031 30,700,000  
Total present value basis 503,200,000 [2],[3]  
Discount 275,600,000  
Total future value 778,800,000  
Net    
2012 (July 1 - September 30) 121,700,000  
2012 (October 1 - December 31) 116,100,000  
Subtotal 2012 237,800,000  
2013 411,900,000  
2014 386,100,000  
2015 346,600,000  
2016 315,400,000  
2017-2021 1,183,600,000  
2022-2026 756,000,000  
2027-2031 466,100,000  
After 2031 481,300,000  
Total present value basis 4,584,800,000 [2],[3]  
Discount 4,000,000  
Total future value 4,588,800,000  
Other
   
Gross    
Total 7,900,000 8,700,000
Ceded    
Total 0 300,000
Net    
Unearned Premiums, Net $ 7,900,000 [1] $ 8,400,000 [1]
[1] Total net unearned premium reserve excludes $255.5 million and $274.2 million related to FG VIEs as of June 30, 2012 and December 31, 2011, respectively.
[2] Balances represent discounted amounts.
[3] Consolidation of FG VIEs resulted in reductions of $381.4 million in future scheduled net earned premium and $196.8 million in net expected loss to be expensed.