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Financial Guaranty Insurance Contracts (Details 11) (USD $)
In Millions, unless otherwise specified
Jun. 30, 2012
Dec. 31, 2011
Loss and LAE Reserve    
Subtotal $ 890.8 $ 671.3
Effect of consolidating FG VIEs (66.1) (61.6)
Total 824.7 [1] 609.7 [1]
Salvage and Subrogation Recoverable    
Subtotal 539.3 585.2
Effect of consolidating FG VIEs (202.8) (258.1)
Total 336.5 [1] 327.1 [1]
Net    
Subtotal 351.5 86.1
Effect of consolidating FG VIEs 136.7 196.5
Total 488.2 [1] 282.6 [1]
Financial Guaranty
   
Loss and LAE Reserve    
Subtotal 888.9 669.4
Salvage and Subrogation Recoverable    
Subtotal 533.3 585.2
Net    
Subtotal 355.6 [2] 84.2 [2]
Effect of consolidating FG VIEs 136.7 [2] 196.5 [2]
Total 492.3 [2] 280.7 [2]
Financial Guaranty | U.S. RMBS
   
Loss and LAE Reserve    
Subtotal 303.4 336.4
Salvage and Subrogation Recoverable    
Subtotal 451.5 509.4
Net    
Subtotal (148.1) (173.0)
Financial Guaranty | Total first lien
   
Loss and LAE Reserve    
Subtotal 244.1 264.1
Salvage and Subrogation Recoverable    
Subtotal 190.1 196.0
Net    
Subtotal 54.0 68.1
Financial Guaranty | Prime first lien
   
Loss and LAE Reserve    
Subtotal 2.1 1.2
Salvage and Subrogation Recoverable    
Subtotal 0 0
Net    
Subtotal 2.1 1.2
Financial Guaranty | Alt-A first lien
   
Loss and LAE Reserve    
Subtotal 84.4 69.8
Salvage and Subrogation Recoverable    
Subtotal 0 55.4
Net    
Subtotal 84.4 14.4
Financial Guaranty | Option ARM
   
Loss and LAE Reserve    
Subtotal 85.8 141.7
Salvage and Subrogation Recoverable    
Subtotal 189.8 140.3
Net    
Subtotal (104.0) 1.4
Financial Guaranty | Subprime
   
Loss and LAE Reserve    
Subtotal 71.8 51.4
Salvage and Subrogation Recoverable    
Subtotal 0.3 0.3
Net    
Subtotal 71.5 51.1
Financial Guaranty | Second lien
   
Loss and LAE Reserve    
Subtotal 59.3 72.3
Salvage and Subrogation Recoverable    
Subtotal 261.4 313.4
Net    
Subtotal (202.1) (241.1)
Financial Guaranty | CES
   
Loss and LAE Reserve    
Subtotal 13.9 11.2
Salvage and Subrogation Recoverable    
Subtotal 67.1 136.2
Net    
Subtotal (53.2) (125.0)
Financial Guaranty | HELOCs
   
Loss and LAE Reserve    
Subtotal 45.4 61.1
Salvage and Subrogation Recoverable    
Subtotal 194.3 177.2
Net    
Subtotal (148.9) (116.1)
Financial Guaranty | TruPS [Member]
   
Loss and LAE Reserve    
Subtotal 4.6 11.1
Salvage and Subrogation Recoverable    
Subtotal 0 0
Net    
Subtotal 4.6 11.1
Financial Guaranty | Structured finance
   
Loss and LAE Reserve    
Subtotal 192.4 221.9
Salvage and Subrogation Recoverable    
Subtotal 6.6 5.9
Net    
Subtotal 185.8 216.0
Financial Guaranty | US Public Finance [Member]
   
Loss and LAE Reserve    
Subtotal 108.2 62.2
Salvage and Subrogation Recoverable    
Subtotal 75.2 69.9
Net    
Subtotal 33.0 (7.7)
Financial Guaranty | Public finance Non-U.S.
   
Loss and LAE Reserve    
Subtotal 280.3 37.8
Salvage and Subrogation Recoverable    
Subtotal 0 0
Net    
Subtotal 280.3 37.8
Other
   
Loss and LAE Reserve    
Subtotal 1.9 1.9
Salvage and Subrogation Recoverable    
Subtotal 6.0 0
Net    
Subtotal (4.1) 1.9
Total $ (4.1) $ 1.9
[1] See “Components of Net Reserves (Salvage)” table for loss and LAE reserve and salvage and subrogation recoverable components.
[2] See table “Components of net reserves (salvage).”