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Consolidation of Variable Interest Entities (Details) (USD $)
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2012
number
contract
Jun. 30, 2011
Transaction
Entity
Jun. 30, 2012
number
contract
Jun. 30, 2011
Dec. 31, 2011
number
Consolidated VIEs          
Number of VIE that did not require consolidation 1,200   1,200    
Value Net Fair Value Gains and Losses on Fg Vies Are Expected to Reverse to on Maurity of Vie Debt Except Claim Payments Paid by Agc or Agm Under Financial Guaranty Insurance Contracts $ 0   $ 0    
Credit Risk Derivatives at Fair Value before Effect of Credit Spread Net 1 [Abstract]          
Variable Interest Entity, Number of Entities, With Recourse 34   34   33
Variable Interest Entity, Number of Entities, Without Recourse 0   0   0
Number of FG VIEs 34   34   33
Assets 2,725,979,000   2,725,979,000   2,819,077,000
Liabilities 3,281,300,000   3,281,300,000   3,458,400,000
Total with recourse , Assets 1,683,700,000   1,683,700,000   1,757,600,000
Without recourse, Assets 1,042,300,000   1,042,300,000   1,061,500,000
Total unpaid principal balance for the VIEs' assets that were over 90 days or more past due 1,001,300,000   1,001,300,000    
Number of days VIEs' assets were past due (in days)     90 days    
Difference between the aggregate unpaid principal and aggregate fair value of the VIEs' Assets 2,994,700,000   2,994,700,000    
Change in the instrument specific credit risk of the VIEs' assets 84,500,000 861,900,000 170,400,000 478,700,000  
Difference between the aggregate unpaid principal and aggregate fair value of the VIEs' liabilities 2,411,300,000   2,411,300,000    
Contractual Maturity          
2012 0   0    
2013 0   0    
2014 90,800,000   90,800,000    
2015 0   0    
2016 0   0    
Thereafter 3,438,600,000   3,438,600,000    
Gross par outstanding for FG VIEs liabilities with recourse 3,529,400,000   3,529,400,000   3,796,400,000
Net earned premiums (15,500,000) [1] (18,300,000) [1] (32,500,000) [1] (37,400,000) [1]  
Net investment income (2,600,000) [1] (400,000) [1] (5,800,000) [1] (700,000) [1]  
Net realized investment gains (losses) 2,100,000 [1] 200,000 [1] 3,500,000 [1] 500,000 [1]  
Net change in fair value of financial guaranty variable interest entities:          
Fair value gains (losses) on financial guaranty variable interest entities 172,356,000 (174,286,000) 135,754,000 (54,685,000)  
Loss and LAE (500,000) [1] 16,900,000 [1] 2,700,000 [1] 67,600,000 [1]  
Total pre-tax effect on net income 155,900,000 [1] (175,900,000) [1] 103,700,000 [1] (24,700,000) [1]  
Less: tax provision (benefit) 54,600,000 [1] (61,600,000) [1] 36,300,000 [1] (8,600,000) [1]  
Total effect on net income (loss) 101,300,000 [1] (114,300,000) [1] 67,400,000 [1] (16,100,000) [1]  
Total (decrease) increase on shareholders' equity     (339,300,000)   (405,200,000)
Number of Variable Interest Entities Consolidated   8      
Number of Transactions That the Fair Value of Underlying Collateral Depreciated and Related Wrapped Senior Bonds Value Unchanged   2      
AGC R&W Benefits From Deutsche Bank Settlement [Member]
         
Net change in fair value of financial guaranty variable interest entities:          
Fair value gains (losses) on financial guaranty variable interest entities 160,900,000        
HELOCs
         
Credit Risk Derivatives at Fair Value before Effect of Credit Spread Net 1 [Abstract]          
Variable Interest Entity, Number of Entities, With Recourse 8   8   8
Assets 550,200,000   550,200,000   572,900,000
Liabilities 863,600,000   863,600,000   907,900,000
Alt-A first lien
         
Credit Risk Derivatives at Fair Value before Effect of Credit Spread Net 1 [Abstract]          
Variable Interest Entity, Number of Entities, With Recourse 3   3   3
Assets 114,800,000   114,800,000   118,000,000
Liabilities 101,500,000   101,500,000   106,100,000
Option ARM
         
Credit Risk Derivatives at Fair Value before Effect of Credit Spread Net 1 [Abstract]          
Variable Interest Entity, Number of Entities, With Recourse 2   2   2
Assets 40,100,000   40,100,000   49,700,000
Liabilities 199,500,000   199,500,000   244,700,000
Subprime
         
Credit Risk Derivatives at Fair Value before Effect of Credit Spread Net 1 [Abstract]          
Variable Interest Entity, Number of Entities, With Recourse 7   7   5
Assets 391,300,000   391,300,000   386,800,000
Liabilities 493,600,000   493,600,000   472,700,000
CES
         
Credit Risk Derivatives at Fair Value before Effect of Credit Spread Net 1 [Abstract]          
Variable Interest Entity, Number of Entities, With Recourse 10   10   10
Assets 205,700,000   205,700,000   184,600,000
Liabilities 199,200,000   199,200,000   219,900,000
Automobile loans
         
Credit Risk Derivatives at Fair Value before Effect of Credit Spread Net 1 [Abstract]          
Variable Interest Entity, Number of Entities, With Recourse 3   3   4
Assets 91,400,000   91,400,000   155,800,000
Liabilities 91,400,000   91,400,000   155,800,000
Life insurance
         
Credit Risk Derivatives at Fair Value before Effect of Credit Spread Net 1 [Abstract]          
Variable Interest Entity, Number of Entities, With Recourse 1   1   1
Assets 290,200,000   290,200,000   289,800,000
Liabilities $ 290,200,000   $ 290,200,000   $ 289,800,000
[1] Includes the effect of eliminating insurance balances related to the financial guaranty insurance contracts.