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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2014
Dec. 31, 2013
Successor [Member]    
Assets:    
Fixed income securities, at fair value (amortized cost of $4,514,878 in 2014 and $5,927,254 in 2013) $ 4,725,686us-gaap_AvailableForSaleSecuritiesDebtSecurities
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
$ 5,885,316us-gaap_AvailableForSaleSecuritiesDebtSecurities
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
Fixed income securities pledged as collateral, at fair value (amortized cost of $64,378 in 2014 and $126,196 in 2013) 64,267us-gaap_AvailableForSaleSecuritiesPledgedAsCollateral
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
126,223us-gaap_AvailableForSaleSecuritiesPledgedAsCollateral
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
Short-term investments, at fair value (amortized cost of $360,069 in 2014 and $271,118 in 2013) 360,065us-gaap_OtherShortTermInvestments
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
271,119us-gaap_OtherShortTermInvestments
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
Other investments (includes $336,013 at fair value in 2014 and $271,118 in 2013) 357,016us-gaap_OtherInvestmentsAndSecuritiesAtCost
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
241,069us-gaap_OtherInvestmentsAndSecuritiesAtCost
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
Total investments 5,507,034us-gaap_Investments
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
6,523,727us-gaap_Investments
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
Cash and cash equivalents 73,903us-gaap_CashAndCashEquivalentsAtCarryingValue
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
77,370us-gaap_CashAndCashEquivalentsAtCarryingValue
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
Receivable for securities 23,660us-gaap_OtherReceivables
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
14,450us-gaap_OtherReceivables
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
Investment income due and accrued 25,015us-gaap_AccruedInvestmentIncomeReceivable
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
37,663us-gaap_AccruedInvestmentIncomeReceivable
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
Premium receivables 1,000,607us-gaap_PremiumsReceivableAtCarryingValue
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
1,453,021us-gaap_PremiumsReceivableAtCarryingValue
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
Reinsurance recoverable on paid and unpaid losses 99,838us-gaap_ReinsuranceRecoverables
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
121,249us-gaap_ReinsuranceRecoverables
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
Deferred ceded premium 123,276us-gaap_PrepaidReinsurancePremiums
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
145,529us-gaap_PrepaidReinsurancePremiums
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
Subrogation recoverable 953,274us-gaap_SalvageAndSubrogationRecoveriesValue
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
498,478us-gaap_SalvageAndSubrogationRecoveriesValue
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
Loans 5,714us-gaap_NotesReceivableNet
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
6,179us-gaap_NotesReceivableNet
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
Derivative assets 109,017us-gaap_DerivativeAssets
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
77,711us-gaap_DerivativeAssets
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
Insurance intangible asset 1,410,920us-gaap_IntangibleAssetsNetExcludingGoodwill
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
1,597,965us-gaap_IntangibleAssetsNetExcludingGoodwill
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
Goodwill 514,511us-gaap_Goodwill
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
514,511us-gaap_Goodwill
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
Other assets 186,985us-gaap_OtherAssets
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
35,927us-gaap_OtherAssets
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
Total assets 25,159,864us-gaap_Assets
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
27,092,477us-gaap_Assets
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
Liabilities:    
Unearned premiums 1,673,785us-gaap_UnearnedPremiums
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
2,255,680us-gaap_UnearnedPremiums
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
Loss and loss expense reserves 4,752,007us-gaap_LiabilityNetForClaimsAndClaimsAdjustmentExpenseFinancialGuaranteeInsuranceContracts
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
5,968,712us-gaap_LiabilityNetForClaimsAndClaimsAdjustmentExpenseFinancialGuaranteeInsuranceContracts
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
Ceded premiums payable 60,436us-gaap_ReinsurancePayable
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
70,962us-gaap_ReinsurancePayable
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
Obligations under investment agreements 160,079us-gaap_BorrowingsUnderGuaranteedInvestmentAgreements
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
359,070us-gaap_BorrowingsUnderGuaranteedInvestmentAgreements
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
Deferred taxes 2,079us-gaap_DeferredTaxAndOtherLiabilitiesNoncurrent
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
2,199us-gaap_DeferredTaxAndOtherLiabilitiesNoncurrent
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
Current taxes 5,701us-gaap_AccruedIncomeTaxesCurrent
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
738us-gaap_AccruedIncomeTaxesCurrent
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
Long-term debt 971,116us-gaap_LongTermDebt
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
963,178us-gaap_LongTermDebt
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
Accrued interest payable 304,139us-gaap_InterestPayableCurrentAndNoncurrent
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
294,817us-gaap_InterestPayableCurrentAndNoncurrent
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
Derivative liabilities 406,944us-gaap_DerivativeLiabilities
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
253,898us-gaap_DerivativeLiabilities
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
Other liabilities 63,396us-gaap_OtherLiabilities
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
67,377us-gaap_OtherLiabilities
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
Payable for securities purchased 762us-gaap_InvestmentRelatedLiabilities
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
4,654us-gaap_InvestmentRelatedLiabilities
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
Total liabilities 23,486,129us-gaap_Liabilities
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
26,114,055us-gaap_Liabilities
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
Stockholders’ equity:    
Preferred stock, par value $0.01 per share; authorized shares—20,000,000; issued and outstanding shares—none 0us-gaap_PreferredStockValue
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
0us-gaap_PreferredStockValue
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
Common stock, par value $0.01 per share; authorized shares—130,000,000; issued and outstanding shares—45,005,932 at December 31, 2014 and 45,003,461 at December 31, 2013 450us-gaap_CommonStockValue
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
450us-gaap_CommonStockValue
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
Additional paid-in capital 189,138us-gaap_AdditionalPaidInCapital
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
185,672us-gaap_AdditionalPaidInCapital
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
Accumulated other comprehensive income 220,283us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
11,661us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
Accumulated earnings 989,290us-gaap_RetainedEarningsAccumulatedDeficit
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
505,219us-gaap_RetainedEarningsAccumulatedDeficit
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
Common stock held in treasury at cost, 2,459 shares at December 31, 2014 and 937 shares at December 31, 2013 (56)us-gaap_TreasuryStockValue
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
(19)us-gaap_TreasuryStockValue
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
Total Ambac Financial Group, Inc. stockholders’ equity 1,399,105us-gaap_StockholdersEquity
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
702,983us-gaap_StockholdersEquity
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
Noncontrolling interest 274,630us-gaap_MinorityInterest
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
275,439us-gaap_MinorityInterest
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
Total stockholders’ equity 1,673,735us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
978,422us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
Total liabilities and stockholders’ equity 25,159,864us-gaap_LiabilitiesAndStockholdersEquity
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
27,092,477us-gaap_LiabilitiesAndStockholdersEquity
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
Successor [Member] | Variable Interest Entity [Member]    
Variable interest entity assets:    
Fixed income securities, at fair value 2,743,050ambc_VIEAvailableForSaleSecuritiesDebtSecurities
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember
2,475,182ambc_VIEAvailableForSaleSecuritiesDebtSecurities
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember
Restricted cash 7,708ambc_VIERestrictedCashAndCashEquivalents
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember
17,498ambc_VIERestrictedCashAndCashEquivalents
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember
Investment income due and accrued 1,284ambc_VIEAccruedInvestmentIncomeReceivable
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember
1,365ambc_VIEAccruedInvestmentIncomeReceivable
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember
Loans, at fair value 12,371,177ambc_VIELoansReceivableNet
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember
13,398,895ambc_VIELoansReceivableNet
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember
Intangible assets 0ambc_VIEFiniteLivedIntangibleAssetsNet
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember
76,140ambc_VIEFiniteLivedIntangibleAssetsNet
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember
Other assets 2,891ambc_VIEOtherAssets
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember
19,617ambc_VIEOtherAssets
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember
Variable interest entity liabilities:    
Accrued interest payable 3,268ambc_VIEInterestPayableCurrentAndNoncurrent
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember
722ambc_VIEInterestPayableCurrentAndNoncurrent
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember
Long-term debt, at fair value 12,882,076ambc_VIELongTermDebt
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember
14,091,753ambc_VIELongTermDebt
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember
Derivative liabilities 2,200,163ambc_VIEDerivativeLiabilities
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember
1,772,306ambc_VIEDerivativeLiabilities
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember
Other liabilities $ 178ambc_VIEOtherLiabilities
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember
$ 7,989ambc_VIEOtherLiabilities
/ us-gaap_StatementScenarioAxis
= us-gaap_SuccessorMember
/ us-gaap_VariableInterestEntitiesByClassificationOfEntityAxis
= us-gaap_VariableInterestEntityPrimaryBeneficiaryMember