XML 61 R45.htm IDEA: XBRL DOCUMENT v3.19.2
Financial Guarantee Insurance Contracts - Additional Information (Detail)
€ in Thousands, £ in Thousands, $ in Thousands
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2019
USD ($)
Jun. 30, 2018
USD ($)
Jun. 30, 2019
USD ($)
Jun. 30, 2018
USD ($)
Dec. 31, 2018
USD ($)
Jun. 30, 2019
EUR (€)
Jun. 30, 2019
GBP (£)
Mar. 31, 2019
USD ($)
Feb. 12, 2019
Jun. 30, 2018
EUR (€)
Jun. 30, 2018
GBP (£)
Mar. 31, 2018
USD ($)
Dec. 31, 2017
USD ($)
Insurance [Line Items]                          
Schedule Of Insured Financial Obligations With Credit Deterioration Reductions Of Gross Claim Liability Rmbs Subrogation $ 1,762,217   $ 1,762,217   $ 1,770,546                
Financial Guarantee Insurance Contracts, Premium Receivable $ 441,526 $ 553,958 $ 441,526 $ 553,958 $ 495,391               $ 586,312
Estimated Future Premium Payments Weighted Average Discounted Rate 2.50%   2.50%   2.70% 2.50% 2.50%            
Reinsurance Payable $ 30,795   $ 30,795   $ 32,913                
Weighted average period of future premiums     8 years 8 months 12 days   8 years 8 months 12 days                
Uncollectable premium receivables 8,288   $ 8,288   $ 7,136                
Past due premiums on policies insuring non-investment grade obligations amount 200   200                    
Accelerated premium revenue for retired obligations (6,169) 6,103 6,054 15,495                  
Reinsurance recoveries of losses included in losses and loss expenses     (6,067) 870                  
Losses and loss expense reserves ceded to reinsurers 26,962 38,293 26,962 38,293 22,623               40,658
Subrogation recoveries, net of reinsurance (1,736,055)   (1,736,055)   (1,744,243)                
Intangible amortization expense 226,242 23,242 262,520 51,878                  
Intangible Assets, Gross (Excluding Goodwill) 1,265,052   1,265,052   1,551,576                
Finite-Lived Intangible Assets, Accumulated Amortization 810,222   810,222   832,645                
Insurance intangible asset 454,830   454,830   718,931                
Possible Increase in Loss Reserves Related to Puerto Rico 1,100,000   1,100,000                    
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 1,552,916 2,063,921 1,552,916 2,063,921 $ 1,633,147     $ 1,665,888       $ 2,109,165 $ 1,645,258
Stockholders Equity After Possible Increase in Domestic Public Finance Loss Reserves 452,916   452,916                    
Percent Cash & New COFINA Bonds Allocated Under POA                 93.00%        
Ambac Assurance Remaining Policy Obligations 177,605   177,605                    
Gain Contingency, Unrecorded Amount 142,000   $ 142,000                    
Loss Reserves [Member]                          
Insurance [Line Items]                          
Weighted average risk-free rate used to discount loss reserves     2.10%   2.80%                
United Kingdom, Pounds                          
Insurance [Line Items]                          
Financial Guarantee Insurance Contracts, Premium Receivable 137,137 151,316 $ 137,137 151,316     £ 107,974       £ 114,729    
Euro Member Countries, Euro                          
Insurance [Line Items]                          
Financial Guarantee Insurance Contracts, Premium Receivable 28,367 $ 33,114 28,367 $ 33,114   € 24,941       € 28,380      
Commonwealth of Puerto Rico [Member]                          
Insurance [Line Items]                          
Domestic Public Finance Losses     $ 119,560                    
External Credit Rating, Non Investment Grade [Member]                          
Insurance [Line Items]                          
Transactions with non-investment grade internal ratings     13.00%   20.00%                
Long-term Debt [Member]                          
Insurance [Line Items]                          
Gain Contingency, Unrecorded Amount 1,600,000   $ 1,600,000                    
Long-term Debt [Member]                          
Insurance [Line Items]                          
Gain Contingency, Unrecorded Amount $ 1,400,000   $ 1,400,000