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Schedule II - Condensed Financial Information of Registrant (Parent Company Only) - Condensed Balance Sheet (Detail) - USD ($)
$ in Millions
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
May 01, 2013
Condensed Balance Sheet Statements, Captions [Line Items]          
Common stock, shares issued 45,571,743 45,365,170      
Treasury stock, shares 16,343 28,892      
Common Stock, Shares, Outstanding 45,555,400 45,336,278      
Assets:          
Debt Securities, Available-for-sale $ 3,314        
Junior surplus note of Ambac Assurance Segregated Account         $ 350
Short-term investments, at cost (approximates fair value) 3,187 $ 3,451      
Other Investments 478 391      
Total investments 3,792 3,937      
Other assets 95 138      
Total assets 13,320 14,589      
Tolling Payment Payable to AFG 28 44      
Liabilities:          
Total liabilities 11,783 12,956      
Stockholders' equity (deficit):          
Preferred stock 0 0      
Common stock 0 0      
Additional paid-in capital 232 219      
Accumulated other comprehensive income (loss) 42 (49) $ (52)    
Retained earnings 1,203 1,421      
Common stock held in treasury at cost 0 0      
Total Ambac Financial Group, Inc. stockholders’ equity 1,477 1,592      
Total liabilities and stockholders’ equity 13,320 14,589      
Ambac Financial Group, Inc Parent Company Only [Member]          
Assets:          
Short-term investments, at cost (approximates fair value) 71 151      
Other Investments 46 40      
Total investments 434 381      
Cash 9 15      
Investment in subsidiaries 993 1,148      
Investment income due and accrued 1 1      
Current taxes receivable 30 44      
Other assets 11 3      
Total assets 1,478 1,593      
Liabilities:          
Accounts payable and other liabilities 2 1      
Total liabilities 2 1      
Stockholders' equity (deficit):          
Preferred stock 0 0      
Common stock 0 0      
Additional paid-in capital 232 219      
Accumulated other comprehensive income (loss) 42 (49)      
Retained earnings 1,203 1,421      
Common stock held in treasury at cost 0 0      
Total Ambac Financial Group, Inc. stockholders’ equity 1,477 1,592 $ 1,381 $ 1,714  
Total liabilities and stockholders’ equity 1,478 1,593      
Short-term Investments [Member]          
Assets:          
Debt Securities, Available-for-sale 653 430      
Short-term investments, at cost (approximates fair value) 653 430      
Short-term Investments [Member] | Ambac Financial Group, Inc Parent Company Only [Member]          
Assets:          
Short-term investments, at cost (approximates fair value) 318 193      
Fixed Income Securities [Member]          
Assets:          
Debt Securities, Available-for-sale 2,577 3,116      
Short-term investments, at cost (approximates fair value) 2,450 3,021      
Fixed Income Securities [Member] | Ambac Financial Group, Inc Parent Company Only [Member]          
Assets:          
Debt Securities, Available-for-sale $ 70 $ 148