Financial Guarantees in Force (Tables)

12 Months Ended

Dec. 31, 2019

Guarantees [Abstract]

Schedule of Financial Guarantee Insurance In Force By Bond Type

As of December 31, 2019 and 2018, the guarantee portfolio was diversified by type of guaranteed bond as shown in the following table:

Net Par Outstanding December 31,	2019		2018
Public Finance:
Housing revenue (1)	$	5,991	$	6,159
Lease and tax-backed revenue	5,102		7,565
General obligation	3,011		4,214
Higher education	885		1,168
Transportation revenue	855		1,754
Utility revenue	768		1,178
Other	1,041		1,404
Total Public Finance	17,653		23,442
Structured Finance:
Mortgage-backed and home equity	4,423		5,510
Investor-owned utilities	1,675		1,754
Student loan	769		934
Structured Insurance	395		1,365
Asset-backed and other	246		384
Total Structured Finance	7,508		9,947
International Finance:
Sovereign/sub-sovereign	5,264		5,250
Investor-owned and public utilities	4,436		4,499
Asset-backed and other	1,625		2,176
Transportation	1,532		1,613
Total International Finance	12,857		13,538
Total	$	38,018	$	46,927

(1)

Includes $5,654 and $5,759 of Military Housing net par at December 31, 2019 and 2018, respectively.

Schedule of International Financial Guarantee Insurance In Force Portfolio By Location Of Risk

As of December 31, 2019 and 2018, the International Finance guaranteed portfolio by location of risk was as outlined in the table below:

Net Par Outstanding December 31,	2019		2018
United Kingdom	$	10,593	$	10,965
Italy	767		811
Austria	674		712
Australia	382		384
France	303		312
Other international (1)	138		354
Total International Finance	$	12,857	$	13,538

(1)

Other international may include components of U.S. exposure.