XML 69 R67.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Financial Guarantee Insurance Contracts - Additional Information (Detail)
£ in Millions, $ in Millions
3 Months Ended 12 Months Ended
Dec. 31, 2019
USD ($)
Sep. 30, 2019
USD ($)
Jun. 30, 2019
USD ($)
Mar. 31, 2019
USD ($)
Dec. 31, 2018
USD ($)
Sep. 30, 2018
USD ($)
Jun. 30, 2018
USD ($)
Mar. 31, 2018
USD ($)
Dec. 31, 2019
USD ($)
Dec. 31, 2018
USD ($)
Dec. 31, 2017
USD ($)
Dec. 31, 2019
GBP (£)
Feb. 12, 2019
Dec. 31, 2018
GBP (£)
Dec. 31, 2017
GBP (£)
Dec. 31, 2016
USD ($)
Insurance [Line Items]                                
Net par amount of financial guarantees $ 38,018       $ 46,927       $ 38,018 $ 46,927            
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 1,536       $ 1,633       1,536 $ 1,633 $ 1,645         $ 1,978
Stockholders Equity After Possible Increase in Domestic Public Finance Loss Reserves 536               536              
Possible Increase in Domestic Public Finance Loss Reserves $ 1,000               $ 1,000              
Estimated Future Premium Payments Weighted Average Discounted Rate 2.40%       2.70%       2.40% 2.70%   2.40%   2.70%    
Financial Guarantee Insurance Contracts, Premium Receivable $ 416       $ 495       $ 416 $ 495 586         661
Amount Of Insured Par Outstanding Ceded To Reinsurer 2,746               $ 2,746              
Ceded Principal Outstanding Major Reinsurer Percentage                 6.30%              
Financial Guarantee Gross Outstanding Principal Assumed From Third Parties 219       219       $ 219 219            
Deferred Ceded Premiums And Reinsurance Recoverables 109               109              
Reinsurance Payable 29       33       $ 29 $ 33            
Weighted average period of future premiums                 8 years 6 months 8 years 8 months 12 days            
Uncollectable premium receivables 9       7       $ 9 $ 7            
Accelerated premium revenue for retired obligations                 10 32 64          
Reinsurance recoveries of losses included in losses and loss expenses                 (7) (2) 20          
Losses and loss expense reserves ceded to reinsurers 26       23       26 23 41         $ 31
Subrogation recoveries, net of reinsurance (1,702)       (1,744)       (1,702) (1,744)            
Intangible amortization expense 15 $ 17 $ 226 $ 36 29 $ 26 $ 23 $ 29 295 107 151          
Intangible Assets, Gross (Excluding Goodwill) 1,273       1,552       1,273 1,552            
Finite-Lived Intangible Assets, Accumulated Amortization 847       833       847 833            
Insurance intangible asset 427       719       427 719            
Letters of Credit Outstanding, Amount 124               124              
Financial Guarantee Outstanding Principal Ceded To Third Parties 5,890               5,890              
Public Finance Puerto Rico Net Par Outstanding 1,123               1,123              
Percent Cash & New COFINA Bonds Allocated Under POA                         93.00%      
Ambac Assurance Remaining Policy Obligations 101               101              
Insurance Intangible Asset [Member]                                
Insurance [Line Items]                                
Intangible amortization expense                 $ 295 $ 107 151          
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 129       131       $ 129 $ 131 152 £ 97   £ 103 £ 112  
Ambac UK [Member]                                
Insurance [Line Items]                                
Total Benefit Related to Ballantyne Settlement                     $ 145          
Commonwealth of Puerto Rico [Member]                                
Insurance [Line Items]                                
Domestic Public Finance Losses                 250              
Public Finance [Member]                                
Insurance [Line Items]                                
Net par amount of financial guarantees 17,653       23,442       17,653 23,442            
Housing Revenue [Member] | Public Finance [Member]                                
Insurance [Line Items]                                
Net par amount of financial guarantees 5,991       6,159       5,991 6,159            
Housing Revenue [Member] | Military Housing [Domain] | Public Finance [Member]                                
Insurance [Line Items]                                
Net par amount of financial guarantees $ 5,654       $ 5,759       $ 5,654 $ 5,759