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Special Purpose Entities, Including Variable Interest Entities - Summary of Carrying Amount of Assets, Liabilities and Maximum Exposure to Loss of Ambac's Variable Interests in Non-Consolidated Variable Interest Entities (Details) - USD ($)
$ in Millions
Sep. 30, 2020
Dec. 31, 2019
Variable Interest Entities [Line Items]    
Maximum Exposure To Loss $ 28,881 $ 31,506
Insurance Assets 2,361 2,247
Insurance Liabilities 1,177 1,083
Derivative Liabilities 7  
Variable Interest Entity, Primary Beneficiary [Member]    
Variable Interest Entities [Line Items]    
Derivative Liabilities   7
Global Public Finance [Member]    
Variable Interest Entities [Line Items]    
Maximum Exposure To Loss 22,183 23,341
Insurance Assets 268 287
Insurance Liabilities 316 321
Derivative Liabilities (1) 0
Global Structured Finance [Member]    
Variable Interest Entities [Line Items]    
Maximum Exposure To Loss 6,698 8,165
Insurance Assets 2,093 1,961
Insurance Liabilities 860 762
Derivative Liabilities 8 8
Global Structured Finance [Member] | Residential Mortgage-Backed Securities [Member]    
Variable Interest Entities [Line Items]    
Maximum Exposure To Loss 4,535 5,373
Insurance Assets 2,063 1,913
Insurance Liabilities 604 523
Derivative Liabilities 0 0
Global Structured Finance [Member] | Other Consumer Asset-Backed [Member]    
Variable Interest Entities [Line Items]    
Maximum Exposure To Loss 1,120 1,373
Insurance Assets 26 31
Insurance Liabilities 240 216
Derivative Liabilities 0 0
Global Structured Finance [Member] | Other Commercial Asset-Backed [Member]    
Variable Interest Entities [Line Items]    
Maximum Exposure To Loss 52 314
Insurance Assets 3 9
Insurance Liabilities 1 6
Derivative Liabilities 0 0
Global Structured Finance [Member] | Other [Member]    
Variable Interest Entities [Line Items]    
Maximum Exposure To Loss 991 1,107
Insurance Assets 0 7
Insurance Liabilities 15 18
Derivative Liabilities $ 8 $ 8