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Fair Value Measurements - Summary of Carrying Amount and Fair Value of Ambac's Financial Assets and Liabilities (Details) - USD ($)
$ in Millions
Sep. 30, 2020
Dec. 31, 2019
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items]    
Fixed income securities, at fair value $ 3,048  
Financial assets:    
Derivative assets 95 $ 75
Other assets 2 3
Long-term Debt 2,737 2,822
Financial liabilities:    
Derivative liabilities 126 90
Short-term Investments [Member]    
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items]    
Fixed income securities, at fair value 586 653
Total Fair Value [Member]    
Financial assets:    
Cash 48 79
Reported Value Measurement [Member]    
Financial assets:    
Other investments 60 136
Cash 48 79
Loans 3 10
Other assets 2 3
Total financial assets 9,696 10,242
Financial liabilities:    
Liabilities for net financial guarantees written (744) (863)
Long-term debt 3,236 3,262
Total financial liabilities 8,558 8,699
Reported Value Measurement [Member] | Short-term Investments [Member]    
Financial assets:    
Short term investments 586 653
Reported Value Measurement [Member] | Other Debt Obligations [Member]    
Financial assets:    
Other investments 502 478
Reported Value Measurement [Member] | Interest Rate Swap [Member]    
Financial liabilities:    
Derivative liabilities 125 89
Reported Value Measurement [Member] | Other Credit Derivatives [Member]    
Financial liabilities:    
Derivative liabilities 1  
Other Assets [Member] | Reported Value Measurement [Member] | Interest Rate Swap [Member]    
Financial assets:    
Derivative assets 95 75
Level 1 [Member]    
Financial assets:    
Cash 39 70
Total financial assets 965 1,091
Financial liabilities:    
Liabilities for net financial guarantees written 0 0
Long-term debt 0 0
Total financial liabilities 0 0
Level 1 [Member] | Short-term Investments [Member]    
Financial assets:    
Short term investments 509 598
Level 1 [Member] | Equity Method Investments [Member]    
Financial assets:    
Other assets 0 0
Level 1 [Member] | Loans Receivable [Member]    
Financial assets:    
Loans 0 0
Level 1 [Member] | Other Debt Obligations [Member]    
Financial assets:    
Other investments 62 136
Level 1 [Member] | Interest Rate Swap [Member]    
Financial liabilities:    
Derivative liabilities 0 0
Level 1 [Member] | Other Credit Derivatives [Member]    
Financial liabilities:    
Derivative liabilities 0  
Level 1 [Member] | Other Assets [Member] | Interest Rate Swap [Member]    
Financial assets:    
Derivative assets 0 0
Level 2 [Member]    
Financial assets:    
Cash 9 9
Total financial assets 2,312 2,593
Financial liabilities:    
Liabilities for net financial guarantees written 0 0
Long-term debt 2,679 2,829
Total financial liabilities 8,601 8,983
Level 2 [Member] | Short-term Investments [Member]    
Financial assets:    
Short term investments 77 55
Level 2 [Member] | Equity Method Investments [Member]    
Financial assets:    
Other assets 0 0
Level 2 [Member] | Loans Receivable [Member]    
Financial assets:    
Loans 0 0
Level 2 [Member] | Other Debt Obligations [Member]    
Financial assets:    
Other investments 0 0
Level 2 [Member] | Interest Rate Swap [Member]    
Financial liabilities:    
Derivative liabilities 125 89
Level 2 [Member] | Other Credit Derivatives [Member]    
Financial liabilities:    
Derivative liabilities 0  
Level 2 [Member] | Other Assets [Member] | Interest Rate Swap [Member]    
Financial assets:    
Derivative assets 9 8
Level 3 [Member]    
Financial assets:    
Cash 0 0
Total financial assets 6,013 6,281
Financial liabilities:    
Liabilities for net financial guarantees written 436 284
Long-term debt 377 445
Total financial liabilities 968 889
Level 3 [Member] | Short-term Investments [Member]    
Financial assets:    
Short term investments 0 0
Level 3 [Member] | Equity Method Investments [Member]    
Financial assets:    
Other assets 2 3
Level 3 [Member] | Loans Receivable [Member]    
Financial assets:    
Loans 3 13
Level 3 [Member] | Other Debt Obligations [Member]    
Financial assets:    
Other investments 35 61
Level 3 [Member] | Interest Rate Swap [Member]    
Financial liabilities:    
Derivative liabilities 0 0
Level 3 [Member] | Other Credit Derivatives [Member]    
Financial liabilities:    
Derivative liabilities 1  
Level 3 [Member] | Other Assets [Member] | Interest Rate Swap [Member]    
Financial assets:    
Derivative assets 86 67
Commercial Mortgage Backed Securities [Member] | Reported Value Measurement [Member]    
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items]    
Fixed income securities, at fair value   50
Municipal Bonds [Member] | Reported Value Measurement [Member]    
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items]    
Fixed income securities, at fair value 351 215
Corporate Debt Securities [Member] | Reported Value Measurement [Member]    
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items]    
Fixed income securities, at fair value 1,091 1,430
Debt Security, Government, Non-US [Member] | Reported Value Measurement [Member]    
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items]    
Fixed income securities, at fair value 77 44
US Government Debt Securities [Member] | Reported Value Measurement [Member]    
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items]    
Fixed income securities, at fair value 122 156
Residential Mortgage-Backed Securities [Member] | Reported Value Measurement [Member]    
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items]    
Fixed income securities, at fair value 296 248
Collateralized Debt Obligations [Member] | Reported Value Measurement [Member]    
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items]    
Fixed income securities, at fair value 73 146
Asset-backed Securities [Member] | Reported Value Measurement [Member]    
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items]    
Fixed income securities, at fair value 300 287
Fair Value, Recurring [Member]    
Financial assets:    
Total financial assets 9,682 10,260
Financial liabilities:    
Liabilities for net financial guarantees written 436 284
Long-term debt 3,056 3,274
Total financial liabilities 9,569 9,872
Fair Value, Recurring [Member] | Commercial Mortgage Backed Securities [Member]    
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items]    
Fixed income securities, at fair value   50
Fair Value, Recurring [Member] | Short-term Investments [Member]    
Financial assets:    
Short term investments 586 653
Fair Value, Recurring [Member] | Equity Method Investments [Member]    
Financial assets:    
Other assets 2 3
Fair Value, Recurring [Member] | Loans Receivable [Member]    
Financial assets:    
Loans 3 13
Fair Value, Recurring [Member] | Other Debt Obligations [Member]    
Financial assets:    
Other investments 488 493
Fair Value, Recurring [Member] | Asset-backed Securities [Member]    
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items]    
Fixed income securities, at fair value 300 287
Fair Value, Recurring [Member] | Collateralized Debt Obligations [Member]    
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items]    
Fixed income securities, at fair value 73 146
Fair Value, Recurring [Member] | Residential Mortgage-Backed Securities [Member]    
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items]    
Fixed income securities, at fair value 296 248
Fair Value, Recurring [Member] | US Government Debt Securities [Member]    
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items]    
Fixed income securities, at fair value 122 156
Fair Value, Recurring [Member] | Debt Security, Government, Non-US [Member]    
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items]    
Fixed income securities, at fair value 77 44
Fair Value, Recurring [Member] | Corporate Debt Securities [Member]    
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items]    
Fixed income securities, at fair value 1,091 1,430
Fair Value, Recurring [Member] | Municipal Bonds [Member]    
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items]    
Fixed income securities, at fair value 351 215
Fair Value, Recurring [Member] | Interest Rate Swap [Member]    
Financial liabilities:    
Derivative liabilities 125 89
Fair Value, Recurring [Member] | Other Credit Derivatives [Member]    
Financial liabilities:    
Derivative liabilities 1  
Fair Value, Recurring [Member] | Other Assets [Member] | Interest Rate Swap [Member]    
Financial assets:    
Derivative assets 95 75
Fair Value, Recurring [Member] | Level 1 [Member] | Commercial Mortgage Backed Securities [Member]    
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items]    
Fixed income securities, at fair value   0
Fair Value, Recurring [Member] | Level 1 [Member] | Asset-backed Securities [Member]    
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items]    
Fixed income securities, at fair value 0 0
Fair Value, Recurring [Member] | Level 1 [Member] | Collateralized Debt Obligations [Member]    
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items]    
Fixed income securities, at fair value 0 0
Fair Value, Recurring [Member] | Level 1 [Member] | Residential Mortgage-Backed Securities [Member]    
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items]    
Fixed income securities, at fair value 0 0
Fair Value, Recurring [Member] | Level 1 [Member] | US Government Debt Securities [Member]    
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items]    
Fixed income securities, at fair value 122 156
Fair Value, Recurring [Member] | Level 1 [Member] | Debt Security, Government, Non-US [Member]    
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items]    
Fixed income securities, at fair value 77 44
Fair Value, Recurring [Member] | Level 1 [Member] | Corporate Debt Securities [Member]    
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items]    
Fixed income securities, at fair value 2 0
Fair Value, Recurring [Member] | Level 1 [Member] | Municipal Bonds [Member]    
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items]    
Fixed income securities, at fair value 0 0
Fair Value, Recurring [Member] | Level 2 [Member] | Commercial Mortgage Backed Securities [Member]    
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items]    
Fixed income securities, at fair value   50
Fair Value, Recurring [Member] | Level 2 [Member] | Asset-backed Securities [Member]    
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items]    
Fixed income securities, at fair value 225 215
Fair Value, Recurring [Member] | Level 2 [Member] | Collateralized Debt Obligations [Member]    
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items]    
Fixed income securities, at fair value 73 146
Fair Value, Recurring [Member] | Level 2 [Member] | Residential Mortgage-Backed Securities [Member]    
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items]    
Fixed income securities, at fair value 296 248
Fair Value, Recurring [Member] | Level 2 [Member] | US Government Debt Securities [Member]    
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items]    
Fixed income securities, at fair value 0 0
Fair Value, Recurring [Member] | Level 2 [Member] | Debt Security, Government, Non-US [Member]    
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items]    
Fixed income securities, at fair value 0 0
Fair Value, Recurring [Member] | Level 2 [Member] | Corporate Debt Securities [Member]    
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items]    
Fixed income securities, at fair value 1,089 1,430
Fair Value, Recurring [Member] | Level 2 [Member] | Municipal Bonds [Member]    
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items]    
Fixed income securities, at fair value 351 215
Fair Value, Recurring [Member] | Level 3 [Member] | Commercial Mortgage Backed Securities [Member]    
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items]    
Fixed income securities, at fair value   0
Fair Value, Recurring [Member] | Level 3 [Member] | Asset-backed Securities [Member]    
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items]    
Fixed income securities, at fair value 75 72
Fair Value, Recurring [Member] | Level 3 [Member] | Collateralized Debt Obligations [Member]    
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items]    
Fixed income securities, at fair value 0 0
Fair Value, Recurring [Member] | Level 3 [Member] | Residential Mortgage-Backed Securities [Member]    
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items]    
Fixed income securities, at fair value 0 0
Fair Value, Recurring [Member] | Level 3 [Member] | US Government Debt Securities [Member]    
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items]    
Fixed income securities, at fair value 0 0
Fair Value, Recurring [Member] | Level 3 [Member] | Debt Security, Government, Non-US [Member]    
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items]    
Fixed income securities, at fair value 0 0
Fair Value, Recurring [Member] | Level 3 [Member] | Corporate Debt Securities [Member]    
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items]    
Fixed income securities, at fair value 0 0
Fair Value, Recurring [Member] | Level 3 [Member] | Municipal Bonds [Member]    
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items]    
Fixed income securities, at fair value 0 0
Collateral Pledged [Member] | Short-term Investments [Member]    
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items]    
Fixed income securities, at fair value   85
Collateral Pledged [Member] | Short-term Investments [Member] | Reported Value Measurement [Member]    
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items]    
Fixed income securities, at fair value 152 85
Collateral Pledged [Member] | Fair Value, Recurring [Member] | Short-term Investments [Member]    
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items]    
Fixed income securities, at fair value 152 85
Collateral Pledged [Member] | Fair Value, Recurring [Member] | Level 1 [Member] | Short-term Investments [Member]    
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items]    
Fixed income securities, at fair value 152 85
Collateral Pledged [Member] | Fair Value, Recurring [Member] | Level 2 [Member] | Short-term Investments [Member]    
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items]    
Fixed income securities, at fair value 0 0
Collateral Pledged [Member] | Fair Value, Recurring [Member] | Level 3 [Member] | Short-term Investments [Member]    
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items]    
Fixed income securities, at fair value 0 0
Variable Interest Entity, Primary Beneficiary [Member]    
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items]    
Fixed income securities, at fair value 3,160 3,121
Financial assets:    
Loans 2,783 3,108
Derivative assets 53 52
Long-term Debt 4,169 4,554
Financial liabilities:    
Derivative liabilities 1,771 1,657
Long-term debt 4,002 4,351
Variable Interest Entity, Primary Beneficiary [Member] | Corporate Debt Securities [Member]    
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items]    
Fixed income securities, at fair value 3,029 2,957
Variable Interest Entity, Primary Beneficiary [Member] | Municipal Bonds [Member]    
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items]    
Fixed income securities, at fair value 131 164
Variable Interest Entity, Primary Beneficiary [Member] | Reported Value Measurement [Member]    
Financial assets:    
Restricted Cash and Cash Equivalents, Current 2 2
Loans 2,783 3,108
Financial liabilities:    
Long-term debt 4,169 4,554
Variable Interest Entity, Primary Beneficiary [Member] | Reported Value Measurement [Member] | Corporate Debt Securities [Member]    
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items]    
Fixed income securities, at fair value 3,029 2,957
Variable Interest Entity, Primary Beneficiary [Member] | Reported Value Measurement [Member] | Municipal Bonds [Member]    
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items]    
Fixed income securities, at fair value 131 164
Variable Interest Entity, Primary Beneficiary [Member] | Reported Value Measurement [Member] | Interest Rate Swap [Member]    
Financial liabilities:    
Derivative liabilities 1,771 1,657
Variable Interest Entity, Primary Beneficiary [Member] | Reported Value Measurement [Member] | Currency Swaps [Member]    
Financial assets:    
Derivative assets 53 52
Variable Interest Entity, Primary Beneficiary [Member] | Level 1 [Member]    
Financial assets:    
Restricted Cash and Cash Equivalents, Current 2 2
Loans 0 0
Financial liabilities:    
Long-term debt 0 0
Variable Interest Entity, Primary Beneficiary [Member] | Level 1 [Member] | Corporate Debt Securities [Member]    
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items]    
Fixed income securities, at fair value 0 0
Variable Interest Entity, Primary Beneficiary [Member] | Level 1 [Member] | Municipal Bonds [Member]    
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items]    
Fixed income securities, at fair value 0 0
Variable Interest Entity, Primary Beneficiary [Member] | Level 1 [Member] | Interest Rate Swap [Member]    
Financial liabilities:    
Derivative liabilities 0 0
Variable Interest Entity, Primary Beneficiary [Member] | Level 1 [Member] | Currency Swaps [Member]    
Financial assets:    
Derivative assets 0 0
Variable Interest Entity, Primary Beneficiary [Member] | Level 2 [Member]    
Financial assets:    
Restricted Cash and Cash Equivalents, Current 0 0
Loans 0 0
Financial liabilities:    
Long-term debt 4,026 4,408
Variable Interest Entity, Primary Beneficiary [Member] | Level 2 [Member] | Corporate Debt Securities [Member]    
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items]    
Fixed income securities, at fair value 0 0
Variable Interest Entity, Primary Beneficiary [Member] | Level 2 [Member] | Municipal Bonds [Member]    
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items]    
Fixed income securities, at fair value 131 164
Variable Interest Entity, Primary Beneficiary [Member] | Level 2 [Member] | Interest Rate Swap [Member]    
Financial liabilities:    
Derivative liabilities 1,771 1,657
Variable Interest Entity, Primary Beneficiary [Member] | Level 2 [Member] | Currency Swaps [Member]    
Financial assets:    
Derivative assets 53 52
Variable Interest Entity, Primary Beneficiary [Member] | Level 3 [Member]    
Financial assets:    
Restricted Cash and Cash Equivalents, Current 0 0
Loans 2,783 3,108
Financial liabilities:    
Long-term debt 153 159
Variable Interest Entity, Primary Beneficiary [Member] | Level 3 [Member] | Corporate Debt Securities [Member]    
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items]    
Fixed income securities, at fair value 3,029 2,957
Variable Interest Entity, Primary Beneficiary [Member] | Level 3 [Member] | Municipal Bonds [Member]    
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items]    
Fixed income securities, at fair value 0 0
Variable Interest Entity, Primary Beneficiary [Member] | Level 3 [Member] | Interest Rate Swap [Member]    
Financial liabilities:    
Derivative liabilities 0 0
Variable Interest Entity, Primary Beneficiary [Member] | Level 3 [Member] | Currency Swaps [Member]    
Financial assets:    
Derivative assets 0 0
Variable Interest Entity, Primary Beneficiary [Member] | Fair Value, Recurring [Member]    
Financial assets:    
Restricted Cash and Cash Equivalents, Current 2 2
Loans 2,783 3,108
Financial liabilities:    
Long-term debt 4,179 4,567
Variable Interest Entity, Primary Beneficiary [Member] | Fair Value, Recurring [Member] | Corporate Debt Securities [Member]    
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items]    
Fixed income securities, at fair value 3,029 2,957
Variable Interest Entity, Primary Beneficiary [Member] | Fair Value, Recurring [Member] | Municipal Bonds [Member]    
Fair Value Of Assets And Liabilities Measured On Non Recurring Basis [Line Items]    
Fixed income securities, at fair value 131 164
Variable Interest Entity, Primary Beneficiary [Member] | Fair Value, Recurring [Member] | Interest Rate Swap [Member]    
Financial liabilities:    
Derivative liabilities 1,771 1,657
Variable Interest Entity, Primary Beneficiary [Member] | Fair Value, Recurring [Member] | Currency Swaps [Member]    
Financial assets:    
Derivative assets $ 53 $ 52