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Financial Guarantee Insurance Contracts - Summary of Information Related to Policies Currently Included in Ambac's Loss Reserves or Subrogation Recoverable (Detail)
$ in Millions
12 Months Ended
Dec. 31, 2020
USD ($)
Policies
Dec. 31, 2019
USD ($)
Policies
Dec. 31, 2018
USD ($)
Schedule of Insured Financial Obligations with Credit Deterioration [Line Items]      
Number of policies | Policies 232 221  
Remaining weighted-average contract period (in years) 14 years 15 years  
Gross insured contractual payments outstanding:      
Principal $ 7,573 $ 6,168  
Interest 3,443 3,029  
Total 11,016 9,197  
Gross undiscounted claim liability 2,395 2,434  
Discount, gross claim liability 303 541  
Gross claim liability before all subrogation and before reinsurance 2,092 1,893  
Less:      
Gross RMBS subrogation (1,753) (1,777)  
Discount, RMBS subrogation 3 49  
Schedule Of Insured Financial Obligations With Credit Deterioration Reductions Of Gross Claim Liability Rmbs Subrogation (1,751) (1,727)  
Less:      
Gross other subrogation (755) (720)  
Discount, other subrogation 20 53  
Discounted other subrogation, before reinsurance (735) (666)  
Gross claim liability, net of all subrogation and discounts, before reinsurance (394) (501)  
Less: Unearned premium reserves (72) (54)  
Plus: Loss adjustment expenses reserves 68 73  
Claim liability reported on Balance Sheet, before reinsurance (397) (482)  
Reinsurance recoverable reported on Balance Sheet 33 26  
Ceded Loss And Loss Expenses Paid Not Yet Recovered $ 1 $ 0 $ 1
Loss Reserves [Member]      
Less:      
Weighted average risk-free rate used to discount loss reserves 1.10% 2.10%  
Surveillance Category One [Member]      
Schedule of Insured Financial Obligations with Credit Deterioration [Line Items]      
Number of policies | Policies 40 34  
Remaining weighted-average contract period (in years) 10 years 8 years  
Gross insured contractual payments outstanding:      
Principal $ 842 $ 668  
Interest 279 340  
Total 1,121 1,007  
Gross undiscounted claim liability 3 2  
Discount, gross claim liability 0 0  
Gross claim liability before all subrogation and before reinsurance 3 2  
Less:      
Gross RMBS subrogation 0 0  
Discount, RMBS subrogation 0 0  
Schedule Of Insured Financial Obligations With Credit Deterioration Reductions Of Gross Claim Liability Rmbs Subrogation 0 0  
Less:      
Gross other subrogation 0 0  
Discount, other subrogation 0 0  
Discounted other subrogation, before reinsurance 0 0  
Gross claim liability, net of all subrogation and discounts, before reinsurance 3 2  
Less: Unearned premium reserves (2) (1)  
Plus: Loss adjustment expenses reserves 1 1  
Claim liability reported on Balance Sheet, before reinsurance 2 1  
Reinsurance recoverable reported on Balance Sheet $ 0 $ 0  
IA [Member]      
Schedule of Insured Financial Obligations with Credit Deterioration [Line Items]      
Number of policies | Policies 25 18  
Remaining weighted-average contract period (in years) 18 years 21 years  
Gross insured contractual payments outstanding:      
Principal $ 1,375 $ 510  
Interest 1,011 507  
Total 2,386 1,016  
Gross undiscounted claim liability 49 44  
Discount, gross claim liability 2 5  
Gross claim liability before all subrogation and before reinsurance 47 39  
Less:      
Gross RMBS subrogation 0 0  
Discount, RMBS subrogation 0 0  
Schedule Of Insured Financial Obligations With Credit Deterioration Reductions Of Gross Claim Liability Rmbs Subrogation 0 0  
Less:      
Gross other subrogation 0 0  
Discount, other subrogation 0 0  
Discounted other subrogation, before reinsurance 0 0  
Gross claim liability, net of all subrogation and discounts, before reinsurance 47 39  
Less: Unearned premium reserves (16) (9)  
Plus: Loss adjustment expenses reserves 2 1  
Claim liability reported on Balance Sheet, before reinsurance 32 30  
Reinsurance recoverable reported on Balance Sheet $ 6 $ 6  
II [Member]      
Schedule of Insured Financial Obligations with Credit Deterioration [Line Items]      
Number of policies | Policies 15 11  
Remaining weighted-average contract period (in years) 8 years 9 years  
Gross insured contractual payments outstanding:      
Principal $ 595 $ 277  
Interest 484 128  
Total 1,079 404  
Gross undiscounted claim liability 40 21  
Discount, gross claim liability 1 1  
Gross claim liability before all subrogation and before reinsurance 40 20  
Less:      
Gross RMBS subrogation 0 0  
Discount, RMBS subrogation 0 0  
Schedule Of Insured Financial Obligations With Credit Deterioration Reductions Of Gross Claim Liability Rmbs Subrogation 0 0  
Less:      
Gross other subrogation 0 0  
Discount, other subrogation 0 0  
Discounted other subrogation, before reinsurance 0 0  
Gross claim liability, net of all subrogation and discounts, before reinsurance 39 20  
Less: Unearned premium reserves (5) (1)  
Plus: Loss adjustment expenses reserves 1 1  
Claim liability reported on Balance Sheet, before reinsurance 35 20  
Reinsurance recoverable reported on Balance Sheet $ 9 $ 7  
III [Member]      
Schedule of Insured Financial Obligations with Credit Deterioration [Line Items]      
Number of policies | Policies 15 16  
Remaining weighted-average contract period (in years) 16 years 17 years  
Gross insured contractual payments outstanding:      
Principal $ 1,469 $ 857  
Interest 215 366  
Total 1,685 1,223  
Gross undiscounted claim liability 541 541  
Discount, gross claim liability 85 152  
Gross claim liability before all subrogation and before reinsurance 456 389  
Less:      
Gross RMBS subrogation 0 0  
Discount, RMBS subrogation 0 0  
Schedule Of Insured Financial Obligations With Credit Deterioration Reductions Of Gross Claim Liability Rmbs Subrogation 0 0  
Less:      
Gross other subrogation (36) (41)  
Discount, other subrogation 1 4  
Discounted other subrogation, before reinsurance (35) (37)  
Gross claim liability, net of all subrogation and discounts, before reinsurance 421 353  
Less: Unearned premium reserves (17) (7)  
Plus: Loss adjustment expenses reserves 5 4  
Claim liability reported on Balance Sheet, before reinsurance 409 349  
Reinsurance recoverable reported on Balance Sheet $ 24 $ 24  
IV [Member]      
Schedule of Insured Financial Obligations with Credit Deterioration [Line Items]      
Number of policies | Policies 132 139  
Remaining weighted-average contract period (in years) 14 years 14 years  
Gross insured contractual payments outstanding:      
Principal $ 3,246 $ 3,819  
Interest 1,427 1,678  
Total 4,673 5,498  
Gross undiscounted claim liability 1,690 1,778  
Discount, gross claim liability 213 381  
Gross claim liability before all subrogation and before reinsurance 1,477 1,397  
Less:      
Gross RMBS subrogation (1,753) (1,777)  
Discount, RMBS subrogation 3 49  
Schedule Of Insured Financial Obligations With Credit Deterioration Reductions Of Gross Claim Liability Rmbs Subrogation (1,751) (1,727)  
Less:      
Gross other subrogation (706) (666)  
Discount, other subrogation 18 47  
Discounted other subrogation, before reinsurance (689) (620)  
Gross claim liability, net of all subrogation and discounts, before reinsurance (963) (950)  
Less: Unearned premium reserves (30) (35)  
Plus: Loss adjustment expenses reserves 59 67  
Claim liability reported on Balance Sheet, before reinsurance (933) (918)  
Reinsurance recoverable reported on Balance Sheet $ (6) $ (10)  
V [Member]      
Schedule of Insured Financial Obligations with Credit Deterioration [Line Items]      
Number of policies | Policies 5 3  
Remaining weighted-average contract period (in years) 7 years 3 years  
Gross insured contractual payments outstanding:      
Principal $ 47 $ 37  
Interest 26 11  
Total 72 48  
Gross undiscounted claim liability 72 48  
Discount, gross claim liability 3 2  
Gross claim liability before all subrogation and before reinsurance 69 46  
Less:      
Gross RMBS subrogation 0 0  
Discount, RMBS subrogation 0 0  
Schedule Of Insured Financial Obligations With Credit Deterioration Reductions Of Gross Claim Liability Rmbs Subrogation 0 0  
Less:      
Gross other subrogation (12) (13)  
Discount, other subrogation 1 3  
Discounted other subrogation, before reinsurance (11) (10)  
Gross claim liability, net of all subrogation and discounts, before reinsurance 58 36  
Less: Unearned premium reserves (1) 0  
Plus: Loss adjustment expenses reserves 0 0  
Claim liability reported on Balance Sheet, before reinsurance 57 36  
Reinsurance recoverable reported on Balance Sheet $ 0 $ 0