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Intangible Assets (Tables)
3 Months Ended
Mar. 31, 2021
Finite-Lived Intangible Assets [Line Items]  
Finite-lived Intangible Assets Amortization Expense
Amortization expense is included in the Consolidated Statements of Total Comprehensive Income (Loss), as shown below.
Three Months Ended March 31,20212020
Insurance amortization expense$19 $13 
Other amortization expense1 — 
Total$19 $13 
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense
The estimated future amortization expense for intangible assets is as follows:
Amortization expense
Insurance Intangible Asset (1) (2)
Other Intangible AssetsTotal
2021 (Nine months)$28 $2 $30 
202235 3 37 
202331 3 34 
202429 3 31 
202526 3 29 
Thereafter207 22 229 
(1)The insurance intangible asset will be amortized using a level-yield method based on par exposure of the related financial guarantee insurance or reinsurance contracts. Future amortization considers the use of contractual lives for many bond types which do not have homogeneous pools of underlying collateral. Actual maturities will differ from contractual maturities because borrowers have the right to call or prepay certain obligations. If those obligations are retired early, amortization expense may differ in the period of call or refinancing. from the amounts provided in the table above.
(2)The weighted-average insurance intangible amortization period is 7.4 years.
Insurance Intangible Asset [Member]  
Finite-Lived Intangible Assets [Line Items]  
Schedule of Finite-Lived Intangible Assets
The insurance intangible asset and accumulated amortization are included in the Consolidated Balance Sheets, as shown below.
March 31,
2021
December 31,
2020
Gross carrying value of insurance intangible asset$1,282 $1,281 
Accumulated amortization of insurance intangible asset927 908 
Net insurance intangible asset$356 373