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Variable Interest Entities Special Purpose Entities, including Variable Interest Entities - Summary of Assets and Liabilities (Details)
$ in Millions
Mar. 31, 2021
USD ($)
Entity
Dec. 31, 2020
USD ($)
Entity
Mar. 31, 2020
USD ($)
Debt Securities, Available-for-sale, Amortized Cost $ 2,739    
Fixed maturity securities, at fair value 2,858    
Restricted Cash 16 $ 13 $ 31
Derivative assets 74 93  
Other assets 115 114  
Total assets 12,840 13,220  
Interest Payable 516 517  
Long-term debt 2,661 2,739  
Derivative Liability 86 114  
Other Liabilities 123 106  
Liabilities 11,697 12,074  
Debt Securities, Available-for-sale, Accumulated Gross Unrealized Gain, before Tax 136 149  
Variable Interest Entity, Primary Beneficiary [Member]      
Fixed maturity securities, at fair value 3,236 3,354  
Restricted Cash 2 2 $ 2
Financing Receivable, after Allowance for Credit Loss 2,948 2,998  
Derivative assets 38 41  
Other assets 1 2  
Total assets 6,225 6,398  
Long-term debt 4,264 4,324  
Long-term Debt, at par less amortized discount 163 169  
Long-term debt 4,427 4,493  
Derivative Liability 1,739 1,835  
Liabilities 6,166 6,328  
Variable Interest Entity, Primary Beneficiary [Member] | Corporate Debt Securities [Member]      
Fixed maturity securities, at fair value 3,103 3,215  
Variable Interest Entity, Primary Beneficiary [Member] | Municipal Bonds [Member]      
Debt Securities, Available-for-sale, Amortized Cost 109 113  
Fixed maturity securities, at fair value 133 139  
Debt Securities, Available-for-sale, Accumulated Gross Unrealized Gain, before Tax 23 27  
Variable Interest Entity, Primary Beneficiary [Member] | Ambac UK [Member]      
Fixed maturity securities, at fair value 3,103 3,215  
Restricted Cash 1 1  
Financing Receivable, after Allowance for Credit Loss 2,948 2,998  
Derivative assets 38 41  
Other assets 0 0  
Total assets 6,090 6,255  
Long-term debt 4,264 4,324  
Long-term Debt, at par less amortized discount 0 0  
Long-term debt 4,264 4,324  
Derivative Liability 1,739 1,835  
Liabilities 6,003 6,159  
Variable Interest Entity, Primary Beneficiary [Member] | Ambac UK [Member] | Corporate Debt Securities [Member]      
Fixed maturity securities, at fair value 3,103 3,215  
Variable Interest Entity, Primary Beneficiary [Member] | Ambac UK [Member] | Municipal Bonds [Member]      
Fixed maturity securities, at fair value 0 0  
Variable Interest Entity, Primary Beneficiary [Member] | Ambac Assurance [Member]      
Fixed maturity securities, at fair value 133 139  
Restricted Cash 1 1  
Financing Receivable, after Allowance for Credit Loss 0 0  
Derivative assets 0 0  
Other assets 1 2  
Total assets 135 143  
Long-term debt 0 0  
Long-term Debt, at par less amortized discount 163 169  
Long-term debt 163 169  
Derivative Liability 0 0  
Liabilities 163 169  
Variable Interest Entity, Primary Beneficiary [Member] | Ambac Assurance [Member] | Corporate Debt Securities [Member]      
Fixed maturity securities, at fair value 0 0  
Variable Interest Entity, Primary Beneficiary [Member] | Ambac Assurance [Member] | Municipal Bonds [Member]      
Fixed maturity securities, at fair value $ 133 $ 139  
Consolidated Entities [Member]      
Number Of Consolidated Variable Interest Entities | Entity 6 6  
Consolidated Entities [Member] | Ambac UK [Member]      
Number Of Consolidated Variable Interest Entities | Entity 5 5  
Consolidated Entities [Member] | Ambac Assurance [Member]      
Number Of Consolidated Variable Interest Entities | Entity 1 1