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Investments - Summary of Gross Unrealized Losses and Fair Values of Ambac's Available-for-Sale Investments (Details) - USD ($)
$ in Millions
Mar. 31, 2021
Dec. 31, 2020
Debt Securities, Available-for-sale [Line Items]    
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, Less than 12 Months $ 638 $ 816
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss 17 7
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, 12 Months or Longer 31 25
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss 0 0
Debt Securities, Available-for-sale, Unrealized Loss Position 669 841
Debt Securities, Available-for-sale, Accumulated Gross Unrealized Loss, before Tax 17 8
Short-term Investments [Member]    
Debt Securities, Available-for-sale [Line Items]    
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, Less than 12 Months 157 187
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss 0 0
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, 12 Months or Longer 0 0
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss 0 0
Debt Securities, Available-for-sale, Unrealized Loss Position 157 187
Debt Securities, Available-for-sale, Accumulated Gross Unrealized Loss, before Tax 0 0
Fixed Income Investments And Other Investments [Member]    
Debt Securities, Available-for-sale [Line Items]    
Debt Securities, Available-for-sale, Accumulated Gross Unrealized Loss, before Tax 17 8
Fixed Income Securities [Member]    
Debt Securities, Available-for-sale [Line Items]    
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, Less than 12 Months 481 629
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss 17 7
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, 12 Months or Longer 31 25
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss 0 0
Debt Securities, Available-for-sale, Unrealized Loss Position 512 654
Debt Securities, Available-for-sale, Accumulated Gross Unrealized Loss, before Tax 17 8
Fixed Income Securities [Member] | Municipal Bonds [Member]    
Debt Securities, Available-for-sale [Line Items]    
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, Less than 12 Months 19 25
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss 0 0
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, 12 Months or Longer 16 6
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss 0 0
Debt Securities, Available-for-sale, Unrealized Loss Position 35 31
Debt Securities, Available-for-sale, Accumulated Gross Unrealized Loss, before Tax 0 0
Fixed Income Securities [Member] | Corporate Debt Securities [Member]    
Debt Securities, Available-for-sale [Line Items]    
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, Less than 12 Months 339 543
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss 13 6
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, 12 Months or Longer 0 0
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss 0 0
Debt Securities, Available-for-sale, Unrealized Loss Position 339 543
Debt Securities, Available-for-sale, Accumulated Gross Unrealized Loss, before Tax 13 6
Fixed Income Securities [Member] | Debt Security, Government, Non-US [Member]    
Debt Securities, Available-for-sale [Line Items]    
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, Less than 12 Months 70 3
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss 1 0
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, 12 Months or Longer 0 0
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss 0 0
Debt Securities, Available-for-sale, Unrealized Loss Position 70 3
Debt Securities, Available-for-sale, Accumulated Gross Unrealized Loss, before Tax 1 0
Fixed Income Securities [Member] | US Government Debt Securities [Member]    
Debt Securities, Available-for-sale [Line Items]    
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, Less than 12 Months 25 17
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss 2 1
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, 12 Months or Longer 0 0
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss 0 0
Debt Securities, Available-for-sale, Unrealized Loss Position 25 17
Debt Securities, Available-for-sale, Accumulated Gross Unrealized Loss, before Tax 2 1
Fixed Income Securities [Member] | Residential Mortgage-Backed Securities [Member]    
Debt Securities, Available-for-sale [Line Items]    
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, Less than 12 Months 15 14
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss 0 0
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, 12 Months or Longer 2 0
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss 0 0
Debt Securities, Available-for-sale, Unrealized Loss Position 17 14
Debt Securities, Available-for-sale, Accumulated Gross Unrealized Loss, before Tax 0 0
Fixed Income Securities [Member] | Collateralized Debt Obligations [Member]    
Debt Securities, Available-for-sale [Line Items]    
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, Less than 12 Months 13 27
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss 0 0
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, 12 Months or Longer 13 15
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss 0 0
Debt Securities, Available-for-sale, Unrealized Loss Position 26 42
Debt Securities, Available-for-sale, Accumulated Gross Unrealized Loss, before Tax 0 0
Fixed Income Securities [Member] | Asset-backed Securities [Member]    
Debt Securities, Available-for-sale [Line Items]    
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, Less than 12 Months 0 0
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss 0 0
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, 12 Months or Longer 0 4
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss 0 0
Debt Securities, Available-for-sale, Unrealized Loss Position 0 4
Debt Securities, Available-for-sale, Accumulated Gross Unrealized Loss, before Tax 0 0
Collateral Pledged [Member] | Fixed Income Securities [Member]    
Debt Securities, Available-for-sale [Line Items]    
Debt Securities, Available-for-sale, Accumulated Gross Unrealized Loss, before Tax 0 0
Collateral Pledged [Member] | Fixed Income Securities [Member] | Short-term Investments [Member]    
Debt Securities, Available-for-sale [Line Items]    
Debt Securities, Available-for-sale, Accumulated Gross Unrealized Loss, before Tax $ 0 $ 0