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Investments - Summary of Amortized Cost and Estimated Fair Value of Available-for-Sale Investments, Excluding VIE Investments Held by Successor Ambac, by Contractual Maturity (Details) - USD ($)
$ in Millions
Jun. 30, 2021
Dec. 31, 2020
Debt Securities, Available-for-sale [Line Items]    
Debt Securities, Available-for-sale, Amortized Cost $ 2,651  
Fixed maturity securities, at fair value 2,789  
Amortized Cost, Due in one year or less 581  
Amortized Cost, Due after one year through five years 906  
Amortized Cost, Due after five years through ten years 434  
Amortized Cost, Due after ten years 169  
Amortized Cost, Total 2,090  
Estimated Fair Value, Due in one year or less 581  
Estimated Fair Value, Due after one year through five years 913  
Estimated Fair Value, Due after five years through ten years 445  
Estimated Fair Value, Due after ten years 194  
Estimated Fair Value due, Total 2,133  
Fixed Income Securities [Member]    
Debt Securities, Available-for-sale [Line Items]    
Fixed maturity securities, at fair value 2,253 $ 2,317
Fixed Income Securities [Member] | Residential Mortgage-Backed Securities [Member]    
Debt Securities, Available-for-sale [Line Items]    
Debt Securities, Available-for-sale, Amortized Cost 190  
Fixed maturity securities, at fair value 245 302
Fixed Income Securities [Member] | Collateralized Debt Obligations [Member]    
Debt Securities, Available-for-sale [Line Items]    
Debt Securities, Available-for-sale, Amortized Cost 111  
Fixed maturity securities, at fair value 111 74
Fixed Income Securities [Member] | Asset-backed Securities [Member]    
Debt Securities, Available-for-sale [Line Items]    
Debt Securities, Available-for-sale, Amortized Cost 260  
Fixed maturity securities, at fair value $ 301 $ 303