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Variable Interest Entities Special Purpose Entities, including Variable Interest Entities - Summary of Assets and Liabilities (Details)
$ in Millions
Mar. 31, 2022
USD ($)
Entity
Dec. 31, 2021
USD ($)
Entity
Mar. 31, 2021
USD ($)
Debt Securities, Available-for-sale, Amortized Cost $ 2,005    
Fixed maturity securities, at fair value 2,036    
Restricted Cash 7 $ 5 $ 16
Derivative assets 55 76  
Other assets 94 68  
Total assets 11,531 12,303 12,840
Interest Payable 593 576  
Long-term debt 2,242 2,230  
Derivative Liability 76 95  
Other Liabilities 135 133  
Liabilities 10,538 11,187  
Debt Securities, Available-for-sale, Accumulated Gross Unrealized Gain, before Tax 73 141  
Ambac Assurance Corporation [Member] | Sitka AAC Note      
Long-term debt 1,155 1,154  
Variable Interest Entity, Primary Beneficiary [Member]      
Fixed maturity securities, at fair value 3,364 3,455  
Restricted Cash 49 2 $ 2
Financing Receivable, after Allowance for Credit Loss 2,469 2,718  
Derivative assets 42 38  
Other assets 1 2  
Total assets 5,925 6,216  
Long-term debt 3,701 4,056  
Long-term Debt, at par less amortized discount 422 160  
Long-term debt 4,124 4,216  
Derivative Liability 1,866 1,940  
Other Liabilities 3 0  
Liabilities 5,993 6,156  
Variable Interest Entity, Primary Beneficiary [Member] | Corporate Debt Securities [Member]      
Fixed maturity securities, at fair value 3,131 3,320  
Variable Interest Entity, Primary Beneficiary [Member] | Municipal Bonds [Member]      
Debt Securities, Available-for-sale, Amortized Cost 103 106  
Fixed maturity securities, at fair value 119 136  
Debt Securities, Available-for-sale, Accumulated Gross Unrealized Gain, before Tax 17 29  
Variable Interest Entity, Primary Beneficiary [Member] | US States and Political Subdivisions Debt Securities      
Fixed maturity securities, at fair value 114 0  
Variable Interest Entity, Primary Beneficiary [Member] | Ambac UK [Member]      
Fixed maturity securities, at fair value 3,131 3,320  
Restricted Cash 1 1  
Financing Receivable, after Allowance for Credit Loss 2,469 2,718  
Derivative assets 42 38  
Other assets 0 0  
Total assets 5,643 6,077  
Long-term debt 3,701 4,056  
Long-term Debt, at par less amortized discount 0 0  
Long-term debt 3,701 4,056  
Derivative Liability 1,866 1,940  
Other Liabilities 0 0  
Liabilities 5,568 5,996  
Variable Interest Entity, Primary Beneficiary [Member] | Ambac UK [Member] | Corporate Debt Securities [Member]      
Fixed maturity securities, at fair value 3,131 3,320  
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 UK [Member] | US States and Political Subdivisions Debt Securities      
Fixed maturity securities, at fair value 0 0  
Variable Interest Entity, Primary Beneficiary [Member] | Ambac Assurance [Member]      
Fixed maturity securities, at fair value 233 136  
Restricted Cash 48 1  
Financing Receivable, after Allowance for Credit Loss 0 0  
Derivative assets 0 0  
Other assets 1 2  
Total assets 283 139  
Long-term debt 0 0  
Long-term Debt, at par less amortized discount 422 160  
Long-term debt 422 160  
Derivative Liability 0 0  
Other Liabilities 3 0  
Liabilities 426 160  
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 119 136  
Variable Interest Entity, Primary Beneficiary [Member] | Ambac Assurance [Member] | US States and Political Subdivisions Debt Securities      
Fixed maturity securities, at fair value $ 114 $ 0  
Consolidated Entities [Member]      
Number Of Consolidated Variable Interest Entities | Entity 8 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 3 1