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Insurance Contracts - Summary of Information Related to Policies Currently Included in Ambac's Loss Reserves or Subrogation Recoverable (Details)
$ in Millions
6 Months Ended 12 Months Ended
Jun. 30, 2022
USD ($)
Policies
Dec. 31, 2021
USD ($)
Policies
Jun. 30, 2021
USD ($)
Schedule of Insured Financial Obligations with Credit Deterioration [Line Items]      
Ceded Loss And Loss Expenses Paid Not Yet Recovered     $ 1
Number of policies | Policies 197 205  
Remaining weighted-average contract period (in years) 13 years 14 years  
Gross insured contractual payments outstanding:      
Principal $ 4,871 $ 6,302  
Interest 1,890 2,984  
Total 6,761 9,286  
Gross undiscounted claim liability 1,553 2,095  
Discount, gross claim liability 440 303  
Gross claim liability before all subrogation and before reinsurance 1,112 1,792  
Less:      
Gross RMBS subrogation (1,531) (1,737)  
Discount, RMBS subrogation 47 7  
Discounted RMBS subrogation, before reinsurance (1,484) (1,730)  
Less:      
Gross other subrogation (361) (633)  
Discount, other subrogation 45 28  
Discounted other subrogation, before reinsurance (316) (605)  
Gross claim liability, net of all subrogation and discounts, before reinsurance (687) (543)  
Less: Unearned premium reserves (38) (56)  
Plus: Loss adjustment expenses reserves 34 45  
Claim liability reported on Balance Sheet, before reinsurance (691) (554)  
Reinsurance recoverable reported on Balance Sheet 14 23  
Financial Guarantee      
Schedule of Insured Financial Obligations with Credit Deterioration [Line Items]      
Ceded Loss And Loss Expenses Paid Not Yet Recovered 0    
Financial Guarantee      
Schedule of Insured Financial Obligations with Credit Deterioration [Line Items]      
Loss Reserves Ceded To Reinsurers 14 24  
Ceded Loss And Loss Expenses Paid Not Yet Recovered $ 0 $ 0  
I/SL [Member]      
Schedule of Insured Financial Obligations with Credit Deterioration [Line Items]      
Number of policies | Policies 30 34  
Remaining weighted-average contract period (in years) 8 years 9 years  
Gross insured contractual payments outstanding:      
Principal $ 922 $ 904  
Interest 515 589  
Total 1,437 1,493  
Gross undiscounted claim liability 6 5  
Discount, gross claim liability 0 0  
Gross claim liability before all subrogation and before reinsurance 6 5  
Less:      
Gross RMBS subrogation 0 0  
Discount, RMBS subrogation 0 0  
Discounted RMBS subrogation, before reinsurance 0 0  
Less:      
Gross other subrogation 0 0  
Discount, other subrogation 0 0  
Discounted other subrogation, before reinsurance 0 0  
Gross claim liability, net of all subrogation and discounts, before reinsurance 6 5  
Less: Unearned premium reserves (4) (3)  
Plus: Loss adjustment expenses reserves 0 1  
Claim liability reported on Balance Sheet, before reinsurance 3 3  
Reinsurance recoverable reported on Balance Sheet $ 1 $ 1  
IA [Member]      
Schedule of Insured Financial Obligations with Credit Deterioration [Line Items]      
Number of policies | Policies 9 15  
Remaining weighted-average contract period (in years) 19 years 12 years  
Gross insured contractual payments outstanding:      
Principal $ 241 $ 840  
Interest 210 612  
Total 451 1,452  
Gross undiscounted claim liability 5 16  
Discount, gross claim liability 1 1  
Gross claim liability before all subrogation and before reinsurance 4 15  
Less:      
Gross RMBS subrogation 0 0  
Discount, RMBS subrogation 0 0  
Discounted RMBS subrogation, before reinsurance 0 0  
Less:      
Gross other subrogation (5) (5)  
Discount, other subrogation 0 0  
Discounted other subrogation, before reinsurance (4) (5)  
Gross claim liability, net of all subrogation and discounts, before reinsurance 0 10  
Less: Unearned premium reserves (3) (10)  
Plus: Loss adjustment expenses reserves 0 0  
Claim liability reported on Balance Sheet, before reinsurance (3) 1  
Reinsurance recoverable reported on Balance Sheet $ 0 $ 1  
II [Member]      
Schedule of Insured Financial Obligations with Credit Deterioration [Line Items]      
Number of policies | Policies 8 7  
Remaining weighted-average contract period (in years) 14 years 14 years  
Gross insured contractual payments outstanding:      
Principal $ 464 $ 459  
Interest 297 308  
Total 760 767  
Gross undiscounted claim liability 44 45  
Discount, gross claim liability 6 3  
Gross claim liability before all subrogation and before reinsurance 38 42  
Less:      
Gross RMBS subrogation 0 0  
Discount, RMBS subrogation 0 0  
Discounted RMBS subrogation, before reinsurance 0 0  
Less:      
Gross other subrogation 0 0  
Discount, other subrogation 0 0  
Discounted other subrogation, before reinsurance 0 0  
Gross claim liability, net of all subrogation and discounts, before reinsurance 38 42  
Less: Unearned premium reserves (5) (5)  
Plus: Loss adjustment expenses reserves 0 0  
Claim liability reported on Balance Sheet, before reinsurance 34 38  
Reinsurance recoverable reported on Balance Sheet $ 9 $ 10  
III [Member]      
Schedule of Insured Financial Obligations with Credit Deterioration [Line Items]      
Number of policies | Policies 13 14  
Remaining weighted-average contract period (in years) 14 years 15 years  
Gross insured contractual payments outstanding:      
Principal $ 1,027 $ 1,300  
Interest 158 169  
Total 1,185 1,469  
Gross undiscounted claim liability 430 544  
Discount, gross claim liability 132 109  
Gross claim liability before all subrogation and before reinsurance 298 435  
Less:      
Gross RMBS subrogation 0 0  
Discount, RMBS subrogation 0 0  
Discounted RMBS subrogation, before reinsurance 0 0  
Less:      
Gross other subrogation (32) (33)  
Discount, other subrogation 4 2  
Discounted other subrogation, before reinsurance (28) (31)  
Gross claim liability, net of all subrogation and discounts, before reinsurance 270 404  
Less: Unearned premium reserves (9) (14)  
Plus: Loss adjustment expenses reserves 2 4  
Claim liability reported on Balance Sheet, before reinsurance 264 394  
Reinsurance recoverable reported on Balance Sheet $ 22 $ 22  
IV [Member]      
Schedule of Insured Financial Obligations with Credit Deterioration [Line Items]      
Number of policies | Policies 132 130  
Remaining weighted-average contract period (in years) 13 years 13 years  
Gross insured contractual payments outstanding:      
Principal $ 2,184 $ 2,759  
Interest 690 1,284  
Total 2,873 4,043  
Gross undiscounted claim liability 1,012 1,423  
Discount, gross claim liability 293 185  
Gross claim liability before all subrogation and before reinsurance 719 1,238  
Less:      
Gross RMBS subrogation (1,531) (1,737)  
Discount, RMBS subrogation 47 7  
Discounted RMBS subrogation, before reinsurance (1,484) (1,730)  
Less:      
Gross other subrogation (312) (583)  
Discount, other subrogation 38 24  
Discounted other subrogation, before reinsurance (274) (559)  
Gross claim liability, net of all subrogation and discounts, before reinsurance (1,040) (1,051)  
Less: Unearned premium reserves (17) (24)  
Plus: Loss adjustment expenses reserves 31 40  
Claim liability reported on Balance Sheet, before reinsurance (1,026) (1,036)  
Reinsurance recoverable reported on Balance Sheet $ (18) $ (11)  
V [Member]      
Schedule of Insured Financial Obligations with Credit Deterioration [Line Items]      
Number of policies | Policies 5 5  
Remaining weighted-average contract period (in years) 7 years 7 years  
Gross insured contractual payments outstanding:      
Principal $ 34 $ 40  
Interest 21 22  
Total 56 62  
Gross undiscounted claim liability 56 62  
Discount, gross claim liability 8 4  
Gross claim liability before all subrogation and before reinsurance 47 57  
Less:      
Gross RMBS subrogation 0 0  
Discount, RMBS subrogation 0 0  
Discounted RMBS subrogation, before reinsurance 0 0  
Less:      
Gross other subrogation (12) (12)  
Discount, other subrogation 3 2  
Discounted other subrogation, before reinsurance (9) (10)  
Gross claim liability, net of all subrogation and discounts, before reinsurance 38 47  
Less: Unearned premium reserves (1) (1)  
Plus: Loss adjustment expenses reserves 0 0  
Claim liability reported on Balance Sheet, before reinsurance 38 46  
Reinsurance recoverable reported on Balance Sheet $ 0 $ 0