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Variable Interest Entities Special Purpose Entities, including Variable Interest Entities - Summary of Assets and Liabilities (Details)
$ in Millions
Jun. 30, 2022
USD ($)
Entity
Dec. 31, 2021
USD ($)
Entity
Jun. 30, 2021
USD ($)
Debt Securities, Available-for-sale, Amortized Cost $ 1,979    
Fixed maturity securities, at fair value 1,947    
Restricted Cash 5 $ 5 $ 17
Derivative assets 40 76  
Other assets 83 68  
Total assets 10,061 12,303 12,907
Interest Payable 559 576  
Long-term debt 2,189 2,230  
Derivative Liability 61 95  
Other Liabilities 124 133  
Liabilities 9,198 11,187  
Debt Securities, Available-for-sale, Accumulated Gross Unrealized Gain, before Tax 39 141  
Ambac Assurance Corporation [Member] | Sitka AAC Note      
Long-term debt 1,156 1,154  
Variable Interest Entity, Primary Beneficiary [Member]      
Fixed maturity securities, at fair value 2,642 3,455  
Restricted Cash 2 2 $ 2
Financing Receivable, after Allowance for Credit Loss 2,144 2,718  
Derivative assets 51 38  
Other assets 2 2  
Total assets 4,841 6,216  
Long-term debt 3,184 4,056  
Long-term Debt, at par less amortized discount 155 160  
Long-term debt 3,340 4,216  
Derivative Liability 1,476 1,940  
Liabilities 4,816 6,156  
Variable Interest Entity, Primary Beneficiary [Member] | Corporate Debt Securities [Member]      
Fixed maturity securities, at fair value 2,533 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 109 136  
Debt Securities, Available-for-sale, Accumulated Gross Unrealized Gain, before Tax 6 29  
Variable Interest Entity, Primary Beneficiary [Member] | Ambac UK [Member]      
Fixed maturity securities, at fair value 2,533 3,320  
Restricted Cash 1 1  
Financing Receivable, after Allowance for Credit Loss 2,144 2,718  
Derivative assets 51 38  
Other assets 0 0  
Total assets 4,728 6,077  
Long-term debt 3,184 4,056  
Long-term Debt, at par less amortized discount 0 0  
Long-term debt 3,184 4,056  
Derivative Liability 1,476 1,940  
Liabilities 4,661 5,996  
Variable Interest Entity, Primary Beneficiary [Member] | Ambac UK [Member] | Corporate Debt Securities [Member]      
Fixed maturity securities, at fair value 2,533 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 Assurance [Member]      
Fixed maturity securities, at fair value 109 136  
Restricted Cash 1 1  
Financing Receivable, after Allowance for Credit Loss 0 0  
Derivative assets 0 0  
Other assets 2 2  
Total assets 113 139  
Long-term debt 0 0  
Long-term Debt, at par less amortized discount 155 160  
Long-term debt 155 160  
Derivative Liability 0 0  
Liabilities 156 160  
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 $ 109 $ 136  
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