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Segment Reporting (Details)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2022
USD ($)
Sep. 30, 2021
USD ($)
Sep. 30, 2022
USD ($)
level3FinancialInstruments
Sep. 30, 2021
USD ($)
Dec. 31, 2021
USD ($)
Segment Reporting, Revenue Reconciling Item [Line Items]          
Number of Reportable Segments | level3FinancialInstruments     3    
Revenues $ 80 $ 51 $ 286 $ 229  
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 342 19 352 21  
Provision for income taxes 2 2 4 15  
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest 340 17 348 6  
Premiums Earned, Net 11 11 39 36  
Net Investment Income 11 21 (6) 112  
Amortization of intangible assets 6 11 34 44  
Interest Expense 49 44 138 144  
Total assets 9,412 12,228 9,412 12,228 $ 12,303
Premiums Written, Net 0 (15) 21 (36)  
Derivative, Gain (Loss) on Derivative, Net 37 5 124 19  
Net realized gains (losses) on extinguishment of debt 0 0 57 33  
Insurance Commissions and Fees 7 7 22 20  
Other revenues, operating 14 7 50 9  
Losses and loss expenses (benefit) (353) (55) (341) (73)  
Other Cost and Expense, Operating 32 28 90 82  
Insurance Commissions 4 4 13 11  
Depreciation 0 0 1 1  
Benefits, Losses and Expenses (262) 32 (66) 208  
Net Income (Loss) Attributable to Nonredeemable Noncontrolling Interest   0 (1) (1)  
Net income attributable to common shareholders 340 17 347 5  
Financial Guarantee          
Segment Reporting, Revenue Reconciling Item [Line Items]          
Revenues 67 44 250 204  
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 349 27 362 35  
Premiums Earned, Net 7 11 31 36  
Net Investment Income 9 21 (9) 111  
Amortization of intangible assets 5 10 32 42  
Interest Expense 49 44 138 144  
Total assets 8,902 11,837 8,902 11,837  
Derivative, Gain (Loss) on Derivative, Net 37 5 123 19  
Net realized gains (losses) on extinguishment of debt   0 57 33  
Other revenues, operating 13 7 48 5  
Losses and loss expenses (benefit) (356) (55) (347) (73)  
Other Cost and Expense, Operating 20 18 64 56  
Depreciation 0 0 1 1  
Benefits, Losses and Expenses (282) 17 (112) 169  
Specialty Property & Casualty Program          
Segment Reporting, Revenue Reconciling Item [Line Items]          
Revenues 6 0 11 1  
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest (1) (2) (5) (4)  
Premiums Earned, Net 4 0 8 0  
Net Investment Income 0 0 1 1  
Total assets 259 113 259 113  
Other revenues, operating 1 0 2 0  
Losses and loss expenses (benefit) 3 0 5 0  
Other Cost and Expense, Operating 4 2 11 5  
Depreciation 0 0 0 0  
Benefits, Losses and Expenses 7 2 16 5  
Managing General Agency Underwriter          
Segment Reporting, Revenue Reconciling Item [Line Items]          
Revenues 7 7 22 20  
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 1 1 3 3  
Amortization of intangible assets 1 1 2 2  
Total assets 94 96 94 96  
Insurance Commissions and Fees 7 7 22 20  
Other revenues, operating 0 0 0 0  
Other Cost and Expense, Operating 1 1 4 4  
Insurance Commissions 4 4 13 11  
Depreciation 0 0 0 0  
Benefits, Losses and Expenses 6 6 19 17  
Corporate and Other          
Segment Reporting, Revenue Reconciling Item [Line Items]          
Revenues 1 0 2 4  
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest (6) (6) (8) (12)  
Net Investment Income 1 0 2 0  
Total assets 157 183 157 183  
Derivative, Gain (Loss) on Derivative, Net 0   1    
Other revenues, operating 0 0 0 4  
Other Cost and Expense, Operating 6 6 11 17  
Depreciation 0 0 0 0  
Benefits, Losses and Expenses 6 6 11 17  
Surplus Notes $ 69 $ 103 $ 69 $ 103