XML 108 R85.htm IDEA: XBRL DOCUMENT v3.22.4
Financial Guarantee Insurance Contracts - Additional Information (Detail)
€ in Millions, £ in Millions, $ in Millions
12 Months Ended
Dec. 31, 2022
USD ($)
Dec. 31, 2021
USD ($)
Dec. 31, 2020
USD ($)
Dec. 31, 2022
GBP (£)
Dec. 31, 2022
EUR (€)
Dec. 31, 2021
GBP (£)
Dec. 31, 2021
EUR (€)
Dec. 31, 2020
GBP (£)
Dec. 31, 2020
EUR (€)
Dec. 31, 2019
USD ($)
Insurance [Line Items]                    
Ceded Loss And Loss Expenses Paid Not Yet Recovered   $ 0 $ 0              
Net par amount of financial guarantees $ 22,613 $ 28,020                
Estimated Future Premium Payments Weighted Average Discounted Rate 3.00% 2.20%   3.00% 3.00% 2.20% 2.20%      
Financial Guarantee Insurance Contracts, Premium Receivable $ 254 $ 320 370             $ 416
Amount Of Insured Par Outstanding Ceded To Reinsurer $ 2,187                  
Ceded Principal Outstanding Major Reinsurer Percentage 7.90%                  
Reinsurance Payable $ 39 $ 33                
Weighted average period of future premiums 8 years 8 years                
Uncollectable premium receivables $ 5 $ 9                
Accelerated premium revenue for retired obligations 8 1 12              
Reinsurance recoveries of losses included in losses and loss expenses (41) 5 (7)              
Losses and loss expense reserves ceded to reinsurers   24                
Subrogation recoveries, net of reinsurance (140) (1,704)                
Amortization of intangible assets 47 55 57              
Intangible assets 326 362                
Financial Guarantee Outstanding Principal Ceded To Third Parties 4,938                  
Premiums Receivable, Gross 259 329                
Allowance for Doubtful Accounts, Premiums and Other Receivables 5 9 17              
Premium Receivable, Credit Loss Expense (Reversal) (4) (6)                
Premium Receivable, Allowance for Credit Loss, Writeoff 0 (2)                
Reinsurance Recoverable, Allowance for Credit Loss 0 0                
Net Incurred RMBS Subrogation Recoveries (123) 20 (23)              
Reinsurance Recoverables, Gross 115                  
Net unsecured reinsurance recoverable 60                  
Reinsurance Recoverable, Gross, All Other 18                  
Unsecured Reinsurance Recoverable, All Other 7                  
Specialty Property & Casualty Program [Domain]                    
Insurance [Line Items]                    
Premiums Receivable, Gross $ 16 2                
Property and Casualty, Commercial Insurance                    
Insurance [Line Items]                    
Reinsurance, Reinsured Risk, Percentage 70.00%                  
Financial Guarantee                    
Insurance [Line Items]                    
Ceded Loss And Loss Expenses Paid Not Yet Recovered $ 0                  
Losses and loss expense reserves ceded to reinsurers 33                  
Financial Guarantee | Assured Guaranty Re Ltd [Member]                    
Insurance [Line Items]                    
Reinsurance Recoverables, Gross 30                  
Net unsecured reinsurance recoverable 0                  
Property and Casualty, Commercial Insurance | QBE Insurance Corporation                    
Insurance [Line Items]                    
Reinsurance Recoverables, Gross 41                  
Net unsecured reinsurance recoverable 41                  
Property and Casualty, Commercial Insurance | General Reinsurance Company                    
Insurance [Line Items]                    
Reinsurance Recoverables, Gross 25                  
Net unsecured reinsurance recoverable 11                  
Surveillance Category One [Member]                    
Insurance [Line Items]                    
Premiums Receivable, Gross 217 277                
IA [Member]                    
Insurance [Line Items]                    
Premiums Receivable, Gross 10 12                
II [Member]                    
Insurance [Line Items]                    
Premiums Receivable, Gross 5 6                
III [Member]                    
Insurance [Line Items]                    
Premiums Receivable, Gross 16 22                
IV [Member]                    
Insurance [Line Items]                    
Premiums Receivable, Gross $ 11 $ 12                
Maximum [Member] | Furniture and Fixtures [Member]                    
Insurance [Line Items]                    
Finite-Lived Intangible Asset, Useful Life 5 years                  
Loss Reserves [Member]                    
Insurance [Line Items]                    
Weighted average risk-free rate used to discount loss reserves 3.90% 1.20%                
United Kingdom, Pounds                    
Insurance [Line Items]                    
Financial Guarantee Insurance Contracts, Premium Receivable $ 71 $ 108 117 £ 59   £ 80   £ 86    
Euro Member Countries, Euro                    
Insurance [Line Items]                    
Financial Guarantee Insurance Contracts, Premium Receivable 14 16 $ 19   € 13   € 14   € 16  
Public Finance [Member]                    
Insurance [Line Items]                    
Net par amount of financial guarantees 10,547 12,360                
Premiums Receivable, Gross 150 159                
Public Finance [Member] | Surveillance Category One [Member]                    
Insurance [Line Items]                    
Premiums Receivable, Gross 142 151                
Public Finance [Member] | IA [Member]                    
Insurance [Line Items]                    
Premiums Receivable, Gross 3 3                
Public Finance [Member] | II [Member]                    
Insurance [Line Items]                    
Premiums Receivable, Gross 5 5                
Public Finance [Member] | III [Member]                    
Insurance [Line Items]                    
Premiums Receivable, Gross 0 0                
Public Finance [Member] | IV [Member]                    
Insurance [Line Items]                    
Premiums Receivable, Gross 0 0                
Structured Finance [Member]                    
Insurance [Line Items]                    
Net par amount of financial guarantees 3,612 4,904                
Premiums Receivable, Gross 24 45                
Structured Finance [Member] | Surveillance Category One [Member]                    
Insurance [Line Items]                    
Premiums Receivable, Gross 5 19                
Structured Finance [Member] | IA [Member]                    
Insurance [Line Items]                    
Premiums Receivable, Gross 1 1                
Structured Finance [Member] | II [Member]                    
Insurance [Line Items]                    
Premiums Receivable, Gross 0 1                
Structured Finance [Member] | III [Member]                    
Insurance [Line Items]                    
Premiums Receivable, Gross 7 12                
Structured Finance [Member] | IV [Member]                    
Insurance [Line Items]                    
Premiums Receivable, Gross 11 12                
International Finance [Member]                    
Insurance [Line Items]                    
Net par amount of financial guarantees 8,454 10,756                
Premiums Receivable, Gross 85 125                
International Finance [Member] | Surveillance Category One [Member]                    
Insurance [Line Items]                    
Premiums Receivable, Gross 70 107                
International Finance [Member] | IA [Member]                    
Insurance [Line Items]                    
Premiums Receivable, Gross 7 8                
International Finance [Member] | II [Member]                    
Insurance [Line Items]                    
Premiums Receivable, Gross 0 0                
International Finance [Member] | III [Member]                    
Insurance [Line Items]                    
Premiums Receivable, Gross 9 11                
International Finance [Member] | IV [Member]                    
Insurance [Line Items]                    
Premiums Receivable, Gross 0 0                
Housing Revenue [Member] | Public Finance [Member]                    
Insurance [Line Items]                    
Net par amount of financial guarantees 5,491 5,610                
Premiums Receivable, Gross 148 157                
Housing Revenue [Member] | Public Finance [Member] | Surveillance Category One [Member]                    
Insurance [Line Items]                    
Premiums Receivable, Gross 140 149                
Housing Revenue [Member] | Public Finance [Member] | IA [Member]                    
Insurance [Line Items]                    
Premiums Receivable, Gross 3 3                
Housing Revenue [Member] | Public Finance [Member] | II [Member]                    
Insurance [Line Items]                    
Premiums Receivable, Gross 5 5                
Housing Revenue [Member] | Public Finance [Member] | III [Member]                    
Insurance [Line Items]                    
Premiums Receivable, Gross 0 0                
Housing Revenue [Member] | Public Finance [Member] | IV [Member]                    
Insurance [Line Items]                    
Premiums Receivable, Gross 0 0                
Housing Revenue [Member] | Military Housing [Member] | Public Finance [Member]                    
Insurance [Line Items]                    
Net par amount of financial guarantees 5,400 5,490                
Other Public Finance Sectors [Member] | Public Finance [Member]                    
Insurance [Line Items]                    
Premiums Receivable, Gross 2 2                
Other Public Finance Sectors [Member] | Public Finance [Member] | Surveillance Category One [Member]                    
Insurance [Line Items]                    
Premiums Receivable, Gross 2 2                
Other Public Finance Sectors [Member] | Public Finance [Member] | IA [Member]                    
Insurance [Line Items]                    
Premiums Receivable, Gross 0 0                
Other Public Finance Sectors [Member] | Public Finance [Member] | II [Member]                    
Insurance [Line Items]                    
Premiums Receivable, Gross 0 0                
Other Public Finance Sectors [Member] | Public Finance [Member] | III [Member]                    
Insurance [Line Items]                    
Premiums Receivable, Gross 0 0                
Other Public Finance Sectors [Member] | Public Finance [Member] | IV [Member]                    
Insurance [Line Items]                    
Premiums Receivable, Gross 0 0                
Mortgage-backed and Home Equity [Member] | Structured Finance [Member]                    
Insurance [Line Items]                    
Net par amount of financial guarantees 1,930 2,724                
Premiums Receivable, Gross 11 16                
Mortgage-backed and Home Equity [Member] | Structured Finance [Member] | Surveillance Category One [Member]                    
Insurance [Line Items]                    
Premiums Receivable, Gross 0 1                
Mortgage-backed and Home Equity [Member] | Structured Finance [Member] | IA [Member]                    
Insurance [Line Items]                    
Premiums Receivable, Gross 0 0                
Mortgage-backed and Home Equity [Member] | Structured Finance [Member] | II [Member]                    
Insurance [Line Items]                    
Premiums Receivable, Gross 0 1                
Mortgage-backed and Home Equity [Member] | Structured Finance [Member] | III [Member]                    
Insurance [Line Items]                    
Premiums Receivable, Gross 0 2                
Mortgage-backed and Home Equity [Member] | Structured Finance [Member] | IV [Member]                    
Insurance [Line Items]                    
Premiums Receivable, Gross 11 12                
Structured Insurance [Member] | Structured Finance [Member]                    
Insurance [Line Items]                    
Premiums Receivable, Gross 0 10                
Structured Insurance [Member] | Structured Finance [Member] | Surveillance Category One [Member]                    
Insurance [Line Items]                    
Premiums Receivable, Gross 0 10                
Structured Insurance [Member] | Structured Finance [Member] | IA [Member]                    
Insurance [Line Items]                    
Premiums Receivable, Gross 0 0                
Structured Insurance [Member] | Structured Finance [Member] | II [Member]                    
Insurance [Line Items]                    
Premiums Receivable, Gross 0 0                
Structured Insurance [Member] | Structured Finance [Member] | III [Member]                    
Insurance [Line Items]                    
Premiums Receivable, Gross 0 0                
Structured Insurance [Member] | Structured Finance [Member] | IV [Member]                    
Insurance [Line Items]                    
Premiums Receivable, Gross 0 0                
Student Loan [Member] | Structured Finance [Member]                    
Insurance [Line Items]                    
Premiums Receivable, Gross 8 12                
Student Loan [Member] | Structured Finance [Member] | Surveillance Category One [Member]                    
Insurance [Line Items]                    
Premiums Receivable, Gross 1 1                
Student Loan [Member] | Structured Finance [Member] | IA [Member]                    
Insurance [Line Items]                    
Premiums Receivable, Gross 1 1                
Student Loan [Member] | Structured Finance [Member] | II [Member]                    
Insurance [Line Items]                    
Premiums Receivable, Gross 0 0                
Student Loan [Member] | Structured Finance [Member] | III [Member]                    
Insurance [Line Items]                    
Premiums Receivable, Gross 7 9                
Student Loan [Member] | Structured Finance [Member] | IV [Member]                    
Insurance [Line Items]                    
Premiums Receivable, Gross 0 0                
Other Structured Finance [Member] | Structured Finance [Member]                    
Insurance [Line Items]                    
Net par amount of financial guarantees 579 624                
Premiums Receivable, Gross 4 7                
Other Structured Finance [Member] | Structured Finance [Member] | Surveillance Category One [Member]                    
Insurance [Line Items]                    
Premiums Receivable, Gross 4 7                
Other Structured Finance [Member] | Structured Finance [Member] | IA [Member]                    
Insurance [Line Items]                    
Premiums Receivable, Gross 0 0                
Other Structured Finance [Member] | Structured Finance [Member] | II [Member]                    
Insurance [Line Items]                    
Premiums Receivable, Gross 0 0                
Other Structured Finance [Member] | Structured Finance [Member] | III [Member]                    
Insurance [Line Items]                    
Premiums Receivable, Gross 0 0                
Other Structured Finance [Member] | Structured Finance [Member] | IV [Member]                    
Insurance [Line Items]                    
Premiums Receivable, Gross 0 0                
Sovereign/Sub-sovereign [Member] | International Finance [Member]                    
Insurance [Line Items]                    
Net par amount of financial guarantees 4,077 5,141                
Premiums Receivable, Gross 64 93                
Sovereign/Sub-sovereign [Member] | International Finance [Member] | Surveillance Category One [Member]                    
Insurance [Line Items]                    
Premiums Receivable, Gross 49 74                
Sovereign/Sub-sovereign [Member] | International Finance [Member] | IA [Member]                    
Insurance [Line Items]                    
Premiums Receivable, Gross 7 8                
Sovereign/Sub-sovereign [Member] | International Finance [Member] | II [Member]                    
Insurance [Line Items]                    
Premiums Receivable, Gross 0 0                
Sovereign/Sub-sovereign [Member] | International Finance [Member] | III [Member]                    
Insurance [Line Items]                    
Premiums Receivable, Gross 9 11                
Sovereign/Sub-sovereign [Member] | International Finance [Member] | IV [Member]                    
Insurance [Line Items]                    
Premiums Receivable, Gross 0 0                
Investor-owned and Public Utilities [Member] | International Finance [Member]                    
Insurance [Line Items]                    
Net par amount of financial guarantees 2,583 3,283                
Premiums Receivable, Gross 18 28                
Investor-owned and Public Utilities [Member] | International Finance [Member] | Surveillance Category One [Member]                    
Insurance [Line Items]                    
Premiums Receivable, Gross 18 28                
Investor-owned and Public Utilities [Member] | International Finance [Member] | IA [Member]                    
Insurance [Line Items]                    
Premiums Receivable, Gross 0 0                
Investor-owned and Public Utilities [Member] | International Finance [Member] | II [Member]                    
Insurance [Line Items]                    
Premiums Receivable, Gross 0 0                
Investor-owned and Public Utilities [Member] | International Finance [Member] | III [Member]                    
Insurance [Line Items]                    
Premiums Receivable, Gross 0 0                
Investor-owned and Public Utilities [Member] | International Finance [Member] | IV [Member]                    
Insurance [Line Items]                    
Premiums Receivable, Gross 0 0                
Other International [Member] | International Finance [Member]                    
Insurance [Line Items]                    
Premiums Receivable, Gross 2 5                
Other International [Member] | International Finance [Member] | Surveillance Category One [Member]                    
Insurance [Line Items]                    
Premiums Receivable, Gross 2 5                
Other International [Member] | International Finance [Member] | IA [Member]                    
Insurance [Line Items]                    
Premiums Receivable, Gross 0 0                
Other International [Member] | International Finance [Member] | II [Member]                    
Insurance [Line Items]                    
Premiums Receivable, Gross 0 0                
Other International [Member] | International Finance [Member] | III [Member]                    
Insurance [Line Items]                    
Premiums Receivable, Gross 0 0                
Other International [Member] | International Finance [Member] | IV [Member]                    
Insurance [Line Items]                    
Premiums Receivable, Gross $ 0 $ 0