XML 109 R86.htm IDEA: XBRL DOCUMENT v3.22.4
Financial Guarantee Insurance Contracts - Summary of Gross Premium Receivable Roll-Forward (Direct and Assumed Contracts) (Detail)
€ in Millions, £ in Millions, $ in Millions
12 Months Ended
Dec. 31, 2022
USD ($)
Dec. 31, 2022
GBP (£)
Dec. 31, 2022
EUR (€)
Dec. 31, 2021
USD ($)
Dec. 31, 2021
GBP (£)
Dec. 31, 2021
EUR (€)
Dec. 31, 2020
USD ($)
Jan. 01, 2020
USD ($)
Dec. 31, 2019
USD ($)
Insurance [Line Items]                  
Premium Receivable, Allowance for Credit Loss $ 5     $ 9          
Financial Guarantee Insurance Contracts, Premium Receivable [Roll Forward]                  
Beginning premium receivable 320     370     $ 416    
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 1,305     1,098     1,140   $ 1,536
Premium receipts 36     35     (46)    
Adjustments for changes in expected and contractual cash flows (31)     (27)     (6)    
Accretion of premium receivable discount 8     8     9    
Uncollectable premiums 4     8     (4)    
Other adjustments (including foreign exchange) (12)     (4)     5    
Ending premium receivable 254     320     370    
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)          
Premiums Receivable, Gross 259     329          
Premium Receivable, Allowance for Credit Loss, Recovery 0     0          
Financial Guarantee Insurance Contracts, Premiums Receivable, Increase (Decrease), Foreign Exchange (13)     (2)     4    
Past Due Premiums 0     0          
Specialty Property & Casualty Program [Domain]                  
Financial Guarantee Insurance Contracts, Premium Receivable [Roll Forward]                  
Premiums Receivable, Gross 16     2          
Surveillance Category One [Member]                  
Financial Guarantee Insurance Contracts, Premium Receivable [Roll Forward]                  
Premiums Receivable, Gross 217     277          
IA [Member]                  
Financial Guarantee Insurance Contracts, Premium Receivable [Roll Forward]                  
Premiums Receivable, Gross 10     12          
II [Member]                  
Financial Guarantee Insurance Contracts, Premium Receivable [Roll Forward]                  
Premiums Receivable, Gross 5     6          
III [Member]                  
Financial Guarantee Insurance Contracts, Premium Receivable [Roll Forward]                  
Premiums Receivable, Gross 16     22          
IV [Member]                  
Financial Guarantee Insurance Contracts, Premium Receivable [Roll Forward]                  
Premiums Receivable, Gross 11     12          
Premiums Receivable [Member] | Accounting Standards Update 2016-13 [Member]                  
Financial Guarantee Insurance Contracts, Premium Receivable [Roll Forward]                  
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest               $ (3)  
United Kingdom, Pounds                  
Financial Guarantee Insurance Contracts, Premium Receivable [Roll Forward]                  
Beginning premium receivable 108 £ 80   117 £ 86        
Ending premium receivable 71 £ 59   108 £ 80   117    
Euro Member Countries, Euro                  
Financial Guarantee Insurance Contracts, Premium Receivable [Roll Forward]                  
Beginning premium receivable 16   € 14 19   € 16      
Ending premium receivable 14   € 13 16   € 14 $ 19    
Structured Finance [Member]                  
Financial Guarantee Insurance Contracts, Premium Receivable [Roll Forward]                  
Premiums Receivable, Gross 24     45          
Structured Finance [Member] | Mortgage-backed and Home Equity [Member]                  
Financial Guarantee Insurance Contracts, Premium Receivable [Roll Forward]                  
Premiums Receivable, Gross 11     16          
Structured Finance [Member] | Student Loan [Member]                  
Financial Guarantee Insurance Contracts, Premium Receivable [Roll Forward]                  
Premiums Receivable, Gross 8     12          
Structured Finance [Member] | Structured Insurance [Member]                  
Financial Guarantee Insurance Contracts, Premium Receivable [Roll Forward]                  
Premiums Receivable, Gross 0     10          
Structured Finance [Member] | Other Structured Finance [Member]                  
Financial Guarantee Insurance Contracts, Premium Receivable [Roll Forward]                  
Premiums Receivable, Gross 4     7          
Structured Finance [Member] | Surveillance Category One [Member]                  
Financial Guarantee Insurance Contracts, Premium Receivable [Roll Forward]                  
Premiums Receivable, Gross 5     19          
Structured Finance [Member] | Surveillance Category One [Member] | Mortgage-backed and Home Equity [Member]                  
Financial Guarantee Insurance Contracts, Premium Receivable [Roll Forward]                  
Premiums Receivable, Gross 0     1          
Structured Finance [Member] | Surveillance Category One [Member] | Student Loan [Member]                  
Financial Guarantee Insurance Contracts, Premium Receivable [Roll Forward]                  
Premiums Receivable, Gross 1     1          
Structured Finance [Member] | Surveillance Category One [Member] | Structured Insurance [Member]                  
Financial Guarantee Insurance Contracts, Premium Receivable [Roll Forward]                  
Premiums Receivable, Gross 0     10          
Structured Finance [Member] | Surveillance Category One [Member] | Other Structured Finance [Member]                  
Financial Guarantee Insurance Contracts, Premium Receivable [Roll Forward]                  
Premiums Receivable, Gross 4     7          
Structured Finance [Member] | IA [Member]                  
Financial Guarantee Insurance Contracts, Premium Receivable [Roll Forward]                  
Premiums Receivable, Gross 1     1          
Structured Finance [Member] | IA [Member] | Mortgage-backed and Home Equity [Member]                  
Financial Guarantee Insurance Contracts, Premium Receivable [Roll Forward]                  
Premiums Receivable, Gross 0     0          
Structured Finance [Member] | IA [Member] | Student Loan [Member]                  
Financial Guarantee Insurance Contracts, Premium Receivable [Roll Forward]                  
Premiums Receivable, Gross 1     1          
Structured Finance [Member] | IA [Member] | Structured Insurance [Member]                  
Financial Guarantee Insurance Contracts, Premium Receivable [Roll Forward]                  
Premiums Receivable, Gross 0     0          
Structured Finance [Member] | IA [Member] | Other Structured Finance [Member]                  
Financial Guarantee Insurance Contracts, Premium Receivable [Roll Forward]                  
Premiums Receivable, Gross 0     0          
Structured Finance [Member] | II [Member]                  
Financial Guarantee Insurance Contracts, Premium Receivable [Roll Forward]                  
Premiums Receivable, Gross 0     1          
Structured Finance [Member] | II [Member] | Mortgage-backed and Home Equity [Member]                  
Financial Guarantee Insurance Contracts, Premium Receivable [Roll Forward]                  
Premiums Receivable, Gross 0     1          
Structured Finance [Member] | II [Member] | Student Loan [Member]                  
Financial Guarantee Insurance Contracts, Premium Receivable [Roll Forward]                  
Premiums Receivable, Gross 0     0          
Structured Finance [Member] | II [Member] | Structured Insurance [Member]                  
Financial Guarantee Insurance Contracts, Premium Receivable [Roll Forward]                  
Premiums Receivable, Gross 0     0          
Structured Finance [Member] | II [Member] | Other Structured Finance [Member]                  
Financial Guarantee Insurance Contracts, Premium Receivable [Roll Forward]                  
Premiums Receivable, Gross 0     0          
Structured Finance [Member] | III [Member]                  
Financial Guarantee Insurance Contracts, Premium Receivable [Roll Forward]                  
Premiums Receivable, Gross 7     12          
Structured Finance [Member] | III [Member] | Mortgage-backed and Home Equity [Member]                  
Financial Guarantee Insurance Contracts, Premium Receivable [Roll Forward]                  
Premiums Receivable, Gross 0     2          
Structured Finance [Member] | III [Member] | Student Loan [Member]                  
Financial Guarantee Insurance Contracts, Premium Receivable [Roll Forward]                  
Premiums Receivable, Gross 7     9          
Structured Finance [Member] | III [Member] | Structured Insurance [Member]                  
Financial Guarantee Insurance Contracts, Premium Receivable [Roll Forward]                  
Premiums Receivable, Gross 0     0          
Structured Finance [Member] | III [Member] | Other Structured Finance [Member]                  
Financial Guarantee Insurance Contracts, Premium Receivable [Roll Forward]                  
Premiums Receivable, Gross 0     0          
Structured Finance [Member] | IV [Member]                  
Financial Guarantee Insurance Contracts, Premium Receivable [Roll Forward]                  
Premiums Receivable, Gross 11     12          
Structured Finance [Member] | IV [Member] | Mortgage-backed and Home Equity [Member]                  
Financial Guarantee Insurance Contracts, Premium Receivable [Roll Forward]                  
Premiums Receivable, Gross 11     12          
Structured Finance [Member] | IV [Member] | Student Loan [Member]                  
Financial Guarantee Insurance Contracts, Premium Receivable [Roll Forward]                  
Premiums Receivable, Gross 0     0          
Structured Finance [Member] | IV [Member] | Structured Insurance [Member]                  
Financial Guarantee Insurance Contracts, Premium Receivable [Roll Forward]                  
Premiums Receivable, Gross 0     0          
Structured Finance [Member] | IV [Member] | Other Structured Finance [Member]                  
Financial Guarantee Insurance Contracts, Premium Receivable [Roll Forward]                  
Premiums Receivable, Gross 0     0          
Public Finance [Member]                  
Financial Guarantee Insurance Contracts, Premium Receivable [Roll Forward]                  
Premiums Receivable, Gross 150     159          
Public Finance [Member] | Housing Revenue [Member]                  
Financial Guarantee Insurance Contracts, Premium Receivable [Roll Forward]                  
Premiums Receivable, Gross 148     157          
Public Finance [Member] | Other Public Finance Sectors [Member]                  
Financial Guarantee Insurance Contracts, Premium Receivable [Roll Forward]                  
Premiums Receivable, Gross 2     2          
Public Finance [Member] | Surveillance Category One [Member]                  
Financial Guarantee Insurance Contracts, Premium Receivable [Roll Forward]                  
Premiums Receivable, Gross 142     151          
Public Finance [Member] | Surveillance Category One [Member] | Housing Revenue [Member]                  
Financial Guarantee Insurance Contracts, Premium Receivable [Roll Forward]                  
Premiums Receivable, Gross 140     149          
Public Finance [Member] | Surveillance Category One [Member] | Other Public Finance Sectors [Member]                  
Financial Guarantee Insurance Contracts, Premium Receivable [Roll Forward]                  
Premiums Receivable, Gross 2     2          
Public Finance [Member] | IA [Member]                  
Financial Guarantee Insurance Contracts, Premium Receivable [Roll Forward]                  
Premiums Receivable, Gross 3     3          
Public Finance [Member] | IA [Member] | Housing Revenue [Member]                  
Financial Guarantee Insurance Contracts, Premium Receivable [Roll Forward]                  
Premiums Receivable, Gross 3     3          
Public Finance [Member] | IA [Member] | Other Public Finance Sectors [Member]                  
Financial Guarantee Insurance Contracts, Premium Receivable [Roll Forward]                  
Premiums Receivable, Gross 0     0          
Public Finance [Member] | II [Member]                  
Financial Guarantee Insurance Contracts, Premium Receivable [Roll Forward]                  
Premiums Receivable, Gross 5     5          
Public Finance [Member] | II [Member] | Housing Revenue [Member]                  
Financial Guarantee Insurance Contracts, Premium Receivable [Roll Forward]                  
Premiums Receivable, Gross 5     5          
Public Finance [Member] | II [Member] | Other Public Finance Sectors [Member]                  
Financial Guarantee Insurance Contracts, Premium Receivable [Roll Forward]                  
Premiums Receivable, Gross 0     0          
Public Finance [Member] | III [Member]                  
Financial Guarantee Insurance Contracts, Premium Receivable [Roll Forward]                  
Premiums Receivable, Gross 0     0          
Public Finance [Member] | III [Member] | Housing Revenue [Member]                  
Financial Guarantee Insurance Contracts, Premium Receivable [Roll Forward]                  
Premiums Receivable, Gross 0     0          
Public Finance [Member] | III [Member] | Other Public Finance Sectors [Member]                  
Financial Guarantee Insurance Contracts, Premium Receivable [Roll Forward]                  
Premiums Receivable, Gross 0     0          
Public Finance [Member] | IV [Member]                  
Financial Guarantee Insurance Contracts, Premium Receivable [Roll Forward]                  
Premiums Receivable, Gross 0     0          
Public Finance [Member] | IV [Member] | Housing Revenue [Member]                  
Financial Guarantee Insurance Contracts, Premium Receivable [Roll Forward]                  
Premiums Receivable, Gross 0     0          
Public Finance [Member] | IV [Member] | Other Public Finance Sectors [Member]                  
Financial Guarantee Insurance Contracts, Premium Receivable [Roll Forward]                  
Premiums Receivable, Gross 0     0          
International Finance [Member]                  
Financial Guarantee Insurance Contracts, Premium Receivable [Roll Forward]                  
Premiums Receivable, Gross 85     125          
International Finance [Member] | Sovereign/Sub-sovereign [Member]                  
Financial Guarantee Insurance Contracts, Premium Receivable [Roll Forward]                  
Premiums Receivable, Gross 64     93          
International Finance [Member] | Investor-owned and Public Utilities [Member]                  
Financial Guarantee Insurance Contracts, Premium Receivable [Roll Forward]                  
Premiums Receivable, Gross 18     28          
International Finance [Member] | Other International [Member]                  
Financial Guarantee Insurance Contracts, Premium Receivable [Roll Forward]                  
Premiums Receivable, Gross 2     5          
International Finance [Member] | Surveillance Category One [Member]                  
Financial Guarantee Insurance Contracts, Premium Receivable [Roll Forward]                  
Premiums Receivable, Gross 70     107          
International Finance [Member] | Surveillance Category One [Member] | Sovereign/Sub-sovereign [Member]                  
Financial Guarantee Insurance Contracts, Premium Receivable [Roll Forward]                  
Premiums Receivable, Gross 49     74          
International Finance [Member] | Surveillance Category One [Member] | Investor-owned and Public Utilities [Member]                  
Financial Guarantee Insurance Contracts, Premium Receivable [Roll Forward]                  
Premiums Receivable, Gross 18     28          
International Finance [Member] | Surveillance Category One [Member] | Other International [Member]                  
Financial Guarantee Insurance Contracts, Premium Receivable [Roll Forward]                  
Premiums Receivable, Gross 2     5          
International Finance [Member] | IA [Member]                  
Financial Guarantee Insurance Contracts, Premium Receivable [Roll Forward]                  
Premiums Receivable, Gross 7     8          
International Finance [Member] | IA [Member] | Sovereign/Sub-sovereign [Member]                  
Financial Guarantee Insurance Contracts, Premium Receivable [Roll Forward]                  
Premiums Receivable, Gross 7     8          
International Finance [Member] | IA [Member] | Investor-owned and Public Utilities [Member]                  
Financial Guarantee Insurance Contracts, Premium Receivable [Roll Forward]                  
Premiums Receivable, Gross 0     0          
International Finance [Member] | IA [Member] | Other International [Member]                  
Financial Guarantee Insurance Contracts, Premium Receivable [Roll Forward]                  
Premiums Receivable, Gross 0     0          
International Finance [Member] | II [Member]                  
Financial Guarantee Insurance Contracts, Premium Receivable [Roll Forward]                  
Premiums Receivable, Gross 0     0          
International Finance [Member] | II [Member] | Sovereign/Sub-sovereign [Member]                  
Financial Guarantee Insurance Contracts, Premium Receivable [Roll Forward]                  
Premiums Receivable, Gross 0     0          
International Finance [Member] | II [Member] | Investor-owned and Public Utilities [Member]                  
Financial Guarantee Insurance Contracts, Premium Receivable [Roll Forward]                  
Premiums Receivable, Gross 0     0          
International Finance [Member] | II [Member] | Other International [Member]                  
Financial Guarantee Insurance Contracts, Premium Receivable [Roll Forward]                  
Premiums Receivable, Gross 0     0          
International Finance [Member] | III [Member]                  
Financial Guarantee Insurance Contracts, Premium Receivable [Roll Forward]                  
Premiums Receivable, Gross 9     11          
International Finance [Member] | III [Member] | Sovereign/Sub-sovereign [Member]                  
Financial Guarantee Insurance Contracts, Premium Receivable [Roll Forward]                  
Premiums Receivable, Gross 9     11          
International Finance [Member] | III [Member] | Investor-owned and Public Utilities [Member]                  
Financial Guarantee Insurance Contracts, Premium Receivable [Roll Forward]                  
Premiums Receivable, Gross 0     0          
International Finance [Member] | III [Member] | Other International [Member]                  
Financial Guarantee Insurance Contracts, Premium Receivable [Roll Forward]                  
Premiums Receivable, Gross 0     0          
International Finance [Member] | IV [Member]                  
Financial Guarantee Insurance Contracts, Premium Receivable [Roll Forward]                  
Premiums Receivable, Gross 0     0          
International Finance [Member] | IV [Member] | Sovereign/Sub-sovereign [Member]                  
Financial Guarantee Insurance Contracts, Premium Receivable [Roll Forward]                  
Premiums Receivable, Gross 0     0          
International Finance [Member] | IV [Member] | Investor-owned and Public Utilities [Member]                  
Financial Guarantee Insurance Contracts, Premium Receivable [Roll Forward]                  
Premiums Receivable, Gross 0     0          
International Finance [Member] | IV [Member] | Other International [Member]                  
Financial Guarantee Insurance Contracts, Premium Receivable [Roll Forward]                  
Premiums Receivable, Gross $ 0     $ 0