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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
3 Months Ended 6 Months Ended
Mar. 31, 2023
USD ($)
Policies
Jun. 30, 2022
Dec. 31, 2022
USD ($)
Policies
Mar. 31, 2022
USD ($)
Schedule of Insured Financial Obligations with Credit Deterioration [Line Items]        
Ceded Loss And Loss Expenses Paid Not Yet Recovered       $ 0
Number of policies | Policies 168   162  
Remaining weighted-average contract period (in years) 12 years 14 years    
Gross insured contractual payments outstanding:        
Principal $ 4,185   $ 4,047  
Interest 1,872   1,750  
Total 6,058   5,797  
Gross undiscounted claim liability 1,272   1,279  
Discount, gross claim liability 455   496  
Gross claim liability before all subrogation and before reinsurance (818)   783  
Less:        
Gross RMBS subrogation     (140)  
Discount, RMBS subrogation     0  
Discounted RMBS subrogation, before reinsurance 0   (140)  
Less:        
Gross other subrogation (254)   (233)  
Discount, other subrogation 59   54  
Discounted other subrogation, before reinsurance (196)   (179)  
Gross claim liability, net of all subrogation and discounts, before reinsurance (622)   464  
Less: Unearned premium reserves (30)   (28)  
Plus: Loss adjustment expenses reserves 6   8  
Claim liability reported on Balance Sheet, before reinsurance 598   444  
Reinsurance recoverable reported on Balance Sheet 34   33  
Financial Guarantee        
Schedule of Insured Financial Obligations with Credit Deterioration [Line Items]        
Ceded Loss And Loss Expenses Paid Not Yet Recovered 3      
Financial Guarantee        
Schedule of Insured Financial Obligations with Credit Deterioration [Line Items]        
Loss Reserves Ceded To Reinsurers 34   33  
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 32   37  
Remaining weighted-average contract period (in years) 8 years 7 years    
Gross insured contractual payments outstanding:        
Principal $ 570   $ 709  
Interest 487   526  
Total 1,057   1,235  
Gross undiscounted claim liability 3   4  
Discount, gross claim liability 0   1  
Gross claim liability before all subrogation and before reinsurance (3)   3  
Less:        
Gross RMBS subrogation     0  
Discount, RMBS subrogation     0  
Discounted RMBS subrogation, before reinsurance     0  
Less:        
Gross other subrogation (14)   (14)  
Discount, other subrogation 2   2  
Discounted other subrogation, before reinsurance (11)   (12)  
Gross claim liability, net of all subrogation and discounts, before reinsurance 9   9  
Less: Unearned premium reserves (1)   (2)  
Plus: Loss adjustment expenses reserves 1   1  
Claim liability reported on Balance Sheet, before reinsurance (9)   (10)  
Reinsurance recoverable reported on Balance Sheet $ 1   $ 1  
IA [Member]        
Schedule of Insured Financial Obligations with Credit Deterioration [Line Items]        
Number of policies | Policies 7   6  
Remaining weighted-average contract period (in years) 15 years 19 years    
Gross insured contractual payments outstanding:        
Principal $ 514   $ 200  
Interest 338   198  
Total 852   399  
Gross undiscounted claim liability 7   4  
Discount, gross claim liability 1   1  
Gross claim liability before all subrogation and before reinsurance (6)   3  
Less:        
Gross RMBS subrogation     0  
Discount, RMBS subrogation     0  
Discounted RMBS subrogation, before reinsurance     0  
Less:        
Gross other subrogation (4)   (4)  
Discount, other subrogation 1   0  
Discounted other subrogation, before reinsurance (4)   (3)  
Gross claim liability, net of all subrogation and discounts, before reinsurance (2)   0  
Less: Unearned premium reserves (5)   (2)  
Plus: Loss adjustment expenses reserves 1   1  
Claim liability reported on Balance Sheet, before reinsurance (2)   (2)  
Reinsurance recoverable reported on Balance Sheet $ 0   $ 0  
II [Member]        
Schedule of Insured Financial Obligations with Credit Deterioration [Line Items]        
Number of policies | Policies 10   9  
Remaining weighted-average contract period (in years) 12 years 14 years    
Gross insured contractual payments outstanding:        
Principal $ 1,056   $ 459  
Interest 297   286  
Total 1,353   745  
Gross undiscounted claim liability 59   43  
Discount, gross claim liability 8   7  
Gross claim liability before all subrogation and before reinsurance (50)   36  
Less:        
Gross RMBS subrogation     0  
Discount, RMBS subrogation     0  
Discounted RMBS subrogation, before reinsurance     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 (50)   36  
Less: Unearned premium reserves (12)   (5)  
Plus: Loss adjustment expenses reserves 1   0  
Claim liability reported on Balance Sheet, before reinsurance 40   32  
Reinsurance recoverable reported on Balance Sheet $ 9   $ 8  
III [Member]        
Schedule of Insured Financial Obligations with Credit Deterioration [Line Items]        
Number of policies | Policies 12   12  
Remaining weighted-average contract period (in years) 14 years 14 years    
Gross insured contractual payments outstanding:        
Principal $ 414   $ 1,000  
Interest 149   156  
Total 563   1,156  
Gross undiscounted claim liability 402   446  
Discount, gross claim liability 137   162  
Gross claim liability before all subrogation and before reinsurance (265)   284  
Less:        
Gross RMBS subrogation     0  
Discount, RMBS subrogation     0  
Discounted RMBS subrogation, before reinsurance     0  
Less:        
Gross other subrogation (30)   (31)  
Discount, other subrogation 5   5  
Discounted other subrogation, before reinsurance (26)   (26)  
Gross claim liability, net of all subrogation and discounts, before reinsurance (240)   258  
Less: Unearned premium reserves (1)   (8)  
Plus: Loss adjustment expenses reserves 1   2  
Claim liability reported on Balance Sheet, before reinsurance 240   252  
Reinsurance recoverable reported on Balance Sheet $ 21   $ 21  
IV [Member]        
Schedule of Insured Financial Obligations with Credit Deterioration [Line Items]        
Number of policies | Policies 102   93  
Remaining weighted-average contract period (in years) 12 years 12 years    
Gross insured contractual payments outstanding:        
Principal $ 1,597   $ 1,646  
Interest 583   565  
Total 2,180   2,210  
Gross undiscounted claim liability 749   729  
Discount, gross claim liability 299   316  
Gross claim liability before all subrogation and before reinsurance (449)   413  
Less:        
Gross RMBS subrogation     (140)  
Discount, RMBS subrogation     0  
Discounted RMBS subrogation, before reinsurance     (140)  
Less:        
Gross other subrogation (194)   (172)  
Discount, other subrogation 48   42  
Discounted other subrogation, before reinsurance (146)   (130)  
Gross claim liability, net of all subrogation and discounts, before reinsurance (303)   143  
Less: Unearned premium reserves (10)   (10)  
Plus: Loss adjustment expenses reserves 2   4  
Claim liability reported on Balance Sheet, before reinsurance 295   137  
Reinsurance recoverable reported on Balance Sheet $ 3   $ 3  
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) 6 years 7 years    
Gross insured contractual payments outstanding:        
Principal $ 34   $ 34  
Interest 19   19  
Total 53   53  
Gross undiscounted claim liability 53   53  
Discount, gross claim liability 9   9  
Gross claim liability before all subrogation and before reinsurance (44)   43  
Less:        
Gross RMBS subrogation     0  
Discount, RMBS subrogation     0  
Discounted RMBS subrogation, before reinsurance     0  
Less:        
Gross other subrogation (12)   (12)  
Discount, other subrogation 3   4  
Discounted other subrogation, before reinsurance (8)   (8)  
Gross claim liability, net of all subrogation and discounts, before reinsurance (36)   35  
Less: Unearned premium reserves (1)   (1)  
Plus: Loss adjustment expenses reserves 0   0  
Claim liability reported on Balance Sheet, before reinsurance 35   34  
Reinsurance recoverable reported on Balance Sheet   $ 0