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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
6 Months Ended 9 Months Ended
Jun. 30, 2023
USD ($)
Policies
Sep. 30, 2022
Dec. 31, 2022
USD ($)
Policies
Jun. 30, 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 163   162  
Remaining weighted-average contract period (in years) 12 years 14 years    
Gross insured contractual payments outstanding:        
Principal $ 4,258   $ 4,047  
Interest 1,784   1,750  
Total 6,042   5,797  
Gross undiscounted claim liability 1,296   1,279  
Discount, gross claim liability 486   496  
Gross claim liability before all subrogation and before reinsurance (810)   783  
Less:        
Gross RMBS subrogation     (140)  
Discount, RMBS subrogation     0  
Discounted RMBS subrogation, before reinsurance 0   (140)  
Less:        
Gross other subrogation (257)   (233)  
Discount, other subrogation 67   54  
Discounted other subrogation, before reinsurance (190)   (179)  
Gross claim liability, net of all subrogation and discounts, before reinsurance (620)   464  
Less: Unearned premium reserves (31)   (28)  
Plus: Loss adjustment expenses reserves 5   8  
Claim liability reported on Balance Sheet, before reinsurance 594   444  
Reinsurance recoverable reported on Balance Sheet 33   33  
Financial Guarantee        
Schedule of Insured Financial Obligations with Credit Deterioration [Line Items]        
Ceded Loss And Loss Expenses Paid Not Yet Recovered 5      
Financial Guarantee        
Schedule of Insured Financial Obligations with Credit Deterioration [Line Items]        
Loss Reserves Ceded To Reinsurers 33   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 $ 573   $ 709  
Interest 389   526  
Total 962   1,235  
Gross undiscounted claim liability 3   4  
Discount, gross claim liability 1   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 (15)   (14)  
Discount, other subrogation 3   2  
Discounted other subrogation, before reinsurance (12)   (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 0   1  
Claim liability reported on Balance Sheet, before reinsurance (10)   (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 9   6  
Remaining weighted-average contract period (in years) 13 years 19 years    
Gross insured contractual payments outstanding:        
Principal $ 633   $ 200  
Interest 352   198  
Total 986   399  
Gross undiscounted claim liability 12   4  
Discount, gross claim liability 2   1  
Gross claim liability before all subrogation and before reinsurance (10)   3  
Less:        
Gross RMBS subrogation     0  
Discount, RMBS subrogation     0  
Discounted RMBS subrogation, before reinsurance     0  
Less:        
Gross other subrogation (2)   (4)  
Discount, other subrogation 0   0  
Discounted other subrogation, before reinsurance (2)   (3)  
Gross claim liability, net of all subrogation and discounts, before reinsurance (7)   0  
Less: Unearned premium reserves (6)   (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 12   9  
Remaining weighted-average contract period (in years) 12 years 14 years    
Gross insured contractual payments outstanding:        
Principal $ 1,048   $ 459  
Interest 286   286  
Total 1,334   745  
Gross undiscounted claim liability 56   43  
Discount, gross claim liability 9   7  
Gross claim liability before all subrogation and before reinsurance (47)   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 (47)   36  
Less: Unearned premium reserves (12)   (5)  
Plus: Loss adjustment expenses reserves 1   0  
Claim liability reported on Balance Sheet, before reinsurance 37   32  
Reinsurance recoverable reported on Balance Sheet $ 8   $ 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 $ 408   $ 1,000  
Interest 146   156  
Total 553   1,156  
Gross undiscounted claim liability 409   446  
Discount, gross claim liability 145   162  
Gross claim liability before all subrogation and before reinsurance (263)   284  
Less:        
Gross RMBS subrogation     0  
Discount, RMBS subrogation     0  
Discounted RMBS subrogation, before reinsurance     0  
Less:        
Gross other subrogation (29)   (31)  
Discount, other subrogation 5   5  
Discounted other subrogation, before reinsurance (24)   (26)  
Gross claim liability, net of all subrogation and discounts, before reinsurance (239)   258  
Less: Unearned premium reserves 0   (8)  
Plus: Loss adjustment expenses reserves 1   2  
Claim liability reported on Balance Sheet, before reinsurance 239   252  
Reinsurance recoverable reported on Balance Sheet $ 20   $ 21  
IV [Member]        
Schedule of Insured Financial Obligations with Credit Deterioration [Line Items]        
Number of policies | Policies 93   93  
Remaining weighted-average contract period (in years) 12 years 12 years    
Gross insured contractual payments outstanding:        
Principal $ 1,568   $ 1,646  
Interest 593   565  
Total 2,161   2,210  
Gross undiscounted claim liability 769   729  
Discount, gross claim liability 320   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 (200)   (172)  
Discount, other subrogation 56   42  
Discounted other subrogation, before reinsurance (144)   (130)  
Gross claim liability, net of all subrogation and discounts, before reinsurance (305)   143  
Less: Unearned premium reserves (10)   (10)  
Plus: Loss adjustment expenses reserves 1   4  
Claim liability reported on Balance Sheet, before reinsurance 297   137  
Reinsurance recoverable reported on Balance Sheet $ 4   $ 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) 7 years 7 years    
Gross insured contractual payments outstanding:        
Principal $ 28   $ 34  
Interest 19   19  
Total 46   53  
Gross undiscounted claim liability 46   53  
Discount, gross claim liability 9   9  
Gross claim liability before all subrogation and before reinsurance (37)   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 4   4  
Discounted other subrogation, before reinsurance (8)   (8)  
Gross claim liability, net of all subrogation and discounts, before reinsurance (29)   35  
Less: Unearned premium reserves (1)   (1)  
Plus: Loss adjustment expenses reserves 0   0  
Claim liability reported on Balance Sheet, before reinsurance 28   34  
Reinsurance recoverable reported on Balance Sheet $ 0   $ 0