XML 25 R76.htm IDEA: XBRL DOCUMENT v2.4.0.8
Note 10 - Financial Guaranty Insurance Contracts Financial Guaranty Claim Liabilities by Surveillance Categories (Details) (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Sep. 30, 2014
policy
Financial Guaranty Claim Liabilities by Surveillance Categories  
Number of policies 344
Remaining weighted-average contract period (in years) 17 years
Insured contractual payments outstanding:  
Principal $ 1,697,428
Interest 899,309
Total insured contractual payments outstanding 2,596,737
Gross claim liability 275,129
Reductions of gross claim liability:  
Gross potential recoveries 341,961
Discount, Net (109,964)
Net claim liability/(asset) (prior to reduction for unearned premium) 43,132
Unearned premium revenue 23,577
Net claim liability/(asset) reported in the balance sheet 29,905
Reinsurance recoverable 0
Performing
 
Financial Guaranty Claim Liabilities by Surveillance Categories  
Number of policies 5
Remaining weighted-average contract period (in years) 21 years
Insured contractual payments outstanding:  
Principal 1,338
Interest 151
Total insured contractual payments outstanding 1,489
Gross claim liability 1
Reductions of gross claim liability:  
Gross potential recoveries 0
Discount, Net 0
Net claim liability/(asset) (prior to reduction for unearned premium) 1
Unearned premium revenue 5
Net claim liability/(asset) reported in the balance sheet 0
Reinsurance recoverable 0
Special Mention
 
Financial Guaranty Claim Liabilities by Surveillance Categories  
Number of policies 168
Remaining weighted-average contract period (in years) 15 years
Insured contractual payments outstanding:  
Principal 943,438
Interest 486,985
Total insured contractual payments outstanding 1,430,423
Gross claim liability 15,352
Reductions of gross claim liability:  
Gross potential recoveries 1,830
Discount, Net 1,966
Net claim liability/(asset) (prior to reduction for unearned premium) 11,556
Unearned premium revenue 14,101
Net claim liability/(asset) reported in the balance sheet 4,736
Reinsurance recoverable 0
Intensified Surveillance
 
Financial Guaranty Claim Liabilities by Surveillance Categories  
Number of policies 90
Remaining weighted-average contract period (in years) 18 years
Insured contractual payments outstanding:  
Principal 658,561
Interest 386,906
Total insured contractual payments outstanding 1,045,467
Gross claim liability 227,546
Reductions of gross claim liability:  
Gross potential recoveries 291,209
Discount, Net (110,678)
Net claim liability/(asset) (prior to reduction for unearned premium) 47,015
Unearned premium revenue 9,471
Net claim liability/(asset) reported in the balance sheet 40,608
Reinsurance recoverable 0
Case Reserve
 
Financial Guaranty Claim Liabilities by Surveillance Categories  
Number of policies 81
Remaining weighted-average contract period (in years) 18 years
Insured contractual payments outstanding:  
Principal 94,091
Interest 25,267
Total insured contractual payments outstanding 119,358
Gross claim liability 32,230
Reductions of gross claim liability:  
Gross potential recoveries 48,922
Discount, Net (1,252)
Net claim liability/(asset) (prior to reduction for unearned premium) (15,440)
Unearned premium revenue 0
Net claim liability/(asset) reported in the balance sheet (15,439)
Reinsurance recoverable $ 0