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Fair Value Measurement (Details 5) (USD $)
In Millions, unless otherwise specified
Dec. 31, 2012
Dec. 31, 2011
Assets:    
Short-term investments $ 817 $ 734
Other invested assets 212 223
Credit derivative assets 141 153
FG VIEs' assets, at fair value 2,688 2,819
Liabilities:    
Credit derivative liabilities 1,934 1,457
FG VIEs' liabilities with recourse, at fair value 2,090 2,397
FG VIEs' liabilities without recourse, at fair value 1,051 1,061
Carrying Amount
   
Assets:    
Fixed maturity securities 10,056 10,142
Short-term investments 817 734
Other invested assets 177 170
Credit derivative assets 141 153
FG VIEs' assets, at fair value 2,688 2,819
Other assets 166 186
Liabilities:    
Financial guaranty insurance contracts 3,918 [1] 4,657 [1]
Long-term debt 836 1,038
Credit derivative liabilities 1,934 1,457
FG VIEs' liabilities with recourse, at fair value 2,090 2,397
FG VIEs' liabilities without recourse, at fair value 1,051 1,061
Other liabilities 47 16
Estimated Fair Value
   
Assets:    
Fixed maturity securities 10,056 10,142
Short-term investments 817 734
Other invested assets 182 182
Credit derivative assets 141 153
FG VIEs' assets, at fair value 2,688 2,819
Other assets 166 186
Liabilities:    
Financial guaranty insurance contracts 6,537 [1] 4,313 [1]
Long-term debt 1,091 1,186
Credit derivative liabilities 1,934 1,457
FG VIEs' liabilities with recourse, at fair value 2,090 2,397
FG VIEs' liabilities without recourse, at fair value 1,051 1,061
Other liabilities $ 47 $ 16
[1] Carrying amount includes the the assets and liabilities related to financial guaranty insurance contract premiums, losses, and salvage and subrogation and other recoverables net of reinsurance.