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Financial Guaranty Insurance Losses - Components of Net Reserves (Salvage) Insurance Contracts (Details) (USD $)
In Millions, unless otherwise specified
Mar. 31, 2014
Dec. 31, 2013
Guarantor Obligations [Line Items]    
Loss and LAE reserve $ 636 $ 592
Reinsurance recoverable on unpaid losses (37) (36)
Loss and LAE reserve, net 599 [1] 556 [1]
Salvage and subrogation recoverable (241) (174)
Salvage and subrogation payable 22 [2] 19 [2]
Salvage and subrogation recoverable, net (219) [1] (155) [1]
Subtotal 380 401
Net reserves (salvage) 363 386
Net reserves (salvage) 380 [1] 401 [1]
For all Financial Guaranty Insurance Contracts 126 122
Effect of Consolidating FG VIEs 0 (49)
Reported on Balance Sheet 126 [3] 73 [3]
For all Financial Guaranty Insurance Contracts 378 363
Effect of Consolidating FG VIEs (14) (24)
Reported on Balance Sheet 364 [3] 339 [3]
Consolidated Entity Excluding Variable Interest Entities (VIE)
   
Guarantor Obligations [Line Items]    
Reinsurance recoverable on unpaid losses (17) [4]  
Salvage and subrogation recoverable, net (214)  
Other recoveries (17) [4] (15) [4]
Other
   
Guarantor Obligations [Line Items]    
Less: other (non-financial guaranty business) (4) (3)
Financial guaranty insurance
   
Guarantor Obligations [Line Items]    
Net reserves (salvage) $ 367 $ 389
[1] (1)See “Components of Net Reserves (Salvage)” table for loss and LAE reserve and salvage and subrogation recoverable components.
[2] Recorded as a component of reinsurance balances payable.
[3] The remaining benefit for R&W is either recorded at fair value in FG VIE assets, or not recorded on the balance sheet until the total loss, net of R&W, exceeds unearned premium reserve.
[4] R&W recoverables recorded in other assets on the consolidated balance sheet.