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Fair Value Measurement - Fair Value of Financial Instruments (Details) (USD $)
In Millions, unless otherwise specified
Sep. 30, 2014
Dec. 31, 2013
Assets:    
Short-term investments $ 837 $ 904
Other invested assets 127 170
Credit derivative assets 86 94
FG VIEs' assets, at fair value 1,296 2,565
Liabilities:    
Credit derivative liabilities 1,654 1,787
FG VIEs' liabilities with recourse, at fair value 1,326 1,790
FG VIEs' liabilities without recourse, at fair value 133 1,081
Carrying Amount
   
Assets:    
Fixed maturity securities 10,485 9,711
Short-term investments 837 904
Other invested assets 108 147
Credit derivative assets 86 94
FG VIEs' assets, at fair value 1,296 2,565
Other assets 213 179
Liabilities:    
Financial guaranty insurance contracts 3,586 [1] 3,783 [1]
Long-term debt 1,303 816
Credit derivative liabilities 1,654 1,787
FG VIEs' liabilities with recourse, at fair value 1,326 1,790
FG VIEs' liabilities without recourse, at fair value 133 1,081
Other liabilities 107 36
Estimated Fair Value
   
Assets:    
Fixed maturity securities 10,485 9,711
Short-term investments 837 904
Other invested assets 111 155
Credit derivative assets 86 94
FG VIEs' assets, at fair value 1,296 2,565
Other assets 213 179
Liabilities:    
Financial guaranty insurance contracts 6,147 [1] 5,128 [1]
Long-term debt 1,579 970
Credit derivative liabilities 1,654 1,787
FG VIEs' liabilities with recourse, at fair value 1,326 1,790
FG VIEs' liabilities without recourse, at fair value 133 1,081
Other liabilities $ 107 $ 36
[1] Carrying amount includes the assets and liabilities related to financial guaranty insurance contract premiums, losses, and salvage and subrogation and other recoverables net of reinsurance.