XML 68 R116.htm IDEA: XBRL DOCUMENT v2.4.1.9
Insurance Company Regulatory Requirements - Narrative (Details) (USD $)
3 Months Ended 12 Months Ended 6 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Dec. 31, 2014
Sep. 30, 2013
Dec. 31, 2014
Dec. 31, 2013
Jul. 16, 2013
Assured Guaranty Re [Member]              
Statutory Accounting Practices [Line Items]              
Policyholders' surplus     $ 1,114,000,000us-gaap_StatutoryAccountingPracticesStatutoryCapitalAndSurplusBalance
/ dei_LegalEntityAxis
= ago_AssuredGuarantyReMember
  $ 1,114,000,000us-gaap_StatutoryAccountingPracticesStatutoryCapitalAndSurplusBalance
/ dei_LegalEntityAxis
= ago_AssuredGuarantyReMember
$ 1,119,000,000us-gaap_StatutoryAccountingPracticesStatutoryCapitalAndSurplusBalance
/ dei_LegalEntityAxis
= ago_AssuredGuarantyReMember
 
AGM and AGC [Member]              
Statutory Accounting Practices [Line Items]              
Contingency reserves reassumed, release of assets   130,000,000ago_StatutoryAccountingPracticesContingencyReservesReassumedReleaseofAssets
/ dei_LegalEntityAxis
= ago_AssuredGuarantyMunicipalCorpandAssuredGuarantyCorpMember
         
Contingency reserves reassumed, percentage 50.00%ago_StatutoryAccountingPracticesContingencyReservesReassumed
/ dei_LegalEntityAxis
= ago_AssuredGuarantyMunicipalCorpandAssuredGuarantyCorpMember
33.00%ago_StatutoryAccountingPracticesContingencyReservesReassumed
/ dei_LegalEntityAxis
= ago_AssuredGuarantyMunicipalCorpandAssuredGuarantyCorpMember
         
Reassumed contingency reserves 244,000,000ago_StatutoryAccountingPracticesReassumedContingencyReserves
/ dei_LegalEntityAxis
= ago_AssuredGuarantyMunicipalCorpandAssuredGuarantyCorpMember
           
Contingency reserves, release of assets 274,000,000ago_StatutoryAccountingPracticesContingencyReservesReleaseofAssets
/ dei_LegalEntityAxis
= ago_AssuredGuarantyMunicipalCorpandAssuredGuarantyCorpMember
           
Assured Guaranty Europe Ltd [Member]              
Statutory Accounting Practices [Line Items]              
Contingency reserves reassumed, percentage     83.00%ago_StatutoryAccountingPracticesContingencyReservesReassumed
/ dei_LegalEntityAxis
= ago_AssuredGuarantyEuropeLtdMember
       
Reassumed contingency reserves     24,500,000ago_StatutoryAccountingPracticesReassumedContingencyReserves
/ dei_LegalEntityAxis
= ago_AssuredGuarantyEuropeLtdMember
       
AGC [Member]              
Statutory Accounting Practices [Line Items]              
Policyholders' surplus     1,086,000,000us-gaap_StatutoryAccountingPracticesStatutoryCapitalAndSurplusBalance
/ dei_LegalEntityAxis
= ago_AssuredGuarantyCorpMember
[1]   1,086,000,000us-gaap_StatutoryAccountingPracticesStatutoryCapitalAndSurplusBalance
/ dei_LegalEntityAxis
= ago_AssuredGuarantyCorpMember
[1] 693,000,000us-gaap_StatutoryAccountingPracticesStatutoryCapitalAndSurplusBalance
/ dei_LegalEntityAxis
= ago_AssuredGuarantyCorpMember
[1]  
Payments for interest in subsidiary       275,000,000ago_StatutoryAccountingPracticesIntercompanyTransactionPaymentsforInterestinSubsidiaries
/ dei_LegalEntityAxis
= ago_AssuredGuarantyCorpMember
     
Intercompany, ceded premiums       24,000,000,000ago_StatutoryAccountingPracticesIntercompanyTransactionCededPremiums
/ dei_LegalEntityAxis
= ago_AssuredGuarantyCorpMember
     
Intercompany, ceded unearned premiums       249,000,000ago_StatutoryAccountingPracticesIntercompanyTransactionCededUnearnedPremiums
/ dei_LegalEntityAxis
= ago_AssuredGuarantyCorpMember
     
Contingency reserves, release of assets         540,000,000ago_StatutoryAccountingPracticesContingencyReservesReleaseofAssets
/ dei_LegalEntityAxis
= ago_AssuredGuarantyCorpMember
   
MAC [Member]              
Statutory Accounting Practices [Line Items]              
Policyholders' surplus     612,000,000us-gaap_StatutoryAccountingPracticesStatutoryCapitalAndSurplusBalance
/ dei_LegalEntityAxis
= ago_MunicipalAssuranceCorpMember
  612,000,000us-gaap_StatutoryAccountingPracticesStatutoryCapitalAndSurplusBalance
/ dei_LegalEntityAxis
= ago_MunicipalAssuranceCorpMember
514,000,000us-gaap_StatutoryAccountingPracticesStatutoryCapitalAndSurplusBalance
/ dei_LegalEntityAxis
= ago_MunicipalAssuranceCorpMember
800,000,000us-gaap_StatutoryAccountingPracticesStatutoryCapitalAndSurplusBalance
/ dei_LegalEntityAxis
= ago_MunicipalAssuranceCorpMember
Assured Guaranty (Bermuda) Ltd (AGBM) [Member]              
Statutory Accounting Practices [Line Items]              
Surplus notes             82,500,000.0us-gaap_SurplusNotes
/ dei_LegalEntityAxis
= ago_AssuredGuarantyBermudaLtdAGBMMember
Municipal Assurance Corp Holdings [Member]              
Statutory Accounting Practices [Line Items]              
Policyholders' surplus             400,000,000us-gaap_StatutoryAccountingPracticesStatutoryCapitalAndSurplusBalance
/ dei_LegalEntityAxis
= ago_MunicipalAssuranceCorpHoldingsMember
Surplus notes             300,000,000us-gaap_SurplusNotes
/ dei_LegalEntityAxis
= ago_MunicipalAssuranceCorpHoldingsMember
AGM [Member]              
Statutory Accounting Practices [Line Items]              
Policyholders' surplus     2,267,000,000us-gaap_StatutoryAccountingPracticesStatutoryCapitalAndSurplusBalance
/ dei_LegalEntityAxis
= ago_AssuredGuarantyMunicipalCorpMember
[1]   2,267,000,000us-gaap_StatutoryAccountingPracticesStatutoryCapitalAndSurplusBalance
/ dei_LegalEntityAxis
= ago_AssuredGuarantyMunicipalCorpMember
[1] 1,733,000,000us-gaap_StatutoryAccountingPracticesStatutoryCapitalAndSurplusBalance
/ dei_LegalEntityAxis
= ago_AssuredGuarantyMunicipalCorpMember
[1]  
Payments for interest in subsidiary       425,000,000ago_StatutoryAccountingPracticesIntercompanyTransactionPaymentsforInterestinSubsidiaries
/ dei_LegalEntityAxis
= ago_AssuredGuarantyMunicipalCorpMember
     
Intercompany, ceded premiums       87,000,000,000ago_StatutoryAccountingPracticesIntercompanyTransactionCededPremiums
/ dei_LegalEntityAxis
= ago_AssuredGuarantyMunicipalCorpMember
     
Intercompany, ceded unearned premiums       468,000,000ago_StatutoryAccountingPracticesIntercompanyTransactionCededUnearnedPremiums
/ dei_LegalEntityAxis
= ago_AssuredGuarantyMunicipalCorpMember
     
Contingency reserves, release of assets         588,000,000ago_StatutoryAccountingPracticesContingencyReservesReleaseofAssets
/ dei_LegalEntityAxis
= ago_AssuredGuarantyMunicipalCorpMember
   
AGM [Member] | AGM [Member]              
Statutory Accounting Practices [Line Items]              
Surplus notes             100,000,000us-gaap_SurplusNotes
/ us-gaap_CounterpartyNameAxis
= ago_AssuredGuarantyMunicipalCorpMember
/ dei_LegalEntityAxis
= ago_AssuredGuarantyMunicipalCorpMember
Subsidiaries [Member] | Municipal Assurance Corp Holdings [Member] | AGM [Member]              
Statutory Accounting Practices [Line Items]              
Holding company's percent ownership of common stock             61.00%ago_HoldingCompanysPercentOwnershipofCommonStock
/ us-gaap_CounterpartyNameAxis
= ago_AssuredGuarantyMunicipalCorpMember
/ dei_LegalEntityAxis
= ago_MunicipalAssuranceCorpHoldingsMember
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= us-gaap_SubsidiariesMember
Subsidiaries [Member] | Municipal Assurance Corp Holdings [Member] | MAC [Member]              
Statutory Accounting Practices [Line Items]              
Holding company's percent ownership of common stock             100.00%ago_HoldingCompanysPercentOwnershipofCommonStock
/ us-gaap_CounterpartyNameAxis
= ago_MunicipalAssuranceCorpMember
/ dei_LegalEntityAxis
= ago_MunicipalAssuranceCorpHoldingsMember
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= us-gaap_SubsidiariesMember
Subsidiaries [Member] | Municipal Assurance Corp Holdings [Member] | AGC [Member]              
Statutory Accounting Practices [Line Items]              
Holding company's percent ownership of common stock             39.00%ago_HoldingCompanysPercentOwnershipofCommonStock
/ us-gaap_CounterpartyNameAxis
= ago_AssuredGuarantyCorpMember
/ dei_LegalEntityAxis
= ago_MunicipalAssuranceCorpHoldingsMember
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= us-gaap_SubsidiariesMember
New York [Member] | Assured Guaranty (Europe) and Assured Guaranty Municipal Corp. [Member]              
Statutory Accounting Practices [Line Items]              
Contingency reserves reassumed, amount           250,000,000ago_StatutoryAccountingPracticesContingencyReservesReassumedAmount
/ dei_LegalEntityAxis
= ago_AssuredGuarantyEuropeandAssuredGuarantyMunicipalCorp.Member
/ us-gaap_StatutoryAccountingPracticesByJurisdictionAxis
= stpr_NY
 
Contingency reserves reassumed, year two, percentage           50.00%ago_StatutoryAccountingPracticesContingencyReservesReassumedYearTwoPercentage
/ dei_LegalEntityAxis
= ago_AssuredGuarantyEuropeandAssuredGuarantyMunicipalCorp.Member
/ us-gaap_StatutoryAccountingPracticesByJurisdictionAxis
= stpr_NY
 
Contingency reserves reassumed, year three, percentage           17.00%ago_StatutoryAccountingPracticesContingencyReservesReassumedYearThreePercentage
/ dei_LegalEntityAxis
= ago_AssuredGuarantyEuropeandAssuredGuarantyMunicipalCorp.Member
/ us-gaap_StatutoryAccountingPracticesByJurisdictionAxis
= stpr_NY
 
Contingency reserves reassumed, percentage           33.00%ago_StatutoryAccountingPracticesContingencyReservesReassumed
/ dei_LegalEntityAxis
= ago_AssuredGuarantyEuropeandAssuredGuarantyMunicipalCorp.Member
/ us-gaap_StatutoryAccountingPracticesByJurisdictionAxis
= stpr_NY
 
New York [Member] | AGM [Member]              
Statutory Accounting Practices [Line Items]              
Threshold for dividend payments as a percentage of policyholder surplus         10.00%ago_StatutoryAccountingPracticesStatutoryThresholdforDividendPaymentsPercentageofPolicyholderSurplus
/ dei_LegalEntityAxis
= ago_AssuredGuarantyMunicipalCorpMember
/ us-gaap_StatutoryAccountingPracticesByJurisdictionAxis
= stpr_NY
   
Threshold for dividend payments, percentage of adjusted net investment income         100.00%ago_StatutoryAccountingPracticesStatutoryThresholdforDividendPaymentsPercentageofAdjustedNetInvestmentIncome
/ dei_LegalEntityAxis
= ago_AssuredGuarantyMunicipalCorpMember
/ us-gaap_StatutoryAccountingPracticesByJurisdictionAxis
= stpr_NY
   
Amount available for distribution, current year     227,000,000us-gaap_StatutoryAccountingPracticesStatutoryAmountAvailableForDividendPaymentsWithoutRegulatoryApproval
/ dei_LegalEntityAxis
= ago_AssuredGuarantyMunicipalCorpMember
/ us-gaap_StatutoryAccountingPracticesByJurisdictionAxis
= stpr_NY
  227,000,000us-gaap_StatutoryAccountingPracticesStatutoryAmountAvailableForDividendPaymentsWithoutRegulatoryApproval
/ dei_LegalEntityAxis
= ago_AssuredGuarantyMunicipalCorpMember
/ us-gaap_StatutoryAccountingPracticesByJurisdictionAxis
= stpr_NY
   
Amount available for distribution, next fiscal quarter     67,000,000ago_StatutoryAccountingPracticesStatutoryAmountAvailableforDividendPaymentswithoutRegulatoryApprovalAvailableinNextFiscalQuarter
/ dei_LegalEntityAxis
= ago_AssuredGuarantyMunicipalCorpMember
/ us-gaap_StatutoryAccountingPracticesByJurisdictionAxis
= stpr_NY
  67,000,000ago_StatutoryAccountingPracticesStatutoryAmountAvailableforDividendPaymentswithoutRegulatoryApprovalAvailableinNextFiscalQuarter
/ dei_LegalEntityAxis
= ago_AssuredGuarantyMunicipalCorpMember
/ us-gaap_StatutoryAccountingPracticesByJurisdictionAxis
= stpr_NY
   
MARYLAND | AGC [Member]              
Statutory Accounting Practices [Line Items]              
Contingency reserves reassumed, year two, percentage           50.00%ago_StatutoryAccountingPracticesContingencyReservesReassumedYearTwoPercentage
/ dei_LegalEntityAxis
= ago_AssuredGuarantyCorpMember
/ us-gaap_StatutoryAccountingPracticesByJurisdictionAxis
= stpr_MD
 
Contingency reserves reassumed, year three, percentage           17.00%ago_StatutoryAccountingPracticesContingencyReservesReassumedYearThreePercentage
/ dei_LegalEntityAxis
= ago_AssuredGuarantyCorpMember
/ us-gaap_StatutoryAccountingPracticesByJurisdictionAxis
= stpr_MD
 
Contingency reserves reassumed, percentage           33.00%ago_StatutoryAccountingPracticesContingencyReservesReassumed
/ dei_LegalEntityAxis
= ago_AssuredGuarantyCorpMember
/ us-gaap_StatutoryAccountingPracticesByJurisdictionAxis
= stpr_MD
 
Threshold for dividend payments as a percentage of policyholder surplus         10.00%ago_StatutoryAccountingPracticesStatutoryThresholdforDividendPaymentsPercentageofPolicyholderSurplus
/ dei_LegalEntityAxis
= ago_AssuredGuarantyCorpMember
/ us-gaap_StatutoryAccountingPracticesByJurisdictionAxis
= stpr_MD
   
Threshold for dividend payments, percentage of adjusted net investment income         100.00%ago_StatutoryAccountingPracticesStatutoryThresholdforDividendPaymentsPercentageofAdjustedNetInvestmentIncome
/ dei_LegalEntityAxis
= ago_AssuredGuarantyCorpMember
/ us-gaap_StatutoryAccountingPracticesByJurisdictionAxis
= stpr_MD
   
Amount available for distribution, current year     21,000,000us-gaap_StatutoryAccountingPracticesStatutoryAmountAvailableForDividendPaymentsWithoutRegulatoryApproval
/ dei_LegalEntityAxis
= ago_AssuredGuarantyCorpMember
/ us-gaap_StatutoryAccountingPracticesByJurisdictionAxis
= stpr_MD
  21,000,000us-gaap_StatutoryAccountingPracticesStatutoryAmountAvailableForDividendPaymentsWithoutRegulatoryApproval
/ dei_LegalEntityAxis
= ago_AssuredGuarantyCorpMember
/ us-gaap_StatutoryAccountingPracticesByJurisdictionAxis
= stpr_MD
   
Reassumed contingency reserves           267,000,000ago_StatutoryAccountingPracticesReassumedContingencyReserves
/ dei_LegalEntityAxis
= ago_AssuredGuarantyCorpMember
/ us-gaap_StatutoryAccountingPracticesByJurisdictionAxis
= stpr_MD
 
MARYLAND | AGUS [Member] | AGC [Member]              
Statutory Accounting Practices [Line Items]              
Dividend restrictions on outstanding statutory surplus     90,000,000us-gaap_DividendPaymentsRestrictionsScheduleStatutoryCapitalAndSurplus1
/ dei_LegalEntityAxis
= ago_AssuredGuarantyCorpMember
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= ago_AssuredGuarantyUSHoldingIncMember
/ us-gaap_StatutoryAccountingPracticesByJurisdictionAxis
= stpr_MD
  90,000,000us-gaap_DividendPaymentsRestrictionsScheduleStatutoryCapitalAndSurplus1
/ dei_LegalEntityAxis
= ago_AssuredGuarantyCorpMember
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= ago_AssuredGuarantyUSHoldingIncMember
/ us-gaap_StatutoryAccountingPracticesByJurisdictionAxis
= stpr_MD
   
Bermuda [Member] | Assured Guaranty Re [Member]              
Statutory Accounting Practices [Line Items]              
Unencumbered assets     651,000,000ago_UnencumberedAsset
/ dei_LegalEntityAxis
= ago_AssuredGuarantyReMember
/ us-gaap_StatutoryAccountingPracticesByJurisdictionAxis
= country_BM
  651,000,000ago_UnencumberedAsset
/ dei_LegalEntityAxis
= ago_AssuredGuarantyReMember
/ us-gaap_StatutoryAccountingPracticesByJurisdictionAxis
= country_BM
   
Dividend Payment Restrictions Schedule, Percentage of Statutory Capital         15.00%ago_DividendPaymentRestrictionsSchedulePercentageOfStatutoryCapital
/ dei_LegalEntityAxis
= ago_AssuredGuarantyReMember
/ us-gaap_StatutoryAccountingPracticesByJurisdictionAxis
= country_BM
   
Statutory surplus     271,000,000ago_DividendPaymentsRestrictionsScheduleStatutorySurplus
/ dei_LegalEntityAxis
= ago_AssuredGuarantyReMember
/ us-gaap_StatutoryAccountingPracticesByJurisdictionAxis
= country_BM
  271,000,000ago_DividendPaymentsRestrictionsScheduleStatutorySurplus
/ dei_LegalEntityAxis
= ago_AssuredGuarantyReMember
/ us-gaap_StatutoryAccountingPracticesByJurisdictionAxis
= country_BM
   
Dividend restrictions on outstanding statutory surplus     279,000,000us-gaap_DividendPaymentsRestrictionsScheduleStatutoryCapitalAndSurplus1
/ dei_LegalEntityAxis
= ago_AssuredGuarantyReMember
/ us-gaap_StatutoryAccountingPracticesByJurisdictionAxis
= country_BM
  279,000,000us-gaap_DividendPaymentsRestrictionsScheduleStatutoryCapitalAndSurplus1
/ dei_LegalEntityAxis
= ago_AssuredGuarantyReMember
/ us-gaap_StatutoryAccountingPracticesByJurisdictionAxis
= country_BM
   
Dividend Payment Restrictions Schedule Amount of Statutory Capital         $ 127,000,000ago_DividendPaymentRestrictionsScheduleAmountOfStatutoryCapital
/ dei_LegalEntityAxis
= ago_AssuredGuarantyReMember
/ us-gaap_StatutoryAccountingPracticesByJurisdictionAxis
= country_BM
   
Dividend restrictions on statutory capital and surplus (as a percent)         25.00%ago_DividendPaymentRestrictionsSchedulePercentageOfStatutoryCapitalAndSurplus
/ dei_LegalEntityAxis
= ago_AssuredGuarantyReMember
/ us-gaap_StatutoryAccountingPracticesByJurisdictionAxis
= country_BM
   
Minimum [Member]              
Statutory Accounting Practices [Line Items]              
Rate at which present value of expected losses are discounted (as a percent)     4.50%ago_InsuredFinancialObligationsDiscountRate
/ us-gaap_RangeAxis
= us-gaap_MinimumMember
  4.50%ago_InsuredFinancialObligationsDiscountRate
/ us-gaap_RangeAxis
= us-gaap_MinimumMember
   
Maximum [Member]              
Statutory Accounting Practices [Line Items]              
Rate at which present value of expected losses are discounted (as a percent)     5.00%ago_InsuredFinancialObligationsDiscountRate
/ us-gaap_RangeAxis
= us-gaap_MaximumMember
  5.00%ago_InsuredFinancialObligationsDiscountRate
/ us-gaap_RangeAxis
= us-gaap_MaximumMember
   
[1] Policyholders' surplus of AGM and AGC include their indirect share of MAC. AGM and AGC own approximately 61% and 39%, respectively, of the outstanding stock of Municipal Assurance Holdings Inc. ("MAC Holdings"), which owns 100% of the outstanding common stock of MAC.