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Fair Value Measurement - Fair Value Level 3 Rollforward Recurring Basis (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Total Pretax Realized And Unrealized Gains (Losses) Recorded As Assets [Abstract]        
Net Income (loss) [1] $ 0   $ 0  
Other comprehensive income (loss) [1] 0   0  
Purchases 0   0  
Settlements 0   (60)  
FG VIE Consolidations 0   0  
FG VIE deconsolidations 0   0  
Fair value at end of period 0   0  
Change in unrealized gains/(losses) related to financial instruments held 0   0  
Short-term Investments [Member]        
Fair Value Level 3 Rollforward        
Fair value at beginning of period 0   60  
FG VIEs' assets, at fair value [Member]        
Fair Value Level 3 Rollforward        
Fair value at beginning of period 1,191 $ 1,495 1,261 $ 1,398
Radian Asset Acquisition   122   122
Total Pretax Realized And Unrealized Gains (Losses) Recorded As Assets [Abstract]        
Net Income (loss) [1],[2] 113 19 109 42
Other comprehensive income (loss) [1] 0 0 0 0
Purchases 0 0 0 0
Settlements (490) (40) (556) (70)
FG VIE Consolidations 0 0 0 104
FG VIE deconsolidations 0 0 0 0
Fair value at end of period 814 1,596 814 1,596
Change in unrealized gains/(losses) related to financial instruments held 11 31 15 65
Other Assets and Other Invested Assets [Member]        
Fair Value Level 3 Rollforward        
Fair value at beginning of period [3] 49 40 65 37
Radian Asset Acquisition [3]   2   2
Total Pretax Realized And Unrealized Gains (Losses) Recorded As Assets [Abstract]        
Net Income (loss) [1],[3],[4] (11) 23 (27) 25
Other comprehensive income (loss) [1],[3] 0 (1) 0 0
Purchases [3] 0 0 0 0
Settlements [3] 0 0 0 0
FG VIE Consolidations [3] 0 0 0 0
FG VIE deconsolidations [3] 0 0 0 0
Fair value at end of period [3] 38 64 38 64
Change in unrealized gains/(losses) related to financial instruments held [3] (11) 22 (27) 25
Obligations of state and political subdivisions [Member] | Fixed Maturities [Member]        
Fair Value Level 3 Rollforward        
Fair value at beginning of period 7 8 8 38
Radian Asset Acquisition   0   0
Total Pretax Realized And Unrealized Gains (Losses) Recorded As Assets [Abstract]        
Net Income (loss) [1],[5] 0 0 0 3
Other comprehensive income (loss) [1] 1 (1) 1 (3)
Purchases 33 0 33 0
Settlements 0 0 [6] (1) (31) [6]
FG VIE Consolidations 0 0 0 0
FG VIE deconsolidations 0 0 0 0
Fair value at end of period 41 7 41 7
Change in unrealized gains/(losses) related to financial instruments held 1 0 1 0
Corporate securities [Member] | Fixed Maturities [Member]        
Fair Value Level 3 Rollforward        
Fair value at beginning of period 74 79 71 79
Radian Asset Acquisition   0   0
Total Pretax Realized And Unrealized Gains (Losses) Recorded As Assets [Abstract]        
Net Income (loss) [1],[5] 2 (3) 4 (1)
Other comprehensive income (loss) [1] (18) 1 (17) (1)
Purchases 0 0 0 0
Settlements 0 0 0 0
FG VIE Consolidations 0 0 0 0
FG VIE deconsolidations 0 0 0 0
Fair value at end of period 58 77 58 77
Change in unrealized gains/(losses) related to financial instruments held (18) 1 (17) (1)
RMBS [Member] | Fixed Maturities [Member]        
Fair Value Level 3 Rollforward        
Fair value at beginning of period 360 383 348 425
Radian Asset Acquisition   4   4
Total Pretax Realized And Unrealized Gains (Losses) Recorded As Assets [Abstract]        
Net Income (loss) [1],[5] 4 8 2 17
Other comprehensive income (loss) [1] 3 (9) (2) (4)
Purchases 6 1 40 10
Settlements (24) (51) (39) (116)
FG VIE Consolidations 0 (1) 0 (1)
FG VIE deconsolidations 0 0 0 0
Fair value at end of period 349 335 349 335
Change in unrealized gains/(losses) related to financial instruments held 2 (7) (3) (1)
Asset-backed Securities [Member] | Fixed Maturities [Member]        
Fair Value Level 3 Rollforward        
Fair value at beginning of period 639 226 657 228
Radian Asset Acquisition   0   0
Total Pretax Realized And Unrealized Gains (Losses) Recorded As Assets [Abstract]        
Net Income (loss) [1],[5] 10 3 11 1
Other comprehensive income (loss) [1] (5) 8 (10) 9
Purchases 0 0 0 0
Settlements (80) (1) (94) (2)
FG VIE Consolidations 0 0 0 0
FG VIE deconsolidations 0 0 0 0
Fair value at end of period 564 236 564 236
Change in unrealized gains/(losses) related to financial instruments held (4) 8 (10) 9
FG VIEs' liabilities with recourse, at fair value [Member]        
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Fair value at beginning of period (1,165) (1,278) (1,225) (1,277)
Radian Asset Acquisition   (114)   (114)
Total Pretax Realized And Unrealized Gains (Losses) Recorded As Liabilities [Abstract]        
Net income (loss) [1],[2] (112) (5) (91) 88
Other comprehensive income (loss) [1] 0 0 0 0
Purchases 0 0 0 0
Settlements 487 36 526 73
FG VIE consolidations 0 0 0 (131)
FG VIE deconsolidations 0 0 0 0
Fair value at end of period (790) (1,361) (790) (1,361)
Change in unrealized gains/(losses) related to financial instruments held (2) (6) 19 (12)
Financial Guaranty Variable Interest Liabilities without Recourse [Member]        
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]        
Fair value at beginning of period (119) (145) (124) (142)
Radian Asset Acquisition   (4)   (4)
Total Pretax Realized And Unrealized Gains (Losses) Recorded As Liabilities [Abstract]        
Net income (loss) [1],[2] 2 (25) 4 (30)
Other comprehensive income (loss) [1] 0 0 0 0
Purchases 0 0 0 0
Settlements 2 3 5 5
FG VIE consolidations 0 0 0 0
FG VIE deconsolidations 0 0 0 0
Fair value at end of period (115) (171) (115) (171)
Change in unrealized gains/(losses) related to financial instruments held 2 (14) 3 (19)
Credit Risk Contract [Member]        
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]        
Fair value at start of period [7] (434) (782) (365) (895)
Radian Asset Acquisition [7]   (215)   (215)
Total Pretax Realized And Unrealized Gains (Losses) Recorded As Net Derivative Asset (Liability) [Abstract]        
Net income (loss) [1],[7],[8] 63 90 3 214
Other comprehensive income (loss) [1],[7] 0 0 0 0
Purchases [7] 0 0 0 0
Settlements [7] (25) (19) (34) (30)
FG VIE consolidations [7] 0 0 0 0
FG VIE deconsolidations [7] 0 0 0 0
Fair value at end of period [7] (396) (926) (396) (926)
Change in unrealized gains/(losses) related to financial instruments held [7] $ (20) $ 82 $ (99) $ 186
[1] Realized and unrealized gains (losses) from changes in values of Level 3 financial instruments represent gains (losses) from changes in values of those financial instruments only for the periods in which the instruments were classified as Level 3.
[2] Included in fair value gains (losses) on FG VIEs.
[3] Includes CCS and other invested assets.
[4] Recorded in fair value gains (losses) on CCS, net investment income and other income.
[5] Included in net realized investment gains (losses) and net investment income.
[6] Primarily non-cash transaction.
[7] Represents net position of credit derivatives. The consolidated balance sheet presents gross assets and liabilities based on net counterparty exposure.
[8] Reported in net change in fair value of credit derivatives.