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Financial Guaranty Insurance - Components of Net Reserves (Salvage) Insurance Contracts (Details) - USD ($)
$ in Millions
Sep. 30, 2016
Dec. 31, 2015
Insurance [Abstract]    
Loss and LAE reserve $ 1,091 $ 1,067
Reinsurance recoverable on unpaid losses (87) (69)
Loss and LAE reserve, net [1] 1,004 998
Salvage and subrogation recoverable (455) (126)
Salvage and subrogation payable [2] 23 3
Other recoverables (5) (3)
Salvage and subrogation recoverable, net and other recoverable (437) (126)
Net reserves (salvage) $ 567 $ 872
[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.