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Financial Guaranty Contracts Accounted for as Credit Derivatives - Credit Derivatives Subordination and Ratings (Details) - USD ($)
$ in Millions
Sep. 30, 2016
Dec. 31, 2015
Net Par Outstanding on Credit Derivatives    
Net Par Outstanding [1] $ 19,959.0 $ 25,594.0
Pooled corporate obligations [Member]    
Net Par Outstanding on Credit Derivatives    
Net Par Outstanding $ 12,274.0 $ 17,523.0
Original Subordination (as a percent) [2] 26.60% 29.20%
Current Subordination (as a percent) [2] 28.40% 32.30%
Pooled corporate obligations [Member] | Collateralized loan obligations and collateral bond obligations [Member]    
Net Par Outstanding on Credit Derivatives    
Net Par Outstanding $ 2,583.0 $ 5,873.0
Original Subordination (as a percent) [2] 29.20% 30.90%
Current Subordination (as a percent) [2] 45.30% 42.30%
Pooled corporate obligations [Member] | Synthetic investment grade pooled corporate [Member]    
Net Par Outstanding on Credit Derivatives    
Net Par Outstanding $ 7,920.0 $ 7,108.0
Original Subordination (as a percent) [2] 22.20% 21.70%
Current Subordination (as a percent) [2] 19.90% 19.40%
Pooled corporate obligations [Member] | TruPS CDOs [Member]    
Net Par Outstanding on Credit Derivatives    
Net Par Outstanding $ 1,771.0 $ 3,429.0
Original Subordination (as a percent) [2] 42.20% 45.80%
Current Subordination (as a percent) [2] 41.60% 42.60%
Pooled corporate obligations [Member] | Market Value of CDOs of corporate obligations [Member]    
Net Par Outstanding on Credit Derivatives    
Net Par Outstanding $ 0.0 $ 1,113.0
Original Subordination (as a percent) [2] 0.00% 17.00%
Current Subordination (as a percent) [2] 0.00% 30.10%
RMBS [Member] | United States [Member]    
Net Par Outstanding on Credit Derivatives    
Net Par Outstanding $ 1,182.0 $ 1,526.0
Original Subordination (as a percent) [2] 25.10% 24.10%
Current Subordination (as a percent) [2] 40.30% 37.40%
RMBS [Member] | Option Adjustable Rate Mortgage and Alt-A Mortgage [Member] | United States [Member]    
Net Par Outstanding on Credit Derivatives    
Net Par Outstanding $ 277.0 $ 351.0
Original Subordination (as a percent) [2] 9.40% 10.50%
Current Subordination (as a percent) [2] 12.70% 12.70%
RMBS [Member] | Subprime [Member] | United States [Member]    
Net Par Outstanding on Credit Derivatives    
Net Par Outstanding $ 891.0 $ 981.0
Original Subordination (as a percent) [2] 27.80% 27.70%
Current Subordination (as a percent) [2] 45.00% 45.20%
RMBS [Member] | Prime [Member] | United States [Member]    
Net Par Outstanding on Credit Derivatives    
Net Par Outstanding $ 0.0 $ 177.0
Original Subordination (as a percent) [2] 0.00% 10.90%
Current Subordination (as a percent) [2] 0.00% 0.00%
RMBS [Member] | Closed-end [Member] | United States [Member]    
Net Par Outstanding on Credit Derivatives    
Net Par Outstanding $ 14.0 $ 17.0
Original Subordination (as a percent) [2] 0.00% 0.00%
Current Subordination (as a percent) [2] 0.00% 0.00%
CMBS [Member]    
Net Par Outstanding on Credit Derivatives    
Net Par Outstanding $ 159.0 $ 530.0
Original Subordination (as a percent) [2] 56.90% 44.80%
Current Subordination (as a percent) [2] 78.90% 52.60%
Other [Member]    
Net Par Outstanding on Credit Derivatives    
Net Par Outstanding $ 6,344.0 $ 6,015.0
Original Subordination (as a percent) [2] 0.00% 0.00%
Current Subordination (as a percent) [2] 0.00% 0.00%
CIFG Holding Inc. [Member]    
Net Par Outstanding on Credit Derivatives    
Net Par Outstanding $ 2.3  
[1] The September 30, 2016 total amount includes $2.3 million net par outstanding of credit derivatives acquired from CIFG.
[2] Represents the sum of subordinate tranches and over-collateralization and does not include any benefit from excess interest collections that may be used to absorb losses.