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Expected Loss to be Paid (Recovered) - Net Expected Loss to be Paid After Net Expected Recoveries for Breaches of R&W Rollforward (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Dec. 31, 2021
Present Value of Net Expected Loss and Loss Adjustment Expenses to be Paid [Roll Forward]          
Net expected loss to be paid (recovered), beginning of period $ 432 $ 472 $ 411 $ 529  
Accretion of discount 3 2 5 3  
Changes in discount rates (42) 15 (89) (33)  
Changes in timing and assumptions 7 (37) 8 23  
Total economic loss development (benefit) (32) (20) (76) (7)  
Net (paid) recovered losses 42 14 107 (56)  
Net expected loss to be paid (recovered), end of period 442 466 $ 442 466  
Period after the end of the reporting period within which the ceded paid losses are typically settled (in days)     45 days    
Loss and LAE Reserve paid 7 6 $ 20 10  
Expected LAE to be paid 14   14   $ 26
Public finance          
Present Value of Net Expected Loss and Loss Adjustment Expenses to be Paid [Roll Forward]          
Net expected loss to be paid (recovered), beginning of period 191 252 209 341  
Total economic loss development (benefit) 6 0 (44) 3  
Net (paid) recovered losses 20 (9) 52 (101)  
Net expected loss to be paid (recovered), end of period 217 243 217 243  
Public finance | United States          
Present Value of Net Expected Loss and Loss Adjustment Expenses to be Paid [Roll Forward]          
Net expected loss to be paid (recovered), beginning of period 181 228 197 305  
Total economic loss development (benefit) 8 1 (40) 16  
Net (paid) recovered losses 21 (8) 53 (100)  
Net expected loss to be paid (recovered), end of period 210 221 210 221  
Public finance | Non-U.S. public finance          
Present Value of Net Expected Loss and Loss Adjustment Expenses to be Paid [Roll Forward]          
Net expected loss to be paid (recovered), beginning of period 10 24 12 36  
Total economic loss development (benefit) (2) (1) (4) (13)  
Net (paid) recovered losses (1) (1) (1) (1)  
Net expected loss to be paid (recovered), end of period 7 22 7 22  
RMBS | United States          
Present Value of Net Expected Loss and Loss Adjustment Expenses to be Paid [Roll Forward]          
Net expected loss to be paid (recovered), beginning of period 195 181 150 148  
Total economic loss development (benefit) (39) (28) (32) (17)  
Net (paid) recovered losses 23 25 61 47  
Net expected loss to be paid (recovered), end of period 179 178 179 178  
Other structured finance          
Present Value of Net Expected Loss and Loss Adjustment Expenses to be Paid [Roll Forward]          
Net expected loss to be paid (recovered), beginning of period 46 39 52 40  
Total economic loss development (benefit) 1 8 0 7  
Net (paid) recovered losses (1) (2) (6) (2)  
Net expected loss to be paid (recovered), end of period 46 45 46 45  
Structured finance          
Present Value of Net Expected Loss and Loss Adjustment Expenses to be Paid [Roll Forward]          
Net expected loss to be paid (recovered), beginning of period 241 220 202 188  
Total economic loss development (benefit) (38) (20) (32) (10)  
Net (paid) recovered losses 22 23 55 45  
Net expected loss to be paid (recovered), end of period $ 225 $ 223 $ 225 $ 223