Consolidated Balance Sheets - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
Investments:
Fixed-maturity securities, available-for-sale:	$ 7,119	$ 8,202
Fixed-maturity securities, trading, at fair value	303	0
Short-term investments	810	1,225
Other invested assets (includes $30 and $31, at fair value)	133	181
Total investments	8,365	9,608
Cash	107	120
Premiums receivable, net of commissions payable	1,298	1,372
Deferred acquisition costs	147	131
Salvage and subrogation recoverable	257	801
Financial guaranty variable interest entities’ assets (includes $413 and $260, at fair value)	416	260
Assets of consolidated investment vehicles (includes $5,363 and $4,902, at fair value)	5,493	5,271
Goodwill and other intangible assets	163	175
Other assets (includes $148 and $132, at fair value)	597	470
Total assets	16,843	18,208
Liabilities
Unearned premium reserve	3,620	3,716
Loss and loss adjustment expense reserve	296	869
Long-term debt	1,675	1,673
Credit derivative liabilities, at fair value	163	156
Financial guaranty variable interest entities’ liabilities, at fair value (with recourse $702 and $269, without recourse $13 and $20)	715	289
Liabilities of consolidated investment vehicles (includes $4,431 and $3,849, at fair value)	4,625	4,436
Other liabilities	457	569
Total liabilities	11,551	11,708
Commitments and contingencies (Note 18)
Redeemable noncontrolling interests (Note 8)	0	22
Shareholders’ equity
Common shares ($0.01 par value, 500,000,000 shares authorized; 59,013,040 and 67,518,424 shares issued and outstanding)	1	1
Retained earnings	5,577	5,990
Accumulated other comprehensive income (loss), net of tax of $(84) and $60	(515)	300
Deferred equity compensation	1	1
Total shareholders’ equity attributable to Assured Guaranty Ltd.	5,064	6,292
Nonredeemable noncontrolling interests (Note 8)	228	186
Total shareholders’ equity	5,292	6,478
Total liabilities, redeemable noncontrolling interests and shareholders’ equity	$ 16,843	$ 18,208