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Business Segments (Summary Of Company's Segment Results) (Detail) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Dec. 31, 2022
Segment Reporting Information [Line Items]          
Revenues [1] $ 17 $ 23 $ 89 $ 53  
Net gains (losses) on financial instruments at fair value and foreign exchange 21 25 20 51  
Revenues of consolidated VIEs (30) (31) (72) (11)  
Inter-segment revenues [2] 0 0 0 0  
Total revenues 8 17 38 97  
Losses and loss adjustment 123 (12) 158 57  
Amortization of deferred acquisition costs and operating 16 16 60 49  
Interest 53 46 157 130  
Expenses of consolidated VIEs 1 2 9 5  
Inter-segment expenses [2] 0 0 0 0  
Total expenses 193 52 384 241  
Income (loss) from continuing operations before income taxes (185) (35) (346) (144)  
Identifiable assets per segment 2,916   2,916    
Net gains (losses) on extinguishment of debt 0 0 1 4  
Assets held for sale 74   74    
Total identifiable assets 2,990   2,990   $ 3,375
Operating Segments [Member] | US Public Finance Insurance [Member]          
Segment Reporting Information [Line Items]          
Revenues [1] 15 17 56 24  
Net gains (losses) on financial instruments at fair value and foreign exchange (1) (6) 1 (43)  
Revenues of consolidated VIEs 0 0 0 0  
Inter-segment revenues [2] 6 6 20 20  
Total revenues 20 17 77 1  
Losses and loss adjustment 143 16 169 152  
Amortization of deferred acquisition costs and operating 0 2 4 6  
Interest 0 0 0 0  
Expenses of consolidated VIEs 0 0 0 0  
Inter-segment expenses [2] 11 10 31 33  
Total expenses 154 28 204 191  
Income (loss) from continuing operations before income taxes (134) (11) (127) (190)  
Identifiable assets per segment 2,379   2,379    
Net gains (losses) on extinguishment of debt     0 0  
Assets held for sale 0   0    
Total identifiable assets 2,379   2,379    
Operating Segments [Member] | Corporate Operations [Member]          
Segment Reporting Information [Line Items]          
Revenues [1] (1) (3) 6 3  
Net gains (losses) on financial instruments at fair value and foreign exchange 23 35 25 111  
Revenues of consolidated VIEs 0 0   0  
Inter-segment revenues [2] 13 12 41 43  
Total revenues 35 44 73 162  
Losses and loss adjustment 0 0 0 0  
Amortization of deferred acquisition costs and operating 11 12 47 35  
Interest 13 14 41 42  
Expenses of consolidated VIEs 0 0 0 0  
Inter-segment expenses [2] 7 5 18 17  
Total expenses 31 31 106 94  
Income (loss) from continuing operations before income taxes 4 13 (33) 68  
Identifiable assets per segment 564   564    
Net gains (losses) on extinguishment of debt     0 5  
Assets held for sale 0   0    
Total identifiable assets 564   564    
Operating Segments [Member] | International And Structured Finance Insurance [Member]          
Segment Reporting Information [Line Items]          
Revenues [1] 4 9 28 26  
Net gains (losses) on financial instruments at fair value and foreign exchange (1) (4) (6) (17)  
Revenues of consolidated VIEs (30) (31) (72) (11)  
Inter-segment revenues [2] 1 2 4 7  
Total revenues (26) (24) (46) 5  
Losses and loss adjustment (20) (28) (11) (95)  
Amortization of deferred acquisition costs and operating 3 2 8 8  
Interest 40 32 116 88  
Expenses of consolidated VIEs 1 2 9 5  
Inter-segment expenses [2] 5 6 17 20  
Total expenses 29 14 139 26  
Income (loss) from continuing operations before income taxes (55) (38) (185) (21)  
Identifiable assets per segment 978   978    
Net gains (losses) on extinguishment of debt     0 0  
Assets held for sale 0   0    
Total identifiable assets 978   978    
Intersegment Elimination [Member]          
Segment Reporting Information [Line Items]          
Revenues [1] (1) 0 (1) 0  
Net gains (losses) on financial instruments at fair value and foreign exchange 0 0 0 0  
Revenues of consolidated VIEs 0 0 0 0  
Inter-segment revenues [2] (20) (20) (65) (70)  
Total revenues (21) (20) (66) (71)  
Losses and loss adjustment 0 0 0 0  
Amortization of deferred acquisition costs and operating 2 0 1 0  
Interest 0 0 0 0  
Expenses of consolidated VIEs 0 0 0 0  
Inter-segment expenses [2] (23) (21) (66) (70)  
Total expenses (21) (21) (65) (70)  
Income (loss) from continuing operations before income taxes 0 $ 1 (1) (1)  
Identifiable assets per segment [3] (1,005)   (1,005)    
Net gains (losses) on extinguishment of debt     0 $ (1)  
Assets held for sale 0   0    
Total identifiable assets $ (1,005)   $ (1,005)    
[1] Consists of net premiums earned, net investment income, net realized investment gains (losses), fees and reimbursements and other net realized gains (losses).
[2] Primarily represents intercompany service charges and intercompany net investment income and expenses.
[3] Consists principally of intercompany reinsurance balances.