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Business Segments (Summary Of Company's Segment Results) (Detail) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Dec. 31, 2023
Segment Reporting Information [Line Items]      
Revenues [1] $ 33 $ 33  
Net gains (losses) on financial instruments at fair value and foreign exchange 4 (13)  
Net gains (losses) on extinguishment of debt 1 0  
Revenues of consolidated VIEs (25) (18)  
Inter-segment revenues [2] 0 0  
Total revenues 13 2  
Losses and loss adjustment 18 6  
Amortization of deferred acquisition costs and operating 26 24  
Interest 52 51  
Expenses of consolidated VIEs 4 4  
Inter-segment expenses [2] 0 0  
Total expenses 100 85  
Income (loss) from continuing operations before income taxes (87) (83)  
Identifiable assets per segment 2,414    
Assets held for sale 74    
Total identifiable assets 2,488   $ 2,606
Operating Segments [Member] | US Public Finance Insurance [Member]      
Segment Reporting Information [Line Items]      
Revenues [1] 19 22  
Net gains (losses) on financial instruments at fair value and foreign exchange 1 2  
Net gains (losses) on extinguishment of debt 0    
Revenues of consolidated VIEs 0 0  
Inter-segment revenues [2] 6 7  
Total revenues 26 31  
Losses and loss adjustment 22 0  
Amortization of deferred acquisition costs and operating 2 2  
Interest 0 0  
Expenses of consolidated VIEs 0 0  
Inter-segment expenses [2] 11 12  
Total expenses 35 14  
Income (loss) from continuing operations before income taxes (9) 17  
Identifiable assets per segment 1,720    
Assets held for sale 0    
Total identifiable assets 1,720    
Operating Segments [Member] | Corporate Operations [Member]      
Segment Reporting Information [Line Items]      
Revenues [1] 7 5  
Net gains (losses) on financial instruments at fair value and foreign exchange 8 (12)  
Net gains (losses) on extinguishment of debt 1    
Revenues of consolidated VIEs 0 0  
Inter-segment revenues [2] 15 14  
Total revenues 31 7  
Losses and loss adjustment 0 0  
Amortization of deferred acquisition costs and operating 21 18  
Interest 13 14  
Expenses of consolidated VIEs 0 0  
Inter-segment expenses [2] 6 6  
Total expenses 40 38  
Income (loss) from continuing operations before income taxes (9) (31)  
Identifiable assets per segment 710    
Assets held for sale 0    
Total identifiable assets 710    
Operating Segments [Member] | International And Structured Finance Insurance [Member]      
Segment Reporting Information [Line Items]      
Revenues [1] 7 6  
Net gains (losses) on financial instruments at fair value and foreign exchange (5) (3)  
Net gains (losses) on extinguishment of debt 0    
Revenues of consolidated VIEs (25) (18)  
Inter-segment revenues [2] 1 2  
Total revenues (22) (13)  
Losses and loss adjustment (4) 6  
Amortization of deferred acquisition costs and operating 2 3  
Interest 39 37  
Expenses of consolidated VIEs 4 4  
Inter-segment expenses [2] 6 6  
Total expenses 47 56  
Income (loss) from continuing operations before income taxes (69) (69)  
Identifiable assets per segment 928    
Assets held for sale 0    
Total identifiable assets 928    
Intersegment Elimination [Member]      
Segment Reporting Information [Line Items]      
Revenues [1] 0 0  
Net gains (losses) on financial instruments at fair value and foreign exchange 0 0  
Net gains (losses) on extinguishment of debt 0    
Revenues of consolidated VIEs 0 0  
Inter-segment revenues [2] (22) (23)  
Total revenues (22) (23)  
Losses and loss adjustment 0 0  
Amortization of deferred acquisition costs and operating 1 1  
Interest 0 0  
Expenses of consolidated VIEs 0 0  
Inter-segment expenses [2] (23) (24)  
Total expenses (22) (23)  
Income (loss) from continuing operations before income taxes 0 $ 0  
Identifiable assets per segment [3] (944)    
Assets held for sale 0    
Total identifiable assets $ (944)    
[1] Consists of net premiums earned, net investment income, net realized investment gains (losses) 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.