Variable Interest Entities (Tables)

9 Months Ended

Sep. 30, 2011

Variable Interest Entities [Abstract]

Summary Of Nonconsolidated VIEs Assets And Liabilities

	September 30, 2011
					Carrying Value of Assets						Carrying Value of Liabilities
In millions	VIE Assets		Maximum Exposure to Loss		Investments (1)		Premiums Receivable  (2)		Insurance Loss Recoverable (3)		Unearned Premium Revenue  (4)		Loss and Loss Adjustment Expense Reserves (5)		Derivative Liabilities  (6)
Insurance:
Global structured finance:
Collateralized debt obligations	$	27,830	$	15,690	$	61	$	66	$	-	$	57	$	-	$	122
Mortgage-backed residential		49,725		16,537		63		88		2,505		87		469		4
Mortgage-backed commercial		5,293		2,906		-		2		-		2		-		-
Consumer asset-backed		8,396		4,854		17		27		-		26		30		-
Corporate asset-backed		30,640		16,235		245		209		27		224		-		1
Total global structured finance	$	121,884	$	56,222	$	386	$	392	$	2,532	$	396	$	499	$	127
Global public finance		41,272		21,879		-		211		-		265		-		-
Total insurance	$	163,156	$	78,101	$	386	$	603	$	2,532	$	661	$	499	$	127

(1) - Reported within "Investments" on MBIA's consolidated balance sheets.

(2) - Reported within "Premiums receivable" on MBIA's consolidated balance sheets.

(3) - Reported within "Insurance loss recoverable" on MBIA's consolidated balance sheets.

(4) - Reported within "Unearned premium revenue" on MBIA's consolidated balance sheets.

(5) - Reported within "Loss and loss adjustment expense reserves" on MBIA's consolidated balance sheets.

(6) - Reported within "Derivative liabilities" on MBIA's consolidated balance sheets.