XML 59 R45.htm IDEA: XBRL DOCUMENT v2.4.0.6
Loss And Loss Adjustment Expense Reserves (Schedule Of Financial Guarantees And Related Claim Liability) (Detail) (USD $)
In Millions, unless otherwise specified
6 Months Ended 12 Months Ended
Jun. 30, 2012
Policies
Issues
Dec. 31, 2011
Issues
Policies
Loss And Loss Adjustment Expense Reserves [Line Items]    
Number of policies 295 296
Number of issues 189 [1] 191 [1]
Remaining weighted average contract period (in years) 8 years 9 months 18 days 8 years 9 months 18 days
Principal $ 15,312 [2] $ 16,504 [2]
Interest 8,696 [2] 8,984 [2]
Total 24,008 [2] 25,488 [2]
Gross claim liability 1,686 1,812
Less: Gross potential recoveries 3,879 3,813
Discount, net 166 177
Net claim liability (recoverable) (2,359) (2,178)
Unearned premium revenue 279 308
Caution List Low [Member]
   
Loss And Loss Adjustment Expense Reserves [Line Items]    
Number of policies 53 54
Number of issues 29 [1] 32 [1]
Remaining weighted average contract period (in years) 8 years 9 months 18 days 8 years 2 months 12 days
Principal 3,652 [2] 4,310 [2]
Interest 2,670 [2] 2,653 [2]
Total 6,322 [2] 6,963 [2]
Unearned premium revenue 132 155
Caution List Medium [Member]
   
Loss And Loss Adjustment Expense Reserves [Line Items]    
Number of policies 27 28
Number of issues 16 [1] 18 [1]
Remaining weighted average contract period (in years) 4 years 9 months 18 days 5 years 7 months 6 days
Principal 1,408 [2] 1,213 [2]
Interest 358 [2] 351 [2]
Total 1,766 [2] 1,564 [2]
Unearned premium revenue 17 16
Caution List High [Member]
   
Loss And Loss Adjustment Expense Reserves [Line Items]    
Number of policies 11 14
Number of issues 10 [1] 11 [1]
Remaining weighted average contract period (in years) 7 years 4 months 24 days 6 years
Principal 395 [2] 561 [2]
Interest 121 [2] 144 [2]
Total 516 [2] 705 [2]
Unearned premium revenue 4 3
Classified List [Member]
   
Loss And Loss Adjustment Expense Reserves [Line Items]    
Number of policies 204 200
Number of issues 134 [1] 130 [1]
Remaining weighted average contract period (in years) 9 years 6 months 9 years 7 months 6 days
Principal 9,857 [2] 10,420 [2]
Interest 5,547 [2] 5,836 [2]
Total 15,404 [2] 16,256 [2]
Gross claim liability 1,686 1,812
Less: Gross potential recoveries 3,879 3,813
Discount, net 166 177
Net claim liability (recoverable) (2,359) (2,178)
Unearned premium revenue $ 126 $ 134
[1] An "issue" represents the aggregate of financial guarantee policies that share the same revenue source for purposes of making debt service payments.
[2] Represents contractual principal and interest payments due by the issuer of the obligations insured by MBIA.