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Variable Interest Entities (Tables)

3 Months Ended

Mar. 31, 2014

Text Block [Abstract]

Summary Of Nonconsolidated VIEs Assets And Liabilities

					March 31, 2014
											Carrying Value of Assets									Carrying Value of Liabilities
																							Loss and Loss
								Maximum												Unearned			Adjustment
					VIE			Exposure						Premiums			Insurance Loss			Premium			Expense			Derivative
In millions					Assets			to Loss			Investments⁽¹⁾			Receivable⁽²⁾			Recoverable⁽³⁾			Revenue⁽⁴⁾			Reserves⁽⁵⁾			Liabilities⁽⁶⁾
Insurance:
	Global structured finance:
		Collateralized debt obligations			$	9,371		$	6,516		$	125		$	34		$	0		$	29		$	15		$	91
		Mortgage-backed residential				16,247			8,537			12			50			639			48			327			5
		Mortgage-backed commercial				634			332			-			1			-			1			-			-
		Consumer asset-backed				5,486			2,513			-			18			-			17			11			-
		Corporate asset-backed				11,481			6,069			1			67			18			82			-			-
	Total global structured finance					43,219			23,967			138			170			657			177			353			96
	Global public finance					53,364			20,219			-			200			-			242			6			-
Total insurance					$	96,583		$	44,186		$	138		$	370		$	657		$	419		$	359		$	96
__________
(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.

					December 31, 2013
											Carrying Value of Assets									Carrying Value of Liabilities
																							Loss and Loss
								Maximum												Unearned			Adjustment
					VIE			Exposure						Premiums			Insurance Loss			Premium			Expense			Derivative
In millions					Assets			to Loss			Investments⁽¹⁾			Receivable⁽²⁾			Recoverable⁽³⁾			Revenue⁽⁴⁾			Reserves⁽⁵⁾			Liabilities⁽⁶⁾
Insurance:
	Global structured finance:
		Collateralized debt obligations			$	12,565		$	7,693		$	120		$	43		$	-		$	37		$	21		$	108
		Mortgage-backed residential				21,738			9,251			10			53			658			51			327			5
		Mortgage-backed commercial				1,367			447			-			1			-			1			-			-
		Consumer asset-backed				7,830			2,740			9			19			-			19			13			-
		Corporate asset-backed				13,028			7,248			2			80			18			96			-			0
	Total global structured finance					56,528			27,379			141			196			676			204			361			113
	Global public finance					52,317			20,162			-			206			-			248			5			-
Total insurance					$	108,845		$	47,541		$	141		$	402		$	676		$	452		$	366		$	113
__________
(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.