XML 32 R42.htm IDEA: XBRL DOCUMENT v2.4.0.8
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, 2014
policy
issue
Dec. 31, 2013
issue
policy
Loss And Loss Adjustment Expense Reserves [Line Items]    
Number of policies 397 299
Number of issues 171 [1] 180 [1]
Remaining weighted average contract period (in years) 9 years 8 months 12 days 9 years 8 months 12 days
Principal $ 15,595 [2] $ 14,264 [2]
Interest 9,273 [2] 8,632 [2]
Total 24,868 [2] 22,896 [2]
Gross claim liability 984 1,235
Less: Gross potential recoveries 950 1,085
Discount, net 122 [3] 205 [3]
Net claim liability (recoverable) (88) (55)
Unearned premium revenue 238 227
Caution List Low [Member]
   
Loss And Loss Adjustment Expense Reserves [Line Items]    
Number of policies 81 83
Number of issues 24 [1] 26 [1]
Remaining weighted average contract period (in years) 10 years 10 months 24 days 11 years 0 months 0 days
Principal 5,025 [2] 5,290 [2]
Interest 3,642 [2] 3,829 [2]
Total 8,667 [2] 9,119 [2]
Gross claim liability 0 0
Less: Gross potential recoveries 0 0
Discount, net 0 [3] 0 [3]
Net claim liability (recoverable) 0 0
Unearned premium revenue 99 112
Caution List Medium [Member]
   
Loss And Loss Adjustment Expense Reserves [Line Items]    
Number of policies 110 19
Number of issues 12 [1] 14 [1]
Remaining weighted average contract period (in years) 10 years 10 months 24 days 4 years 10 months 24 days
Principal 1,869 [2] 1,073 [2]
Interest 1,018 [2] 253 [2]
Total 2,887 [2] 1,326 [2]
Gross claim liability 0 0
Less: Gross potential recoveries 0 0
Discount, net 0 [3] 0 [3]
Net claim liability (recoverable) 0 0
Unearned premium revenue 35 19
Caution List High [Member]
   
Loss And Loss Adjustment Expense Reserves [Line Items]    
Number of policies 5 5
Number of issues 4 [1] 4 [1]
Remaining weighted average contract period (in years) 8 years 3 months 18 days 11 years 6 months 0 days
Principal 43 [2] 40 [2]
Interest 21 [2] 24 [2]
Total 64 [2] 64 [2]
Gross claim liability 0 0
Less: Gross potential recoveries 0 0
Discount, net 0 [3] 0 [3]
Net claim liability (recoverable) 0 0
Unearned premium revenue 0 0
Classified List [Member]
   
Loss And Loss Adjustment Expense Reserves [Line Items]    
Number of policies 201 192
Number of issues 131 [1] 136 [1]
Remaining weighted average contract period (in years) 8 years 9 months 18 days 9 years 6 months 0 days
Principal 8,658 [2] 7,861 [2]
Interest 4,592 [2] 4,526 [2]
Total 13,250 [2] 12,387 [2]
Gross claim liability 984 1,235
Less: Gross potential recoveries 950 1,085
Discount, net 122 [3] 205 [3]
Net claim liability (recoverable) (88) (55)
Unearned premium revenue $ 104 $ 96
[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.
[3] Represents discount related to Gross Claim Liability and Gross Potential Recoveries.