XML 50 R39.htm IDEA: XBRL DOCUMENT v3.4.0.3
Loss And Loss Adjustment Expense Reserves (Schedule Of Financial Guarantees And Related Claim Liability) (Detail)
$ in Millions
3 Months Ended 12 Months Ended
Mar. 31, 2016
USD ($)
issue
policy
Dec. 31, 2015
USD ($)
issue
policy
Loss And Loss Adjustment Expense Reserves [Line Items]    
Number of policies | policy 409 411
Number of issues | issue [1] 141 140
Remaining weighted average contract period (in years) 7 years 6 months 7 years 4 months 24 days
Principal [2] $ 10,948 $ 11,160
Interest [2] 6,085 6,247
Total [2] 17,033 17,407
Gross claim liability 762 797
Less: Gross potential recoveries 541 752
Discount, net [3] 109 116
Net claim liability (recoverable) 112 (71)
Unearned premium revenue $ 97 $ 98
Caution List Low [Member]    
Loss And Loss Adjustment Expense Reserves [Line Items]    
Number of policies | policy 55 57
Number of issues | issue [1] 12 12
Remaining weighted average contract period (in years) 8 years 1 month 6 days 7 years 7 months 6 days
Principal [2] $ 2,529 $ 2,591
Interest [2] 2,713 2,733
Total [2] 5,242 5,324
Gross claim liability   0
Less: Gross potential recoveries   0
Discount, net [3]   0
Net claim liability (recoverable)   0
Unearned premium revenue $ 8 $ 8
Caution List Medium [Member]    
Loss And Loss Adjustment Expense Reserves [Line Items]    
Number of policies | policy 16 18
Number of issues | issue [1] 5 6
Remaining weighted average contract period (in years) 6 years 6 months 6 years 8 months 12 days
Principal [2] $ 147 $ 147
Interest [2] 55 57
Total [2] 202 204
Gross claim liability   0
Less: Gross potential recoveries   0
Discount, net [3]   0
Net claim liability (recoverable)   0
Unearned premium revenue $ 2 $ 2
Caution List High [Member]    
Loss And Loss Adjustment Expense Reserves [Line Items]    
Number of policies | policy 5 171
Number of issues | issue [1] 3 5
Remaining weighted average contract period (in years) 7 years 7 months 6 days 9 years 7 months 6 days
Principal [2] $ 370 $ 1,996
Interest [2] 132 1,038
Total [2] 502 3,034
Gross claim liability   0
Less: Gross potential recoveries   0
Discount, net [3]   0
Net claim liability (recoverable)   0
Unearned premium revenue $ 9 $ 33
Classified List [Member]    
Loss And Loss Adjustment Expense Reserves [Line Items]    
Number of policies | policy 333 165
Number of issues | issue [1] 121 117
Remaining weighted average contract period (in years) 7 years 3 months 18 days 6 years 8 months 12 days
Principal [2] $ 7,902 $ 6,426
Interest [2] 3,185 2,419
Total [2] 11,087 8,845
Gross claim liability 762 797
Less: Gross potential recoveries 541 752
Discount, net [3] 109 116
Net claim liability (recoverable) 112 (71)
Unearned premium revenue $ 78 $ 55
[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.