Variable Interest Entities (Tables)

9 Months Ended

Sep. 30, 2016

Text Block [Abstract]

Summary Of Nonconsolidated VIEs Assets And Liabilities

			September 30, 2016
							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	$	3,487	$	2,095	$	49	$	3	$	-	$	1	$	58	$	1
		Mortgage-backed residential		9,857		5,085		22		28		347		27		339		-
		Mortgage-backed commercial		270		158		-		-		-		-		-		-
		Consumer asset-backed		5,021		1,397		-		7		1		6		7		-
		Corporate asset-backed		3,560		2,517		4		21		-		23		-		-
	Total global structured finance			22,195		11,252		75		59		348		57		404		1
	Global public finance			44,313		12,802		-		143		-		161		-		-
Total insurance			$	66,508	$	24,054	$	75	$	202	$	348	$	218	$	404	$	1
__________
(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, 2015
							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	$	5,712	$	3,046	$	51	$	9	$	-	$	6	$	108	$	6
		Mortgage-backed residential		11,524		6,072		23		31		416		30		306		-
		Mortgage-backed commercial		319		219		-		1		-		1		-		-
		Consumer asset-backed		5,538		1,712		-		13		-		11		4		-
		Corporate asset-backed		5,218		3,446		-		26		2		30		-		-
	Total global structured finance			28,311		14,495		74		80		418		78		418		6
	Global public finance			44,162		14,579		-		160		-		186		-		-
Total insurance			$	72,473	$	29,074	$	74	$	240	$	418	$	264	$	418	$	6
__________
(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.