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Loss And Loss Adjustment Expense Reserves (Schedule Of Financial Guarantees And Related Claim Liability) (Detail)
$ in Millions
6 Months Ended 12 Months Ended
Jun. 30, 2017
USD ($)
issue
policy
Dec. 31, 2016
USD ($)
issue
policy
Loss And Loss Adjustment Expense Reserves [Line Items]    
Number of policies | policy 426 430
Number of issues | issue [1] 147 149
Remaining weighted average contract period (in years) 8 years 9 months 18 days 7 years 1 month 6 days
Principal [2] $ 9,632 $ 10,285
Interest [2] 8,791 5,683
Total [2] 18,423 15,968
Gross claim liability [3] 922 718
Less: Gross potential recoveries 823 770
Discount, net [4] (133) (75)
Net claim liability (recoverable) 232 23
Unearned premium revenue $ 96 $ 85
Caution List Low [Member]    
Loss And Loss Adjustment Expense Reserves [Line Items]    
Number of policies | policy 95 90
Number of issues | issue [1] 21 17
Remaining weighted average contract period (in years) 7 years 4 months 24 days 7 years 6 months
Principal [2] $ 3,005 $ 2,917
Interest [2] 2,793 2,795
Total [2] 5,798 5,712
Gross claim liability [3]   0
Less: Gross potential recoveries   0
Discount, net [4]   0
Net claim liability (recoverable)   0
Unearned premium revenue $ 10 $ 9
Caution List Medium [Member]    
Loss And Loss Adjustment Expense Reserves [Line Items]    
Number of policies | policy 5 6
Number of issues | issue [1] 4 4
Remaining weighted average contract period (in years) 4 years 8 months 12 days 3 years 4 months 24 days
Principal [2] $ 14 $ 17
Interest [2] 4 4
Total [2] 18 21
Gross claim liability [3]   0
Less: Gross potential recoveries   0
Discount, net [4]   0
Net claim liability (recoverable)   0
Unearned premium revenue $ 0 $ 0
Caution List High [Member]    
Loss And Loss Adjustment Expense Reserves [Line Items]    
Number of policies | policy 1 3
Number of issues | issue [1] 1 2
Remaining weighted average contract period (in years) 8 years 9 months 18 days 7 years 2 months 12 days
Principal [2] $ 108 $ 320
Interest [2] 49 107
Total [2] 157 427
Gross claim liability [3]   0
Less: Gross potential recoveries   0
Discount, net [4]   0
Net claim liability (recoverable)   0
Unearned premium revenue $ 4 $ 8
Classified List [Member]    
Loss And Loss Adjustment Expense Reserves [Line Items]    
Number of policies | policy 325 331
Number of issues | issue [1] 121 126
Remaining weighted average contract period (in years) 9 years 6 months 7 years
Principal [2] $ 6,505 $ 7,031
Interest [2] 5,945 2,777
Total [2] 12,450 9,808
Gross claim liability [3] 922 718
Less: Gross potential recoveries 823 770
Discount, net [4] (133) (75)
Net claim liability (recoverable) 232 23
Unearned premium revenue $ 82 $ 68
[1]
An “issue” represents the aggregate of financial guarantee policies that share the same revenue source for purposes of making debt service payments on the insured debt.
[2]
Represents contractual principal and interest payments due by the issuer of the obligations insured by MBIA.
[3]
The gross claim liability with respect to Puerto Rico exposures are net of expected recoveries.
[4]
Represents discount related to Gross Claim Liability and Gross Potential Recoveries.