Variable Interest Entities (Tables)

9 Months Ended

Sep. 30, 2017

Text Block [Abstract]

Summary Of Nonconsolidated VIEs Assets And Liabilities

			September 30, 2017
							Carrying Value of Assets						Carrying Value of Liabilities
															Loss and Loss
					Maximum								Unearned		Adjustment
			VIE		Exposure				Premiums		Insurance Loss		Premium		Expense
In millions			Assets		to Loss		Investments(1)		Receivable(2)		Recoverable(3)		Revenue(4)		Reserves(5)
Insurance:
	Global structured finance:
		Mortgage-backed residential	$	7,660	$	3,955	$	19	$	24	$	248	$	22	$	407
		Mortgage-backed commercial		226		106		-		-		-		-		-
		Consumer asset-backed		4,939		1,107		-		5		2		4		11
		Corporate asset-backed		2,481		1,744		-		13		-		15		-
	Total global structured finance			15,306		6,912		19		42		250		41		418
	Global public finance			19,850		3,104		-		10		-		15		-
Total insurance			$	35,156	$	10,016	$	19	$	52	$	250	$	56	$	418
__________
(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.

			December 31, 2016
							Carrying Value of Assets						Carrying Value of Liabilities
															Loss and Loss
					Maximum								Unearned		Adjustment
			VIE		Exposure				Premiums		Insurance Loss		Premium		Expense
In millions			Assets		to Loss		Investments(1)		Receivable(2)		Recoverable(3)		Revenue(4)		Reserves(5)
Insurance:
	Global structured finance:
		Collateralized debt obligations	$	3,167	$	1,914	$	51	$	2	$	-	$	-	$	73
		Mortgage-backed residential		9,146		4,796		20		28		304		27		325
		Mortgage-backed commercial		257		145		-		-		-		-		-
		Consumer asset-backed		4,893		1,331		-		7		2		5		8
		Corporate asset-backed		2,625		2,205		5		18		-		20		-
	Total global structured finance			20,088		10,391		76		55		306		52		406
	Global public finance			44,306		12,051		-		11		-		18		-
Total insurance			$	64,394	$	22,442	$	76	$	66	$	306	$	70	$	406
__________
(1) - Reported within "Investments" on MBIA's consolidated balance sheets.
(2) - Reported within "Premiums receivable" on MBIA's consolidated balance sheets. Excludes $125 million that is included within “Assets held for sale” on the Company’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. Excludes $134 million that is included within “Liabilities held for sale” on the Company’s consolidated balance sheets.
(5) - Reported within "Loss and loss adjustment expense reserves" on MBIA's consolidated balance sheets.