Variable Interest Entities (Tables)

9 Months Ended

Sep. 30, 2018

Text Block [Abstract]

Summary Of Nonconsolidated VIEs Assets And Liabilities

			September 30, 2018
							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	$	5,879	$	3,251	$	18	$	20	$	143	$	18	$	356
		Mortgage-backed commercial		131		59		-		-		-		-		-
		Consumer asset-backed		4,514		586		-		2		1		1		10
		Corporate asset-backed		3,854		1,377		-		9		839		11		10
	Total global structured finance			14,378		5,273		18		31		983		30		376
	Global public finance			15,058		2,296		-		9		-		12		-
Total insurance			$	29,436	$	7,569	$	18	$	40	$	983	$	42	$	376
__________
(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, 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	$	7,295	$	3,741	$	19	$	22	$	172	$	20	$	396
		Mortgage-backed commercial		216		94		-		-		-		-		-
		Consumer asset-backed		5,010		981		-		4		1		3		10
		Corporate asset-backed		2,418		1,645		-		13		-		14		-
	Total global structured finance			14,939		6,461		19		39		173		37		406
	Global public finance			15,568		2,524		-		10		-		14		-
Total insurance			$	30,507	$	8,985	$	19	$	49	$	173	$	51	$	406
__________
(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.