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Loss And Loss Adjustment Expense Reserves (Schedule Of Financial Guarantees And Related Claim Liability) (Detail)
$ in Millions
9 Months Ended 12 Months Ended
Sep. 30, 2019
USD ($)
issue
policy
Dec. 31, 2018
USD ($)
issue
policy
Loss And Loss Adjustment Expense Reserves [Line Items]    
Number of policies | policy 281 301
Number of issues | issue [1] 115 122
Remaining weighted average contract period (in years) 7 years 8 months 12 days 8 years 10 months 24 days
Principal [2] $ 5,731 $ 7,206
Interest [2] 3,959 7,655
Total [2] 9,690 14,861
Gross claim liability [3] 944 1,085
Less: Gross potential recoveries [4] 2,321 2,363
Discount, net [5] (417) (670)
Net claim liability (recoverable) (960) (608)
Unearned premium revenue 49 72
Reinsurance recoverables on paid and unpaid losses $ 16 $ 21 [6]
Caution List Low [Member]    
Loss And Loss Adjustment Expense Reserves [Line Items]    
Number of policies | policy 46 50
Number of issues | issue [1] 13 16
Remaining weighted average contract period (in years) 7 years 2 months 12 days 6 years 8 months 12 days
Principal [2] $ 1,625 $ 1,604
Interest [2] 2,173 2,118
Total [2] 3,798 3,722
Gross claim liability [3] 0 0
Less: Gross potential recoveries [4] 0 0
Discount, net [5] 0 0
Net claim liability (recoverable) 0 0
Unearned premium revenue $ 7 $ 5
Caution List Medium [Member]    
Loss And Loss Adjustment Expense Reserves [Line Items]    
Number of policies | policy 19 18
Number of issues | issue [1] 5 4
Remaining weighted average contract period (in years) 7 years 2 months 12 days 8 years
Principal [2] $ 256 $ 249
Interest [2] 117 123
Total [2] 373 372
Gross claim liability [3] 0 0
Less: Gross potential recoveries [4] 0 0
Discount, net [5] 0 0
Net claim liability (recoverable) 0 0
Unearned premium revenue $ 3 $ 4
Caution List High [Member]    
Loss And Loss Adjustment Expense Reserves [Line Items]    
Number of policies | policy 0 0
Number of issues | issue [1] 0 0
Principal [2] $ 0 $ 0
Interest [2] 0 0
Total [2] 0 0
Gross claim liability [3] 0 0
Less: Gross potential recoveries [4] 0 0
Discount, net [5] 0 0
Net claim liability (recoverable) 0 0
Unearned premium revenue $ 0 $ 0
Classified List [Member]    
Loss And Loss Adjustment Expense Reserves [Line Items]    
Number of policies | policy 216 233
Number of issues | issue [1] 97 102
Remaining weighted average contract period (in years) 8 years 9 years 8 months 12 days
Principal [2] $ 3,850 $ 5,353
Interest [2] 1,669 5,414
Total [2] 5,519 10,767
Gross claim liability [3] 944 1,085
Less: Gross potential recoveries [4] 2,321 2,363
Discount, net [5] (417) (670)
Net claim liability (recoverable) (960) (608)
Unearned premium revenue $ 39 $ 63
[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 for policies in a net payable position.
[4] Gross potential recoveries with respect to certain Puerto Rico exposures are net of the claim liability for policies in a net recoverable position.
[5] Represents discount related to Gross Claim Liability and Gross Potential Recoveries.
[6] Included in “Other assets” on the Company’s consolidated balance sheets.