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Loss And Loss Adjustment Expense Reserves (Schedule Of Financial Guarantees And Related Claim Liability) (Detail)
$ in Millions
12 Months Ended
Dec. 31, 2019
USD ($)
issue
policy
Dec. 31, 2018
USD ($)
issue
policy
Loss And Loss Adjustment Expense Reserves [Line Items]    
Number of policies | policy 276 301
Number of issues | issue [1] 112 122
Remaining weighted average contract period (in years) 7 years 8 months 12 days 8 years 10 months 24 days
Principal [2] $ 5,588 $ 7,206
Interest [2] 3,885 7,655
Total [2] 9,473 14,861
Gross claim liability [3] 965 1,085
Less: Gross potential recoveries [4] 2,184 2,363
Discount, net [5] (453) (670)
Net claim liability (recoverable) (766) (608)
Unearned premium revenue 48 72
Reinsurance recoverables on paid and unpaid losses [6] $ 19 $ 21
Caution List Low [Member]    
Loss And Loss Adjustment Expense Reserves [Line Items]    
Number of policies | policy 45 50
Number of issues | issue [1] 13 16
Remaining weighted average contract period (in years) 7 years 3 months 18 days 6 years 8 months 12 days
Principal [2] $ 1,546 $ 1,604
Interest [2] 2,107 2,118
Total [2] 3,653 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 $ 6 $ 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] $ 248 $ 249
Interest [2] 110 123
Total [2] 358 372
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 212 233
Number of issues | issue [1] 94 102
Remaining weighted average contract period (in years) 7 years 10 months 24 days 9 years 8 months 12 days
Principal [2] $ 3,794 $ 5,353
Interest [2] 1,668 5,414
Total [2] 5,462 10,767
Gross claim liability [3] 965 1,085
Less: Gross potential recoveries [4] 2,184 2,363
Discount, net [5] (453) (670)
Net claim liability (recoverable) (766) (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.