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Insurance Premiums (Roll Forward Of Premiums Receivable) (Detail) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Insurance Premiums [Abstract]    
Premiums Receivable, Beginning balance $ 249 $ 296
Premium Payments Received (30) (43)
Premiums from New Business Written 0 0
Adjustments, Changes in Expected Term of Policies (1) (4)
Adjustments, Accretion of Premiums Receivable Discount [1] 6 7
Adjustments, Other (8) [2] (7) [3]
Premiums Receivable, Ending balance $ 216 $ 249
[1] Recorded within premiums earned on MBIA’s consolidated statement of operations.
[2] The change primarily relates to a reduction in installment premiums due to refunding activity and the recording of an allowance for credit losses under Financial Instruments-Credit Losses, partially offset by changes in foreign exchange currency rates.
[3] Primarily relates to the write off of uncollectible premiums and to a lesser extent realized gains due to changes in foreign currency exchange rates.