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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, 2021
USD ($)
issue
policy
Dec. 31, 2020
USD ($)
issue
policy
Loss And Loss Adjustment Expense Reserves [Line Items]    
Number of policies | policy 260 281
Number of issues | issue [1] 106 119
Remaining weighted average contract period (in years) 7 years 4 months 24 days 7 years 4 months 24 days
Principal [2] $ 4,091 $ 4,847
Interest [2] 3,082 3,469
Total [2] 7,173 8,316
Gross claim liability [3] 1,051 1,088
Less: Gross potential recoveries [4] 1,498 1,947
Discount, net [5] (32) (173)
Net claim liability (recoverable) (415) (686)
Unearned premium revenue 37 45
Reinsurance recoverable on paid and unpaid losses [6] $ 7 $ 11
Caution List Low [Member]    
Loss And Loss Adjustment Expense Reserves [Line Items]    
Number of policies | policy 55 46
Number of issues | issue [1] 16 16
Remaining weighted average contract period (in years) 6 years 1 month 6 days 6 years 4 months 24 days
Principal [2] $ 1,366 $ 1,422
Interest [2] 1,867 1,974
Total [2] 3,233 3,396
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 $ 8 $ 10
Caution List Medium [Member]    
Loss And Loss Adjustment Expense Reserves [Line Items]    
Number of policies | policy 3 16
Number of issues | issue [1] 2 3
Remaining weighted average contract period (in years) 2 years 7 months 6 days 6 years 4 months 24 days
Principal [2] $ 6 $ 123
Interest [2] 1 54
Total [2] 7 177
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
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 202 219
Number of issues | issue [1] 88 100
Remaining weighted average contract period (in years) 8 years 1 month 6 days 7 years 10 months 24 days
Principal [2] $ 2,719 $ 3,302
Interest [2] 1,214 1,441
Total [2] 3,933 4,743
Gross claim liability [3] 1,051 1,088
Less: Gross potential recoveries [4] 1,498 1,947
Discount, net [5] (32) (173)
Net claim liability (recoverable) (415) (686)
Unearned premium revenue $ 29 $ 35
[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.