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Loss And Loss Adjustment Expense Reserves (Schedule Of Financial Guarantees And Related Claim Liability) (Detail)
$ in Millions
6 Months Ended 12 Months Ended
Jun. 30, 2022
USD ($)
issue
policy
Dec. 31, 2021
USD ($)
issue
policy
Loss And Loss Adjustment Expense Reserves [Line Items]    
Number of policies | policy 228 260
Number of issues | issue [1] 103 106
Remaining weighted average contract period (in years) 7 years 4 months 24 days 7 years 4 months 24 days
Principal [2] $ 3,607 $ 4,091
Interest [2] 2,849 3,082
Total [2] 6,456 7,173
Gross claim liability [3] 1,246 1,051
Less: Gross potential recoveries [4] 504 1,498
Discount, net [5] 217 (32)
Net claim liability (recoverable) 525 (415)
Unearned premium revenue 31 37
Reinsurance recoverable on paid and unpaid losses [6] $ 17 $ 7
Caution List Low [Member]    
Loss And Loss Adjustment Expense Reserves [Line Items]    
Number of policies | policy 55 55
Number of issues | issue [1] 16 16
Remaining weighted average contract period (in years) 5 years 10 months 24 days 6 years 1 month 6 days
Principal [2] $ 1,309 $ 1,366
Interest [2] 1,812 1,867
Total [2] 3,121 3,233
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 $ 8
Caution List Medium [Member]    
Loss And Loss Adjustment Expense Reserves [Line Items]    
Number of policies | policy 3 3
Number of issues | issue [1] 2 2
Remaining weighted average contract period (in years) 2 years 1 month 6 days 2 years 7 months 6 days
Principal [2] $ 6 $ 6
Interest [2] 1 1
Total [2] 7 7
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
Remaining weighted average contract period (in years) 0 years 0 years
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 170 202
Number of issues | issue [1] 85 88
Remaining weighted average contract period (in years) 8 years 3 months 18 days 8 years 1 month 6 days
Principal [2] $ 2,292 $ 2,719
Interest [2] 1,036 1,214
Total [2] 3,328 3,933
Gross claim liability [3] 1,246 1,051
Less: Gross potential recoveries [4] 504 1,498
Discount, net [5] 217 (32)
Net claim liability (recoverable) 525 (415)
Unearned premium revenue $ 24 $ 29
[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.