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Segment Reporting (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Premiums Earned, Net $ 78 $ 56 $ 47
Insurance Commissions and Fees 51 31 26
Contractually Specified Servicing Fee, Late Fee, and Ancillary Fee Earned in Exchange for Servicing Financial Asset 8 3 0
Net Investment Income 140 17 139
Realized Investment Gains (Losses) (22) 31 7
Derivative, Gain (Loss) on Derivative, Net (1) 129 22
Net realized gains on extinguishment of debt 0 81 33
Other income Items 15 31 8
Losses and loss adjustment expenses   (396) (88)
Deferred Policy Acquisition Costs, Amortization Expense 11 3 1
Insurance Commissions 29 18 15
Operating Expenses 155 139 110
Depreciation 2 2 2
Amortization of intangible assets 29 47 55
Interest Expense 64 168 187
Benefits, Losses and Expenses 257 (20) 281
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 12 525 2
Income Tax Expense (Benefit) 7 2 18
Assets 8,428 7,973 12,303
Gain (Loss) Related to Litigation Settlement   126 0
Revenues 269 505 282
Policyholder Benefits and Claims Incurred, Net (33)    
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest 5 522 (16)
Legacy Financial Guarantee      
Premiums Earned, Net 26 42 46
Net Investment Income 127 12 138
Realized Investment Gains (Losses) (23) 32 3
Derivative, Gain (Loss) on Derivative, Net (1) 128 22
Net realized gains on extinguishment of debt   81 33
Other income Items 15 30 8
Losses and loss adjustment expenses   (406) (89)
Deferred Policy Acquisition Costs, Amortization Expense 0 0 0
Operating Expenses 106 102 77
Depreciation 1 2 2
Amortization of intangible assets 25 44 52
Interest Expense 64 168 187
Benefits, Losses and Expenses 127 (89) 230
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 17 540 20
Income Tax Expense (Benefit) 8 3 16
Assets 7,537 7,292 11,871
Gain (Loss) Related to Litigation Settlement   126 0
Revenues 144 451 250
Policyholder Benefits and Claims Incurred, Net (69) (406) (89)
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest 9 537 4
Specialty Property & Casualty Program      
Premiums Earned, Net 52 14 1
Contractually Specified Servicing Fee, Late Fee, and Ancillary Fee Earned in Exchange for Servicing Financial Asset 8 3 0
Net Investment Income 4 2 1
Realized Investment Gains (Losses) 0 0 0
Other income Items 0 0 0
Losses and loss adjustment expenses   9 0
Deferred Policy Acquisition Costs, Amortization Expense 11 3 0
Operating Expenses 16 13 9
Depreciation 0 0 0
Benefits, Losses and Expenses 64 25 9
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 0 (6) (8)
Income Tax Expense (Benefit) 0 0 0
Assets 523 316 156
Revenues 64 18 2
Policyholder Benefits and Claims Incurred, Net 37    
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest 0 (6) (8)
Insurance Distribution      
Insurance Commissions and Fees 51 31 26
Net Investment Income 0    
Realized Investment Gains (Losses)    
Other income Items 0 1 0
Insurance Commissions 29 18 15
Operating Expenses 11 6 5
Depreciation 0 0 0
Amortization of intangible assets 4 3 3
Benefits, Losses and Expenses 44 27 22
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 7 5 4
Income Tax Expense (Benefit) 0 0 0
Assets 155 138 93
Revenues 52 31 26
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest 7 5 4
Corporate and Other      
Net Investment Income 9 3 1
Realized Investment Gains (Losses) 0 0 4
Derivative, Gain (Loss) on Derivative, Net 0 1  
Other income Items 0 0 0
Operating Expenses 21 17 19
Depreciation 0 0 0
Benefits, Losses and Expenses 22 17 19
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest (13) (14) (15)
Income Tax Expense (Benefit) (1) 0 2
Assets 213 226 182
Revenues 9 4 5
Surplus Notes     90
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest $ (11) $ (13) $ (17)