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Contracts Accounted for as Insurance - Expected Future Premium Collections and Earnings (Details) $ in Millions | Mar. 31, 2024 USD ($)
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Consolidated Entity Excluding Variable Interest Entities (VIE) |
Future Premiums to be Collected [Abstract] |
2024 (April 1 - June 30) | $ 49
2024 (July 1 - September 30) | 45
2024 (October 1 - December 31) | 23
Subtotal 2024 | 117
2025 | 124
2026 | 107
2027 | 103
2028 | 96
2029-2033 | 406
2034-2038 | 276
2039-2043 | 200
After 2043 | 391
Total | 1,820
Financial Guarantee Insurance Product Line |
Future Net Premiums to be Earned [Abstract] |
2024 (April 1 - June 30) | 71
2024 (July 1 - September 30) | 71
2024 (October 1 - December 31) | 70
Subtotal 2024 | 212
2025 | 266
2026 | 249
2027 | 234
2028 | 222
2029-2033 | 913
2034-2038 | 603
2039-2043 | 378
After 2043 | 520
Total | 3,597
Future accretion | 369
Total future net earned premiums | $ 3,966

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- Definition For financial guarantee insurance contracts, the undiscounted amount of premium revenue expected to be recognized over the term of the contract period. + References No definition available. + Details
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- Definition For financial guarantee insurance contracts, the amount of premium revenue expected to be recognized beyond the twentieth year following the statement of financial position reporting date. + References No definition available. + Details
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- Definition Amount of premium revenue under financial guarantee insurance contract to be recognized in fourth fiscal quarter following current fiscal year. Excludes interim and annual periods when interim periods are reported from current statement of financial position date (rolling approach). + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 944 -SubTopic 605 -Section 50 -Paragraph 4 -Subparagraph (b)(1) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479655/944-605-50-4 + Details
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- Definition Amount of premium revenue under financial guarantee insurance contract to be recognized in second fiscal quarter following current fiscal year. Excludes interim and annual periods when interim periods are reported from current statement of financial position date (rolling approach). + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 944 -SubTopic 605 -Section 50 -Paragraph 4 -Subparagraph (b)(1) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479655/944-605-50-4 + Details
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- Definition Amount of premium revenue under financial guarantee insurance contract to be recognized in sixteenth through twentieth fiscal year following current fiscal year. Excludes interim and annual periods when interim periods are reported from current statement of financial position date (rolling approach). + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 944 -SubTopic 605 -Section 50 -Paragraph 4 -Subparagraph (b)(2) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479655/944-605-50-4 + Details
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