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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Millions
 3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Revenues        
Net earned premiums $ 84 $ 85 $ 203 $ 166
Net investment income 81 89 165 170
Asset management fees 0 27 0 53
Net realized investment gains (losses) (6) (9) 2 (11)
Fair value gains (losses) on credit derivatives 6 91 16 106
Fair value gains (losses) on committed capital securities 1 1 (9) (15)
Fair value gains (losses) on financial guaranty variable interest entities (1) (3) (4) (8)
Fair value gains (losses) on consolidated investment vehicles 11 6 33 64
Foreign exchange gains (losses) on remeasurement 0 28 (12) 48
Fair value gains (losses) on trading securities 17 40 43 38
Other income (loss) 9 5 10 32
Total revenues 202 360 447 643
Expenses        
Loss and loss adjustment expenses (benefit) (2) 55 (3) 59
Interest expense 23 22 46 43
Amortization of deferred acquisition costs 3 3 9 6
Employee compensation and benefit expenses 48 70 106 152
Other operating expenses 41 71 80 126
Total expenses 113 221 238 386
Income (loss) before income taxes and equity in earnings (losses) of investees 89 139 209 257
Equity in Earnings (Losses) of Investees 5 5 29 7
Income (loss) before income taxes 94 144 238 264
Less: Provision (benefit) for income taxes 13 18 44 41
Net income (loss) 81 126 194 223
Less: Noncontrolling interests 3 1 7 17
Net income (loss) attributable to Assured Guaranty Ltd. $ 78 $ 125 $ 187 $ 206
Earnings per share:        
Basic (in dollars per share) $ 1.43 $ 2.09 $ 3.38 $ 3.46
Diluted (in dollars per share) $ 1.41 $ 2.06 $ 3.31 $ 3.40