Segment Information (Tables)

12 Months Ended

Dec. 31, 2012

Summary of Financial Information by Reportable Segment

The following table is a summary of financial information by reportable segment as of and for the years ended December 31, 2012 and 2011:


	Financial Guarantee			Financial Services			Corporate and Other			Intersegment Eliminations			Total Consolidated
2012:
Revenues:
Unaffiliated customers	$	758,331		($	72,977	)	$	335		$	—		$	685,689
Intersegment		5,189			(4,992	)		645			(842	)		—

Total revenues	$	763,520		($	77,969	)	$	980		($	842	)	$	685,689

Pre-tax loss from continuing operations:
Unaffiliated customers	($	166,761	)	($	83,015	)	($	6,729	)	$	—		($	256,505	)
Intersegment		580			(5,775	)		(5,195	)		—			—

Pre-tax loss from continuing operations	($	166,181	)	($	88,790	)	($	1,534	)	$	—		($	256,505	)

Total assets	$	26,519,480		$	455,427		$	32,257		$	—		$	27,007,164

2011:
Revenues:
Unaffiliated customers	$	546,525		($	251,044	)	$	283		$	—		$	295,764
Intersegment		26,481			(26,205	)		7,386			(7,662	)		—

Total revenues	$	573,006		($	277,249	)	$	7,669		($	7,662	)	$	295,764

Pre-tax loss from continuing operations:
Unaffiliated customers	($	1,558,768	)	($	269,580	)	($	54,601	)	$	—		($	1,882,949	)
Intersegment		13,041			(23,397	)		10,356			—			—

Pre-tax loss from continuing operations	($	1,545,727	)	($	292,977	)	($	44,245	)	$	—		($	1,882,949	)

Total assets	$	25,935,817		$	1,133,438		$	44,440		$	—		$	27,113,695

Schedule of Gross Premiums Written, Net Premiums Earned and Net Change in Fair Value of Credit Derivatives

The following tables summarize gross premiums written, net premiums earned and the net change in fair value of credit derivatives included in the Financial Guarantee segment, by location of risk for the years ended December 31, 2012 and 2011:


	Gross Premiums Written			Net Premiums Earned		Net change in fair value of credit derivatives
2012
United States	($	260,517	)	$	315,367	$	(8,496	)
United Kingdom		10,785			73,955		(5,709	)
Other international		(27,776	)		25,282		4,986

Total	($	277,508	)	$	414,604	$	(9,219	)

2011
United States	($	382,347	)	$	320,149	$	34,174
United Kingdom		198,047			52,770		1,120
Other international		5,347			33,051		12,738

Total	($	178,953	)	$	405,970	$	48,032

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

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