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Consolidated Statements of Total Comprehensive Income - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Revenues:        
Net premiums earned $ 11 $ 15 $ 36 $ 36
Net investment income:        
Securities available-for-sale and short-term 15 24 59 80
Net investment income 21 37 112 69
Available-for-sale Securities, Gross Realized Gain (Loss), Excluding Other than Temporary Impairments 3 2 4 20
Realized Investment Gains (Losses) 3 2 4 20
Change in fair value of credit derivatives:        
Derivative, Gain (Loss) on Derivative, Net 5 7 19 (61)
Net realized gains (losses) on extinguishment of debt 0   33  
Other Operating Income (Expense), Net 8 2 19 2
Income (loss) on variable interest entities 3 0 5 3
Total revenues 51 62 229 68
Expenses:        
Losses and loss expenses (benefit) (55) 83 (73) 216
Intangible amortization 11 14 44 41
Operating expenses 32 23 94 67
Interest expense 44 50 144 172
Total expenses 32 170 208 495
Pre-tax income (loss) 19 (108) 21 (427)
Provision (benefit) for income taxes 2 0 15 (5)
Net Income (Loss) Attributable to Nonredeemable Noncontrolling Interest 0   (1) 0
Net income (loss) 17 (108) 6 (423)
Net income (loss) attributable to common stockholders 17 (108) 5 (423)
Other comprehensive income (loss), after tax:        
Net income (loss) 17 (108) 6 (423)
Other Comprehensive Income (Loss), Securities, Available-for-Sale, Unrealized Holding Gain (Loss) Arising During Period, after Tax (4) 42 (2) 1
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, Net of Tax (19) 29 (11) (20)
Other Comprehensive Income (Loss), Financial Liability, Fair Value Option, Unrealized Gain (Loss) Arising During Period, after Tax 0 0 (1) 2
Other Comprehensive (Income) Loss, Defined Benefit Plan, after Reclassification Adjustment, after Tax 0 0 (1) (3)
Total other comprehensive income (loss), net of income tax (23) 71 (15) (20)
Total comprehensive income (loss) (6) (37) (9) (442)
Less: comprehensive (gain) loss attributable to the noncontrolling interest        
Total comprehensive income (loss) attributable to common stockholders (6) $ (37) (10) $ (442)
Other Comprehensive Income (Loss), Net of Tax, Portion Attributable to Noncontrolling Interest $ 0   $ (1)  
Earnings Per Share, Basic $ 0.35 $ (2.33) $ (0.19) $ (9.16)
Earnings Per Share, Diluted $ 0.35 $ (2.33) $ (0.19) $ (9.16)
Weighted Average Number of Shares Outstanding, Basic 46,615,552 46,178,730 46,503,196 46,135,399
Weighted Average Number of Shares Outstanding, Diluted 47,044,132 46,178,730 46,503,196 46,135,399
Unrealized (loss) gain on securities, taxes $ 0 $ 0 $ (2) $ 1
Other Comprehensive Income (Loss), Financial Liability, Fair Value Option, Unrealized Gain (Loss) Arising During Period, Tax 0 0   0
Gain (loss) on foreign currency translation, taxes 0 0 0 0
Other Comprehensive Income (Loss), Pension and Other Postretirement Benefit Plans, Plan Amendments, Tax Effect $ 0 $ 0 $ 0 $ 0