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Investments - Summary of Sources of Collateral Received and Various Investment Agreement in which Collateral Pledged (Details) - USD ($)
$ in Millions
Sep. 30, 2021
Dec. 31, 2020
Investment [Line Items]    
Fair Value Of Securities Deposited With Governmental Authorities $ 9 $ 8
Fair Value of Securities Deposited in Connection wtih Letter of Credit 1 1
Market Value of Secured Note Collateral 0 178
Fair Value of Securities Held by AmbacUK Where Capital Stock of AUK is Pledged as Collateral for Sitka AAC Note 655  
Investment Portfolio [Member]    
Investment [Line Items]    
Fair Value of Cash and Securities Pledged to Derivative Counterparties 120 140
Ambac Assurance [Member]    
Investment [Line Items]    
Unsettled Amounts Secured Notes from LSNI 0 9
Standard & Poor's, B Rating [Member]    
Investment [Line Items]    
Investment Owned, at Fair Value 785  
Standard & Poor's, B Rating [Member] | Municipal Bonds [Member]    
Investment [Line Items]    
Investment Owned, at Fair Value 320  
Standard & Poor's, B Rating [Member] | Corporate Debt Securities [Member]    
Investment [Line Items]    
Investment Owned, at Fair Value 0  
Standard & Poor's, B Rating [Member] | Mortgage And Other Asset Backed Securities [Member]    
Investment [Line Items]    
Investment Owned, at Fair Value 466  
Ambac Assurance Corporation [Member] | Standard & Poor's, B Rating [Member]    
Investment [Line Items]    
Investment Owned, at Fair Value 783  
Ambac Assurance Corporation [Member] | Standard & Poor's, B Rating [Member] | Municipal Bonds [Member]    
Investment [Line Items]    
Investment Owned, at Fair Value 317  
Ambac Assurance Corporation [Member] | Standard & Poor's, B Rating [Member] | Mortgage And Other Asset Backed Securities [Member]    
Investment [Line Items]    
Investment Owned, at Fair Value 466  
National Public Finance Guarantee Corporation [Member] | Standard & Poor's, BBB- Rating [Member]    
Investment [Line Items]    
Investment Owned, at Fair Value 2 6
National Public Finance Guarantee Corporation [Member] | Standard & Poor's, BBB- Rating [Member] | Municipal Bonds [Member]    
Investment [Line Items]    
Investment Owned, at Fair Value 2 6
National Public Finance Guarantee Corporation [Member] | Standard & Poor's, BBB- Rating [Member] | Corporate Debt Securities [Member]    
Investment [Line Items]    
Investment Owned, at Fair Value $ 0 $ 0