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Variable Interest Entities (Tables)

6 Months Ended

Jun. 30, 2013

Text Block [Abstract]

Summary Of Nonconsolidated VIEs Assets And Liabilities

					June 30, 2013
											Carrying Value of Assets						Carrying Value of Liabilities
																				Loss and Loss
								Maximum									Unearned			Adjustment
					VIE			Exposure			Premiums			Insurance Loss			Premium			Expense			Derivative
In millions					Assets			to Loss			Receivable⁽¹⁾			Recoverable⁽²⁾			Revenue⁽³⁾			Reserves⁽⁴⁾			Liabilities⁽⁵⁾
Insurance:
	Global structured finance:
		Collateralized debt obligations			$	12,688		$	8,769		$	57		$	5		$	50		$	16		$	95
		Mortgage-backed residential				23,812			10,294			59			700			57			351			6
		Mortgage-backed commercial				4,628			2,284			1			0			1			0			0
		Consumer asset-backed				5,404			2,878			17			0			17			19			0
		Corporate asset-backed				15,717			8,914			102			19			119			0			0
	Total global structured finance					62,249			33,139			236			724			244			386			101
	Global public finance					44,456			19,353			197			0			242			5			0
Total insurance					$	106,705		$	52,492		$	433		$	724		$	486		$	391		$	101
__________
(1) - Reported within "Premiums receivable" on MBIA's consolidated balance sheets.
(2) - Reported within "Insurance loss recoverable" on MBIA's consolidated balance sheets.
(3) - Reported within "Unearned premium revenue" on MBIA's consolidated balance sheets.
(4) - Reported within "Loss and loss adjustment expense reserves" on MBIA's consolidated balance sheets.
(5) - Reported within "Derivative liabilities" on MBIA's consolidated balance sheets.

					December 31, 2012
											Carrying Value of Assets									Carrying Value of Liabilities
																							Loss and Loss
								Maximum												Unearned			Adjustment
					VIE			Exposure						Premiums			Insurance Loss			Premium			Expense			Derivative
In millions					Assets			to Loss			Investments⁽¹⁾			Receivable⁽²⁾			Recoverable⁽³⁾			Revenue⁽⁴⁾			Reserves⁽⁵⁾			Liabilities⁽⁶⁾
Insurance:
	Global structured finance:
		Collateralized debt obligations			$	16,925		$	10,873		$	0		$	62		$	5		$	55		$	37		$	74
		Mortgage-backed residential				34,061			13,075			11			77			3,278			75			440			4
		Mortgage-backed commercial				4,801			2,432			-			2			-			2			-			-
		Consumer asset-backed				5,820			3,086			10			19			-			19			21			-
		Corporate asset-backed				19,980			9,981			0			123			13			140			-			0
	Total global structured finance					81,587			39,447			21			283			3,296			291			498			78
	Global public finance					39,259			21,346			-			220			-			267			4			-
Total insurance					$	120,846		$	60,793		$	21		$	503		$	3,296		$	558		$	502		$	78
__________
(1) - Reported within "Investments" on MBIA's consolidated balance sheets.
(2) - Reported within "Premiums receivable" on MBIA's consolidated balance sheets.
(3) - Reported within "Insurance loss recoverable" on MBIA's consolidated balance sheets.
(4) - Reported within "Unearned premium revenue" on MBIA's consolidated balance sheets.
(5) - Reported within "Loss and loss adjustment expense reserves" on MBIA's consolidated balance sheets.
(6) - Reported within "Derivative liabilities" on MBIA's consolidated balance sheets.