XML 41 R43.htm IDEA: XBRL DOCUMENT
v2.4.0.8

Loss And Loss Adjustment Expense Reserves (Schedule Of Financial Guarantees And Related Claim Liability) (Detail) (USD $) In Millions, unless otherwise specified | 9 Months Ended | 12 Months Ended
--- | --- | ---
Sep. 30, 2013 policy issue | Dec. 31, 2012 issue policy
Loss And Loss Adjustment Expense Reserves [Line Items] |  |  |  |
Number of policies | 307 |  | 295 |
Number of issues | 186 | [1] | 190 | [1]
Remaining weighted average contract period (in years) | 9 years 9 months 18 days |  | 8 years 8 months 12 days |
Principal | $ 15,182 | [2] | $ 15,257 | [2]
Interest | 9,128 | [2] | 8,361 | [2]
Total | 24,310 | [2] | 23,618 | [2]
Gross claim liability | 1,504 |  | 1,589 |
Less: Gross potential recoveries | 1,264 |  | 4,109 |
Discount, net | 272 |  | 229 |
Net claim liability (recoverable) | (32) |  | (2,749) |
Unearned premium revenue | 251 |  | 278 |
Caution List Low [Member] |  |  |  |
Loss And Loss Adjustment Expense Reserves [Line Items] |  |  |  |
Number of policies | 89 |  | 54 |
Number of issues | 31 | [1] | 29 | [1]
Remaining weighted average contract period (in years) | 10 years 9 months 18 days |  | 8 years 1 month 6 days |
Principal | 5,686 | [2] | 4,250 | [2]
Interest | 3,998 | [2] | 2,721 | [2]
Total | 9,684 | [2] | 6,971 | [2]
Gross claim liability | 0 |  | 0 |
Less: Gross potential recoveries | 0 |  | 0 |
Discount, net | 0 |  | 0 |
Net claim liability (recoverable) | 0 |  | 0 |
Unearned premium revenue | 129 |  | 142 |
Caution List Medium [Member] |  |  |  |
Loss And Loss Adjustment Expense Reserves [Line Items] |  |  |  |
Number of policies | 20 |  | 25 |
Number of issues | 15 | [1] | 15 | [1]
Remaining weighted average contract period (in years) | 5 years 3 months 18 days |  | 4 years 0 months 0 days |
Principal | 1,099 | [2] | 1,176 | [2]
Interest | 279 | [2] | 256 | [2]
Total | 1,378 | [2] | 1,432 | [2]
Gross claim liability | 0 |  | 0 |
Less: Gross potential recoveries | 0 |  | 0 |
Discount, net | 0 |  | 0 |
Net claim liability (recoverable) | 0 |  | 0 |
Unearned premium revenue | 20 |  | 11 |
Caution List High [Member] |  |  |  |
Loss And Loss Adjustment Expense Reserves [Line Items] |  |  |  |
Number of policies | 6 |  | 10 |
Number of issues | 5 | [1] | 10 | [1]
Remaining weighted average contract period (in years) | 9 years 7 months 6 days |  | 7 years 7 months 6 days |
Principal | 65 | [2] | 373 | [2]
Interest | 32 | [2] | 120 | [2]
Total | 97 | [2] | 493 | [2]
Gross claim liability | 0 |  | 0 |
Less: Gross potential recoveries | 0 |  | 0 |
Discount, net | 0 |  | 0 |
Net claim liability (recoverable) | 0 |  | 0 |
Unearned premium revenue | 1 |  | 3 |
Classified List [Member] |  |  |  |
Loss And Loss Adjustment Expense Reserves [Line Items] |  |  |  |
Number of policies | 192 |  | 206 |
Number of issues | 135 | [1] | 136 | [1]
Remaining weighted average contract period (in years) | 9 years 7 months 6 days |  | 9 years 6 months 0 days |
Principal | 8,332 | [2] | 9,458 | [2]
Interest | 4,819 | [2] | 5,264 | [2]
Total | 13,151 | [2] | 14,722 | [2]
Gross claim liability | 1,504 |  | 1,589 |
Less: Gross potential recoveries | 1,264 |  | 4,109 |
Discount, net | 272 |  | 229 |
Net claim liability (recoverable) | (32) |  | (2,749) |
Unearned premium revenue | $ 101 |  | $ 122 |
[1] | An “issue” represents the aggregate of financial guarantee policies that share the same revenue source for purposes of making debt service payments.
[2] | Represents contractual principal and interest payments due by the issuer of the obligations insured by MBIA.

X
- Details
Name: | mbi_LossAndLossAdjustmentExpenseReservesLineItems
Namespace Prefix: | mbi_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Number Of Policies + References No definition available. + Details
Name: | mbi_NumberOfPolicies
Namespace Prefix: | mbi_
Data Type: | xbrli:integerItemType
Balance Type: | na
Period Type: | instant

X
- Definition Remaining weighted average contract period of financial guarantee insurance contracts, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 40 -Section 50 -Paragraph 9 -Subparagraph (a)(5)(ii) -URI http://asc.fasb.org/extlink&oid=6933314&loc=SL5749324-161292 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 40 -Section 55 -Paragraph 32 -URI http://asc.fasb.org/extlink&oid=6933462&loc=SL5751133-161288 + Details
Name: | us-gaap_InsuredFinancialObligationsWithCreditDeteriorationRemainingWeightedAverageContractPeriod
Namespace Prefix: | us-gaap_
Data Type: | xbrli:durationItemType
Balance Type: | na
Period Type: | duration

X
- Definition This element represents the gross claim liability for financial guarantee insurance contracts presented in the context of each surveillance grouping or category used by management to monitor and track potential deterioration in the credit worthiness of the insured party's ability to meet its financial obligations related to the contracts underlying financial guarantee insurance contracts the entity has issued. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 40 -Section 55 -Paragraph 32 -URI http://asc.fasb.org/extlink&oid=6933462&loc=SL5751133-161288 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 40 -Section 50 -Paragraph 9 -Subparagraph (a)(5)(iv) -URI http://asc.fasb.org/extlink&oid=6933314&loc=SL5749324-161292 + Details
Name: | us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationGrossClaimLiability
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition This element represents the amount of insured contractual payments outstanding on the underlying insured obligations for financial guarantee insurance contracts presented in the context of each surveillance grouping or category used by management to monitor and track potential deterioration in the credit worthiness of the insured party's ability to meet its financial obligations related to the contracts underlying financial guarantee insurance contracts the entity has issued. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 40 -Section 55 -Paragraph 32 -URI http://asc.fasb.org/extlink&oid=6933462&loc=SL5751133-161288 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 40 -Section 50 -Paragraph 9 -Subparagraph (a)(5)(iii) -URI http://asc.fasb.org/extlink&oid=6933314&loc=SL5749324-161292 + Details
Name: | us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstanding
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition This element represents the amount of insured contractual payments outstanding attributable to interest accrued on the underlying insured obligations for financial guarantee insurance contracts presented in the context of each surveillance grouping or category used by management to monitor and track potential deterioration in the credit worthiness of the insured party's ability to meet its financial obligations related to the contracts underlying financial guarantee insurance contracts the entity has issued. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 40 -Section 55 -Paragraph 32 -URI http://asc.fasb.org/extlink&oid=6933462&loc=SL5751133-161288 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 40 -Section 50 -Paragraph 9 -Subparagraph (a)(5)(iii) -URI http://asc.fasb.org/extlink&oid=6933314&loc=SL5749324-161292 + Details
Name: | us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingInterest
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition This element represents the amount of insured contractual payments outstanding attributable to the principal of the underlying insured obligations for financial guarantee insurance contracts presented in the context of each surveillance grouping or category used by management to monitor and track potential deterioration in the credit worthiness of the insured party's ability to meet its financial obligations related to the contracts underlying financial guarantee insurance contracts the entity has issued. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 40 -Section 55 -Paragraph 32 -URI http://asc.fasb.org/extlink&oid=6933462&loc=SL5751133-161288 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 40 -Section 50 -Paragraph 9 -Subparagraph (a)(5)(iii) -URI http://asc.fasb.org/extlink&oid=6933314&loc=SL5749324-161292 + Details
Name: | us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstandingPrincipal
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition This element represents the net claim liability related to financial guarantee insurance contracts presented in the context of each surveillance grouping or category used by management to monitor and track potential deterioration in the credit worthiness of the insured party's ability to meet its financial obligations related to the contracts underlying financial guarantee insurance contracts the entity has issued. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 40 -Section 55 -Paragraph 32 -URI http://asc.fasb.org/extlink&oid=6933462&loc=SL5751133-161288 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 40 -Section 50 -Paragraph 9 -Subparagraph (a)(5)(vii) -URI http://asc.fasb.org/extlink&oid=6933314&loc=SL5749324-161292 + Details
Name: | us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNetClaimLiability
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition This element represents the number of issued and outstanding contracts for each surveillance grouping or category used by management to monitor and track potential deterioration in the credit worthiness of the insured party's ability to meet its financial obligations related to the contracts underlying financial guarantee insurance contracts the entity has issued. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 40 -Section 55 -Paragraph 32 -URI http://asc.fasb.org/extlink&oid=6933462&loc=SL5751133-161288 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 40 -Section 50 -Paragraph 9 -Subparagraph (a)(5)(i) -URI http://asc.fasb.org/extlink&oid=6933314&loc=SL5749324-161292 + Details
Name: | us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationNumberOfContractsIssuedAndOutstanding
Namespace Prefix: | us-gaap_
Data Type: | xbrli:decimalItemType
Balance Type: | na
Period Type: | instant

X
- Definition This element represents the gross potential recoveries against the gross claim liability for financial guarantee insurance contracts presented in the context of each surveillance grouping or category used by management to monitor and track potential deterioration in the credit worthiness of the insured party's ability to meet its financial obligations related to the contracts underlying financial guarantee insurance contracts the entity has issued. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 40 -Section 55 -Paragraph 32 -URI http://asc.fasb.org/extlink&oid=6933462&loc=SL5751133-161288 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 40 -Section 50 -Paragraph 9 -Subparagraph (a)(5)(v) -URI http://asc.fasb.org/extlink&oid=6933314&loc=SL5749324-161292 + Details
Name: | us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityGrossPotentialRecoveries
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition This element represents the net discount consisting of the difference between the discount related to the claim liability for and potential recoveries thereof related to financial guarantee insurance contracts presented in the context of each surveillance grouping or category used by management to monitor and track potential deterioration in the credit worthiness of the insured party's ability to meet its financial obligations related to the contracts underlying financial guarantee insurance contracts the entity has issued. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 40 -Section 55 -Paragraph 32 -URI http://asc.fasb.org/extlink&oid=6933462&loc=SL5751133-161288 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 40 -Section 50 -Paragraph 9 -Subparagraph (a)(5)(vi) -URI http://asc.fasb.org/extlink&oid=6933314&loc=SL5749324-161292 + Details
Name: | us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationReductionsOfGrossClaimLiabilityNetDiscount
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition This element represents the amount of unearned premium revenue, reported on or included in the statement of financial position, related to financial guarantee insurance contracts and presented in the schedule of insured financial obligations with credit deterioration in the context of each surveillance grouping or category used by management to monitor and track potential deterioration in the credit worthiness of the insured party's ability to meet its financial obligations related to the contracts underlying financial guarantee insurance contracts the entity has issued. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 40 -Section 55 -Paragraph 32 -URI http://asc.fasb.org/extlink&oid=6933462&loc=SL5751133-161288 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 40 -Section 50 -Paragraph 9 -Subparagraph (a)(5)(ix) -URI http://asc.fasb.org/extlink&oid=6933314&loc=SL5749324-161292 + Details
Name: | us-gaap_ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationStatementOfFinancialPositionUnearnedPremiumRevenue
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant