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Variable Interest Entities (Tables)

9 Months Ended

Sep. 30, 2015

Text Block [Abstract]

Summary Of Nonconsolidated VIEs Assets And Liabilities

					September 30, 2015
											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			$	6,666		$	3,853		$	90		$	14		$	-		$	10		$	108		$	17
		Mortgage-backed residential				12,130			6,436			24			33			426			32			275			-
		Mortgage-backed commercial				329			233			-			1			-			1			-			-
		Consumer asset-backed				5,706			1,778			-			14			-			12			8			-
		Corporate asset-backed				5,310			3,629			-			29			6			34			-			-
	Total global structured finance					30,141			15,929			114			91			432			89			391			17
	Global public finance					44,801			15,373			-			164			-			194			-			-
Total insurance					$	74,942		$	31,302		$	114		$	255		$	432		$	283		$	391		$	17
__________
(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.

					December 31, 2014
											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			$	8,613		$	5,623		$	110		$	24		$	-		$	20		$	70		$	102
		Mortgage-backed residential				14,136			7,459			9			41			518			39			307			-
		Mortgage-backed commercial				571			279			-			1			-			1			-			-
		Consumer asset-backed				6,008			1,989			-			16			-			14			12			-
		Corporate asset-backed				6,612			4,608			-			41			6			47			-			-
	Total global structured finance					35,940			19,958			119			123			524			121			389			102
	Global public finance					49,686			16,698			-			179			-			211			-			-
Total insurance					$	85,626		$	36,656		$	119		$	302		$	524		$	332		$	389		$	102
__________
(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.