XML 12 R39.htm IDEA: XBRL DOCUMENT v3.3.0.814
Variable Interest Entities (Summary Of Nonconsolidated VIEs Assets And Liabilities) (Detail) - USD ($)
$ in Millions
Sep. 30, 2015
Dec. 31, 2014
Variable Interest Entity [Line Items]    
Insurance loss recoverable $ 437 $ 533
Global Structured Finance [Member]    
Variable Interest Entity [Line Items]    
VIE Assets 30,141 35,940
Maximum Exposure to Loss 15,929 19,958
Investments [1] 114 119
Premiums receivable [2] 91 123
Insurance loss recoverable 432 524 [3]
Unearned premium revenue [4] 89 121
Loss and loss adjustment expense reserves [5] 391 389
Derivative liabilities [6] 17 102
Global Structured Finance [Member] | Collateralized Debt Obligations [Member]    
Variable Interest Entity [Line Items]    
VIE Assets 6,666 8,613
Maximum Exposure to Loss 3,853 5,623
Investments [1] 90 110
Premiums receivable [2] 14 24
Unearned premium revenue [4] 10 20
Loss and loss adjustment expense reserves [5] 108 70
Derivative liabilities [6] 17 102
Global Structured Finance [Member] | Residential Mortgage Backed Securities [Member]    
Variable Interest Entity [Line Items]    
VIE Assets 12,130 14,136
Maximum Exposure to Loss 6,436 7,459
Investments [1] 24 9
Premiums receivable [2] 33 41
Insurance loss recoverable [3] 426 518
Unearned premium revenue [4] 32 39
Loss and loss adjustment expense reserves [5] 275 307
Global Structured Finance [Member] | Commercial Mortgage Backed Securities [Member]    
Variable Interest Entity [Line Items]    
VIE Assets 329 571
Maximum Exposure to Loss 233 279
Premiums receivable [2] 1 1
Unearned premium revenue [4] 1 1
Global Structured Finance [Member] | Consumer Asset Backed [Member]    
Variable Interest Entity [Line Items]    
VIE Assets 5,706 6,008
Maximum Exposure to Loss 1,778 1,989
Premiums receivable [2] 14 16
Unearned premium revenue [4] 12 14
Loss and loss adjustment expense reserves [5] 8 12
Global Structured Finance [Member] | Corporate Asset Backed [Member]    
Variable Interest Entity [Line Items]    
VIE Assets 5,310 6,612
Maximum Exposure to Loss 3,629 4,608
Premiums receivable [2] 29 41
Insurance loss recoverable [3] 6 6
Unearned premium revenue [4] 34 47
Global Public Finance [Member]    
Variable Interest Entity [Line Items]    
VIE Assets 44,801 49,686
Maximum Exposure to Loss 15,373 16,698
Premiums receivable [2] 164 179
Unearned premium revenue [4] 194 211
Total Insurance [Member]    
Variable Interest Entity [Line Items]    
VIE Assets 74,942 85,626
Maximum Exposure to Loss 31,302 36,656
Investments [1] 114 119
Premiums receivable [2] 255 302
Insurance loss recoverable [3] 432 524
Unearned premium revenue [4] 283 332
Loss and loss adjustment expense reserves [5] 391 389
Derivative liabilities [6] $ 17 $ 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.