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Insurance Premiums (Tables) | 12 Months Ended
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Dec. 31, 2016
Text Block [Abstract] |
Rollforward of Premiums Receivable |
In millions |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  |  |  |  |  |  | Adjustments |  |  |
Premiums |  |  |  | Premiums |  | Changes in |  | Accretion of |  |  |  | Premiums |
Receivable as of |  | Premium |  | from New |  | Expected |  | Premiums |  |  |  | Receivable as of |
December 31, |  | Payments |  | Business |  | Term of |  | Receivable |  |  |  | December 31, |
2015 |  | Received |  | Written |  | Policies |  | Discount |  | Other (1) |  | 2016 |
$ | 792 |  | $ | (115) |  | $ | 10 |  | $ | (5) |  | $ | 19 |  | $ | (292) |  | $ | 409 |
__________ |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
(1) - Primarily consists of premiums receivable of $267 million reported within "Assets held for sale" on MBIA's consolidated balance sheet.
In millions |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  |  |  |  |  |  | Adjustments |  |  |
Premiums |  |  |  | Premiums |  | Changes in |  | Accretion of |  |  |  | Premiums |
Receivable as of |  | Premium |  | from New |  | Expected |  | Premiums |  |  |  | Receivable as of |
December 31, |  | Payments |  | Business |  | Term of |  | Receivable |  |  |  | December 31, |
2014 |  | Received |  | Written |  | Policies |  | Discount |  | Other (1) |  | 2015 |
$ | 875 |  | $ | (98) |  | $ | 5 |  | $ | (16) |  | $ | 21 |  | $ | 5 |  | $ | 792 |
__________ |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
(1) - Includes premiums from third-parties on behalf of consolidated VIEs, offset by net unrealized losses due to changes in foreign currency exchange rates.
Undiscounted Future Premiums By Period |
|  |  | Expected |
|  |  | Collection of |
| In millions |  | Premiums |
| Three months ending: |  |  |  |
| March 31, 2017 |  | $ | 7 |
| June 30, 2017 |  |  | 16 |
| September 30, 2017 |  |  | 8 |
| December 31, 2017 |  |  | 15 |
| Twelve months ending: |  |  |  |
| December 31, 2018 |  |  | 41 |
| December 31, 2019 |  |  | 37 |
| December 31, 2020 |  |  | 34 |
| December 31, 2021 |  |  | 31 |
| Five years ending: |  |  |  |
| December 31, 2026 |  |  | 126 |
| December 31, 2031 |  |  | 82 |
| December 31, 2036 and thereafter |  |  | 109 |
| Total |  | $ | 506 |
Unearned Premium Reserve And Future Premium Earnings |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  | Total |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  | Expected |
|  |  | Unearned |  | Expected Future |  |  |  |  | Future |
|  |  | Premium |  |  | Premium Earnings |  |  |  |  | Premium |
| In millions |  | Revenue |  | Upfront |  | Installments |  | Accretion |  | Earnings |
| December 31, 2016 |  | $ | 958 |  |  |  |  |  |  |  |  |  |  |  |  |
| Three months ending: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| March 31, 2017 |  |  | 930 |  | $ | 16 |  | $ | 12 |  | $ | 3 |  | $ | 31 |
| June 30, 2017 |  |  | 902 |  |  | 16 |  |  | 12 |  |  | 3 |  |  | 31 |
| September 30, 2017 |  |  | 876 |  |  | 15 |  |  | 11 |  |  | 3 |  |  | 29 |
| December 31, 2017 |  |  | 850 |  |  | 15 |  |  | 11 |  |  | 2 |  |  | 28 |
| Twelve months ending: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| December 31, 2018 |  |  | 754 |  |  | 55 |  |  | 41 |  |  | 10 |  |  | 106 |
| December 31, 2019 |  |  | 667 |  |  | 50 |  |  | 37 |  |  | 9 |  |  | 96 |
| December 31, 2020 |  |  | 588 |  |  | 45 |  |  | 34 |  |  | 8 |  |  | 87 |
| December 31, 2021 |  |  | 516 |  |  | 40 |  |  | 32 |  |  | 7 |  |  | 79 |
| Five years ending: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| December 31, 2026 |  |  | 258 |  |  | 147 |  |  | 111 |  |  | 29 |  |  | 287 |
| December 31, 2031 |  |  | 123 |  |  | 78 |  |  | 57 |  |  | 18 |  |  | 153 |
| December 31, 2036 and thereafter |  |  | - |  |  | 58 |  |  | 65 |  |  | 18 |  |  | 141 |
| Total |  |  |  |  | $ | 535 |  | $ | 423 |  | $ | 110 |  | $ | 1,068 |

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- Definition Rollforward of the financial guarantee premiums receivable. + References No definition available. + Details
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- Definition Amount to undiscounted future financial guarantee premiums to be collected by period + References No definition available. + Details
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- Definition Unearned Premium Reserve And Future Premium Earnings [Table Text Block] + References No definition available. + Details
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- References No definition available. + Details
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